Published August 08, 2012
While the S&P 500 grew 0.1%, the Consumer Cyclical sector (XLY) showed little movement during trading today.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. Entering today's trading, XLY was up 3.3% over the last thirty trading days. The S&P 500, in comparison, went up 4.7%.
Visteon Corporation (VC) was a significant gainer in the sector, rising 12.4%. The stock closed at $39.55 with 2.6 million shares moving. The stock traded in a range of $35.06 to $39.60. Share price has been climbing, and is up $6.86 (21%) from a price of $32.69 on August 1, 2012. China Automotive Systems (CAAS) also gained today, climbing 24 cents (+6.5%) to close at $3.91.
Fuel Systems Solutions (FSYS) was one of the sector's big losers, as its price dropped 12.1% (-$2.29) to close at $16.65. 1.1 million shares of the stock moved. The stock traded between $15.08 and $17.73. The stock has been on an upward trajectory over the last two months, increasing $1.21 (7.8%) from a price of $15.44 on June 11, 2012.
Fossil (FOSL) declined 4.8% to close at $87.41, moving below its 50-day moving average of $71.29 and 200-day moving average of $92.47. Park-Ohio Holdings (PKOH) climbed 11.3% to close at $21.11, moving past its 200-day moving average of $19.26.
Deer Consumer Products (DEER) rose 11.7% to close at $2.38, approaching its 50-day moving average of $2.60. It has also moved closer to its 200-day moving average of $3.36. Westport Innovations (BC) fell 3.7% to close at $36.46, moving closer to its 50-day moving average of $35.69. Also, the stock moved closer to its 200-day moving average of $22.46.
Cooper Tire & Rubber Company (CTB) hit a new 52-week high today, reaching $18.19 to top the previous high of $18.01.