Published July 31, 2012
The Capital Goods sector (XLI) showed little movement on a trading day that saw S&P 500 fall 0.7%.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. Entering today's trading, XLI was up 0.4% over the last thirty trading days while the S&P 500 climbed 1.2%.
Increasing 14.5% (+79 cents) to close at $6.25, Headwaters (HW) was a major gainer in the sector. Today, 2.2 million shares traded hands. The stock traded in a range of $5.36 to $6.44.
Masco (MAS) was a major loser in the sector, falling 8.3% (-$1.09) to close at $12.03 with 21 million shares moving. The stock traded in a range of $11.96 to $12.69. The stock has fallen over the last three months, dropping $2.39 (-16.6%) from $14.42 on May 3, 2012.
Cummins (CMI) rose 6% to close at $95.90, cross its 50-day moving average of $91.26 and 200-day moving average of $103.20. Twin Disc Incorporated (TWIN) declined 7.8% to close at $19.58, moving below its 50-day moving average of $19.74 and 200-day moving average of $24.71.
CRH (CVCO) fell 4.6% to close at $18.28, moving closer to its 50-day moving average of $18.28. Also, the stock moved closer to its 200-day moving average of $46.50.