Published August 30, 2012
During trading today, the Consumer/Non-Cyclical sector (XLP) showed little change while the S&P 500 fell 0.7%.
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. Entering today's trading, XLP was unchanged over the last thirty trading days while the S&P 500 was up 2.1%.
Standard Register (SR) was a major gainer in the sector, rising 7.1% (+5 cents) to close at 83 cents with 9,148 shares moving. The stock traded in a range of 78 cents to 85 cents. Over the last two months, shares have shown some positive movement as the price has climbed 19 cents (29.7%) from a price of 64 cents on July 3, 2012. China New Borun (BORN) also gained today, climbing 12 cents (+5.1%) to close at $2.48.
Calavo Growers (CVGW) declined 3.6% to close at $26.20, moving below its 50-day moving average of $26.52 and 200-day moving average of $26.74. Embotelladora Andina (NYSE:AKO.B) rose 5.4% to close at $33.86, crossing its 50-day moving average of $33.25.
Coca-Cola (ZEP) fell 1.8% to close at $29.40, moving closer to its 50-day moving average of $29.00. Also, the stock moved closer to its 200-day moving average of $14.58.
Diamond Foods (DMND) was a major loser in the sector. Its price dropped 4.3% (-88 cents) to close at $19.49, as 221,750 shares moved. The stock traded in a range of $19.40 to $20.41. Shares have been on on the rise over the past month, climbing $3.26 (20.1%) from a price of $16.23 on August 1, 2012.