So far today, the Nasdaq has moved up 0.5%, the S&P 500 has been relatively flat and the Dow is unchanged. 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.
The biggest movers in the Consumer Cyclical sector (XLY) (+0.3%) are:
|Company||Market Cap||Percentage Change|
|Cascade (NYSE:CASC)||$616.6 million||+18%|
|Koninklijke Philips Electronics NV (NYSE:PHG)||$22.91 billion||+6.6%|
|VF (NYSE:VFC)||$18.33 billion||-4.4%|
|Navistar (NYSE:NAV)||$1.31 billion||+4.3%|
|KONAMI CORPORATION (NYSE:KNM)||$3.14 billion||+3.9%|
|Movado Group (NYSE:MOV)||$841.9 million||-3.5%|
|Select (Nasdaq:SCSS)||$1.73 billion||-3.2%|
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Cascade (NYSE:CASC) is trading at $64.97 per share, a significant rise of 18%. So far today, the company's volume is two million shares.
Koninklijke Philips Electronics NV (NYSE:PHG) is up 6.6% to reach a current price of $26.23 per share. The company's volume is currently 1.7 million shares for the day, 2.9 times the average daily volume.
Currently trading at $159.46 per share, VF (NYSE:VFC) has fallen 4.4%. The company's volume for the day so far is 2.1 million shares. Yesterday, volume was only 962,509 shares.
Navistar (NYSE:NAV) has risen 4.3% to hit a current price of $19.85 per share. So far today, the company's volume is 2.5 million shares, one times its average over the past three months.
Increasing 3.9%, KONAMI CORPORATION (NYSE:KNM) is trading at $23.52 per share. This morning, the company is trading a volume of 1,256 shares.
At $32.30, Movado Group (NYSE:MOV) has slipped 3.5%. So far today, the company's volume is 85,748 shares, 0.9 times the current daily average.
Select (Nasdaq:SCSS) is down 3.2% to reach $29.75 per share. So far today, the company's volume is 721,307 shares. This is on pace to fall short of yesterday's volume of 1.9 million shares.
The Bottom Line The nature of the market is such that stocks will have good days and bad days. It is important to weigh current activity against historical performance when making any investment decisions. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.