The Nasdaq has risen 1.1%, the S&P 500 has moved up 0.8% and the Dow is trading up 0.6% on a good day for the market so far. The consumer cyclical sector is a category of stocks that relies heavily on the business cycle and economic conditions. Consumer cyclicals include industries such as automotive, housing, entertainment and retail. The category can be further divided into durable and non-durable sections. Durable cyclicals include physical goods such as hardware or vehicles, while non-durables represent items like movies or hotel services. The performance of consumer cyclicals is highly related to the state of the economy. They represent goods and services that are not considered necessities, but luxurious purchases. During contractions or recessions, people have less disposable income to spend on consumer cyclicals. When the economy is expanding or booming, the sales of these goods rise as retail and leisure spending increase.
Underperforming the market overall, the Consumer Cyclical sector (XLY) is up 1%, and these are its current biggest movers:
|Company||Market Cap||Percentage Change|
|Smith (Nasdaq:SWHC)||$573.4 million||-10.2%|
|Sturm, Ruger (NYSE:RGR)||$843 million||-7.6%|
|Under Armour (NYSE:UA)||$5.01 billion||+4.4%|
|Stanley Black & Decker, Inc (NYSE:SWK)||$12.18 billion||+3.5%|
|Fossil (Nasdaq:FOSL)||$5.47 billion||+3.4%|
|Toyota Motor Corporation (NYSE:TM)||$137.11 billion||+3%|
|WABCO Holdings (NYSE:WBC)||$3.89 billion||+2.4%|
Broker Summary: E-Trade Financial
Shares of Smith (Nasdaq:SWHC) are currently trading at $7.77, a steep decline of 10.2%. The company's volume for the day so far is 10.9 million shares.
At $40.67, Sturm, Ruger (NYSE:RGR) has slipped 7.6%. At 1.6 million shares, the company's volume so far today is 1.8 times the current daily average.
Under Armour (NYSE:UA) has risen 4.4% and is currently trading at $49.98 per share. The company's volume for the day so far is 824,638 shares.
Stanley Black & Decker, Inc (NYSE:SWK) has risen 3.5% to hit a current price of $74.71 per share. At 946,275 shares, the company's volume so far today is 0.8 times the average volume over the last three months.
Fossil (Nasdaq:FOSL) is currently trading at $94.23 per share, a 3.4% increase. The company is trading at a volume of 273,363 shares. This is on pace to reach yesterday's trading volume of 514,131 shares.
Toyota Motor Corporation (NYSE:TM) is up 3% to reach a current price of $89.19 per share. At 389,405 shares, the company's volume so far today is 1.6 times the average daily volume.
WABCO Holdings (NYSE:WBC) has increased to a share price of $62.99, a 2.4% rise. The company is currently trading a volume of 107,809 shares.
The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.
Stock AnalysisA summary of what Allstate Insurance sells and whom it sells it to including recent mergers and acquisitions that have helped boost its bottom line.
EconomicsWe share some insights on how the recent terrorist attacks in Paris could impact the economy and markets going forward.
Options & FuturesInvesting during an economic downturn simply means changing your focus. Discover the benefits of defensive stocks.
Investing BasicsHeld onto a stock for too long? Selling at a loss is never ideal, but it is possible to minimize the damage. Here's how.
EconomicsWill remaining calm and staying long present significant risks to your investment health?
Stock AnalysisIs DKS a bargain here?
Investing NewsA third of Americans use an AT&T mobile phone. How did it evolve from a state-sponsored monopoly, though antitrust and a technological revolution?
Stock AnalysisHome Depot has outperformed the market by a wide margin in the last 12 months. Is this sustainable?
Stock AnalysisYelp investors have had reason to be happy recently. Will the good spirits last?
Stock AnalysisWalmart is enjoying a short-term rally. Is it sustainable? Is Amazon still a better bet?
When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
Both additional paid-in capital and retained earnings are entries under the shareholders' equity section of a company's balance ... Read Full Answer >>
The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>
The difference between subscribed share capital and issued share capital is the former relates to the amount of stock for ... Read Full Answer >>