Services Sector Wrap

Published July 23, 2012

| FOXBusiness

During trading today, both the Services sector (IYC) and the S&P500 showed little movement.

The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. As trading began today, IYC was up 0.9% over the last thirty trading days, and the S&P 500 climbed 2%.

GeoEye (GEOY) rose 34.7% to close at $20.43, cross its 50-day moving average of $16.66 and 200-day moving average of $20.39. TAL International Group (TAL) declined 6.4% to close at $32.49, moving below its 50-day moving average of $33.95 and 200-day moving average of $34.73.

Caribou Coffee Company (CBOU) rose 4.2% to close at $11.67, approaching its 50-day moving average of $12.25. It has also moved closer to its 200-day moving average of $14.27. Tractor Supply Company (TSCO) rose 3.5% to close at $80.70, getting closer to its 200-day moving average or $86.85.

Petmed Express (PETS) was a major loser in the sector, falling 14.4% (-$1.62) to close at $9.64 with 1.5 million shares moving. The stock traded between $9.50 and $10.20. The stock has fallen over the last three months, dropping $3.35 (-25.8%) from $12.99 on April 25, 2012.

Power REIT (PW) was a major gainer in the sector, rising 6.2% (+54 cents) to close at $9.23 with 12,309 shares moving. The stock traded in a range of $8.25 to $9.28.

Wynn Resorts (WYNN) hit a new 52-week low today, hitting $94 to fall below the previous low of $94.52.

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