The Nasdaq remains relatively unchanged, the S&P 500 is trading down 0.2% and the Dow is trading down 0.5% so far today.
The Consumer/Non-Cyclical sector (XLP) has risen 0.3% despite little change in the market overall. Currently, the biggest movers in the sector are:
|Company||Market Cap||Percentage Change|
|Monster (Nasdaq:MNST)||$10.01 billion||-5%|
|Darling International (NYSE:DAR)||$2.06 billion||-4.8%|
|Constellation Brands, Inc (NYSE:STZ)||$6.17 billion||+2.5%|
|Green Mountain Coffee Roasters (Nasdaq:GMCR)||$3.55 billion||-2.4%|
|Herbalife (NYSE:HLF)||$5.78 billion||-2%|
|USANA Health Sciences (NYSE:USNA)||$674.6 million||+1.6%|
|Fortune (NYSE:BEAM)||$9.27 billion||-1.5%|
Broker Summary: OptionsXpress Online Trading Platform
Falling 5%, Monster (Nasdaq:MNST) is currently at a share price of $53.88. So far today, 1.6 million shares have changed hands,. As a stock moves up or down, it is important to pay attention to the trading volume. This indicates the level of interest: the higher the volume, the more the interest.
Darling International (NYSE:DAR) is trading at $16.70 per share, down 4.8%. So far this morning, one million shares have changed hands. This is 1.2 times the average daily volume. Volume is also used as a secondary indicator to help confirm what the price movement is suggesting.
After an increase of 2.5%, Constellation Brands, Inc (NYSE:STZ) has reached a current price of $35.66. So far today, the company's volume is 3.5 million shares, one times its average over the past three months. If a stock price makes a big move up or down, volume lets us know the significance of that move.
After a decline of 2.4%, Green Mountain Coffee Roasters (Nasdaq:GMCR) has hit a share price of $22.29. So far today, 3.3 million shares have changed hands. Volume indicates the level of interest that investors have in a company at its current price.
Herbalife (NYSE:HLF) is down 2% to reach $50.68 per share. The company's volume is currently 455,025 shares for the day,. Price change alone is not enough to know how a stock is doing. Volume is an important secondary indicator used to confirm trends suggested by price movement.
After rising 1.6%, USANA Health Sciences (NYSE:USNA) is currently trading at a share price of $47.43. The company's volume for the day so far is 23,587 shares. This is 0.2 times its current daily average. In technical analysis, trading volume is used to determine the strength of a market indicator.
Fortune (NYSE:BEAM) has decreased to $57.70 per share, a 1.5% fall. The company's volume is currently 251,033 shares for the day, in keeping with the average volume over the past three months. Volume is an important indicator because it indicates how significant a price shift is.
The Bottom Line The nature of the market is such that stocks will have good days and bad days. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.