Published July 19, 2012
On a trading day that saw the S&P 500 gain 0.3%, the Consumer/Non-Cyclical sector (XLP) showed little change.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, XLP was up 0.9% over the last seven trading days while the S&P 500 went up 3.2%.
Feihe International (ADY) was a major gainer in the sector, rising 10.8% (+67 cents) to close at $6.89 with 350,190 shares moving. The stock traded in a range of $6.29 to $6.93.
Le Gaga Holdings Ltd ADR (GAGA) was one of the sector's big losers, as its price dropped 7.7% (-30 cents) to close at $3.60. 46,564 shares of the stock moved. The stock traded between $3.53 and $3.97.
Estee Lauder Cos (EL) rose 4% to close at $54.68, crossing its 50-day moving average of $53.83. Meanwhile, Diamond Foods (DMND) dropped 3.4% to close at $18.45, moving below its 200-day moving average or $24.11.
Peet's Coffee & Tea (PEET) rose 6.1% to close at $57.91, approaching its 50-day moving average of $58.08. It has also moved closer to its 200-day moving average of $63.50. Lancaster Colony (JJSF) fell 2% to close at $69.53, moving closer to its 50-day moving average of $69.34. Also, the stock moved closer to its 200-day moving average of $53.76.