Published August 20, 2012
During trading today, both the Consumer/Non-Cyclical sector (XLP) and the S&P500 showed little movement.
Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month. At the start of trading today, XLP was up 2.4% over the last thirty trading days while the S&P 500 was up 4.2%.
Reed's (REED) was a significant gainer in the sector, rising 8%. The stock closed at $6.24 with 323,681 shares moving. The stock traded in a range of $5.79 to $6.35.
A.T. Cross Company (ATX) was one of the sector's big losers, as its price dropped 5% (-51 cents) to close at $9.64. 50,965 shares of the stock moved. The stock traded between $9.54 and $10.14. The stock is down over the last three months, having fallen 65 cents (-6.3%) from $10.29 on May 23, 2012.
Green Mountain Coffee Roasters (GMCR) declined 2.4% to close at $24.34, moving below its 50-day moving average of $21.25 and 200-day moving average of $34.03. The Andersons (ANDE) rose 4.8% to close at $39.18, crossing its 50-day moving average of $38.26.
Archer Daniels (ADM) rose 1.3% to close at $26.51, approaching its 50-day moving average of $26.97. It has also moved closer to its 200-day moving average of $29.72. Smithfield Foods (EL) fell 2.1% to close at $19.12, moving closer to its 50-day moving average of $19.04. Also, the stock moved closer to its 200-day moving average of $59.13.