Filed Under: ,
Tickers in this Article: DECK, OXM, FOSL, RL, GIL, VC, SHOO
There has been little movement in the market so far this morning. The Nasdaq has moved little; the S&P 500 has been relatively flat; and the Dow has remained steady. 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.

While the market overall has shown little change, the Consumer Cyclical sector (XLY) is up 0.5% and its current biggest movers are:
CompanyMarket CapPercentage Change
Deckers (Nasdaq:DECK)$1.36 billion+6.6%
Oxford Industries (NYSE:OXM)$753.1 million+5.4%
Fossil (Nasdaq:FOSL)$5.64 billion+3.1%
Polo Ralph Lauren (NYSE:RL)$13.91 billion+3.1%
Gildan Activewear Inc (NYSE:GIL)$4.43 billion+3%
Visteon (NYSE:VC)$2.85 billion-3%
Steven (Nasdaq:SHOO)$1.91 billion+3%
Broker Summary: TD Ameritrade Thinkorswim

Deckers (Nasdaq:DECK) is currently trading at $40.96 per share, a 6.6% increase. The company's volume for the day so far is 1.6 million shares.

After an increase of 5.4%, Oxford Industries (NYSE:OXM) has reached a current price of $47.91. This morning, 64,030 shares have been traded, which is likely to result in less activity than yesterday's volume of 229,128 shares.

Rising 3.1%, Fossil (Nasdaq:FOSL) is currently trading at $96.94 per share. So far today, 344,040 shares have changed hands. This is in keeping with the average volume over the past three months.

Increasing 3.1%, Polo Ralph Lauren (NYSE:RL) is trading at $156.77 per share. So far today, the company's volume is 543,433 shares, 0.6 times the average daily volume.

Gildan Activewear Inc (NYSE:GIL) is at $37.57 per share after an increase of 3%. So far today, 196,815 shares have changed hands.

Visteon (NYSE:VC) has fallen 3% and is currently trading at $52.26 per share. So far today, the company's volume is 1.1 million shares, which is more trading activity than there was yesterday.

Steven (Nasdaq:SHOO) has moved up 3% and is currently trading at $42.89 per share. This morning, the company is trading a volume of 47,337 shares. This is 0.1 times its current three-month average.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. 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.

comments powered by Disqus

Trading Center