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Tickers in this Article: MHK, NKE, KORS, WPRT, WSM, TPX, SKX
The market has been slipping so far today. The Nasdaq is down 2%; the S&P 500 has declined 1.9%; and the Dow has decreased 1.4%. 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 Consumer Cyclical sector (XLY) is down 1.9%, outperforming the market overall. Currently, the biggest movers in the sector are:
CompanyMarket CapPercentage Change
Mohawk Industries (NYSE:MHK)$6.01 billion+7%
NIKE (NYSE:NKE)$44.6 billion+4.8%
Michael Kors (NYSE:KORS)$11.01 billion-4.8%
Westport Innovations Inc (Nasdaq:WPRT)$1.53 billion-3.1%
Williams-Sonoma (NYSE:WSM)$4.35 billion-3.1%
Tempur-Pedic International (NYSE:TPX)$1.84 billion-3.1%
Skechers USA (NYSE:SKX)$943.1 million+2.4%
Forex Broker Summary: UFXMarkets

Mohawk Industries (NYSE:MHK) is currently trading at $93.12 per share, a 7% increase. So far today, the company's volume is 1.4 million shares, 2.8 times the average volume over the last three months.

Increasing 4.8%, NIKE (NYSE:NKE) is trading at $103.79 per share. So far today, the company's volume is 3.5 million shares. This is more trading activity than there was yesterday.

Currently trading at $52.45 per share, Michael Kors (NYSE:KORS) has fallen 4.8%. At two million shares, the company's volume so far today is 0.7 times the average daily volume.

Slipping 3.1%, Westport Innovations Inc (Nasdaq:WPRT) is currently trading at $26.76 per share. So far today, the company's volume is 262,791 shares.

Williams-Sonoma (NYSE:WSM) is down 3.1% to reach $43.04 per share. With 611,853 shares changing hands so far today, the company's volume is 0.7 times its current three-month average.

Tempur-Pedic International (NYSE:TPX) has fallen 3.1% and is currently trading at $30 per share. The company is trading at a volume of 503,281 shares. This is a sign that there will be less trading activity than there was yesterday.

Skechers USA (NYSE:SKX) has moved up 2.4% and is currently trading at $19.13 per share. So far today, the company's volume is 205,049 shares, in keeping with its current daily average.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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