The market has been slipping so far today. The Nasdaq has declined 0.2%; the S&P 500 has fallen 0.4%; and the Dow is trading down 0.2%. 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 currently ahead of the overall market, down only 0.1%, and its biggest movers are currently:
|Company||Market Cap||Percentage Change|
|Navistar (NYSE:NAV)||$1.55 billion||-3.3%|
|Tesla Motors (Nasdaq:TSLA)||$2.99 billion||-2.8%|
|Tempur-Pedic International (NYSE:TPX)||$1.95 billion||-2.6%|
|Hasbro (Nasdaq:HAS)||$4.92 billion||+2.1%|
|Warnaco Group (NYSE:WRC)||$2.09 billion||-1.9%|
|Stanley Black & Decker, Inc (NYSE:SWK)||$12.06 billion||-1.9%|
|Mattel (Nasdaq:MAT)||$12.02 billion||+1.6%|
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At $21.87, Navistar (NYSE:NAV) has slipped 3.3%. The company's volume for the day so far is 373,533 shares. This is on pace to fall short of yesterday's volume of 5.9 million shares.
Tesla Motors (Nasdaq:TSLA) has fallen 2.8% and is currently trading at $27.53 per share. So far today, the company's volume is 432,319 shares, 0.3 times the average daily volume.
Tempur-Pedic International (NYSE:TPX) is down 2.6% to reach $31.85 per share. The company is currently trading a volume of 500,522 shares.
Increasing 2.1%, Hasbro (Nasdaq:HAS) is trading at $38.61 per share. The company's volume for the day so far is 587,684 shares, in keeping with the average volume over the past three months.
Warnaco Group (NYSE:WRC) is currently trading at a share price of $50.08, a 1.9% decline. So far today, the company's volume is 103,460 shares. This is on pace to fall short of yesterday's volume of 365,597 shares.
Stanley Black & Decker, Inc (NYSE:SWK) is trading at $70.36 per share, down 1.9%. So far today, the company's volume is 600,617 shares, in keeping with its current daily average.
Mattel (Nasdaq:MAT) is at $35.81 per share after an increase of 1.6%. This morning, the company is trading a volume of 791,226 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. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.