Published July 16, 2012
The Consumer/Non-Cyclical sector (XLP) showed little movement on a trading day that saw S&P 500 fall 0.2%.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, the S&P 500 was up 0.1% over the last seven trading days, but XLP was up 0.7%.
Green Mountain Coffee Roasters (GMCR) was one of the sector's big losers, as its price dropped 9.6% (-$1.88) to close at $17.82. 14.1 million shares of the stock moved. The stock traded in a range of $17.76 to $19.71.
Jamba (JMBA) was a major gainer in the sector, rising 4.9% (+13 cents) to close at $2.79 with 2.1 million shares moving. The stock traded in a range of $2.61 to $2.88.
Kellogg (K) declined 2.3% to close at $48.35, moving below its 50-day moving average of $49.19 and 200-day moving average of $50.68.
Avon Products (AVP) rose 4.3% to close at $15.84, approaching its 50-day moving average of $16.04. It has also moved closer to its 200-day moving average of $18.20. Lancaster Colony (DF) fell 2.7% to close at $70.42, moving closer to its 50-day moving average of $69.00. Also, the stock moved closer to its 200-day moving average of $13.19.