Consumer Goods and Health Care Stocks Leading the Market
The Consumer Goods Sector and the Health Care Sector are the two best performing areas of the market in today's session, currently up 1% and 0.9% respectively on the day.
The best performing stocks currently in the S&P 500 Consumer Goods Sector in today's session are:
1) Newell Rubbermaid (NYSE: NWL): Shares of Newell Rubbermaid are currently trading up 2.4% from Friday's close to $15.07. The stock has lost 16% over the past fourteen trading sessions. A short-term double bottom (bullish signal) appears to be taking shape on a three month daily chart.
2) V.F. Corporation (NYSE: VFC): Shares of V.F. Corporation are currently trading up 2.4% from Friday's close to $105.29. The stock is looking to test its 52-week high of $108.14, which was set on April 28th.
3) Mattel (NYSE: NASDAQ: MAT): Shares of Mattel are currently trading up 2.3% from Friday's close to $26.72. The stock is looking to test its 52-week high of $27.49, which was set on April 15th.
4) Coach (NYSE: COH): Shares of Coach are currently trading up 2.2% from Friday's close to $60.64. The stock has recently found support at its 50-day simple moving average (one year daily chart), which is currently at $58.61.
5) Nike (NYSE: NKE): Shares of Nike are currently trading up 2.1% from Friday's close to $82.82. The stock has broken above its 50- and 200-day simple moving averages (one year daily chart) in today's trading action. Shares have major resistance at the $86 level.
Weakness in the Sector: The following stocks are currently showing signs of weakness despite overall Sector strength:
1) Dean Foods (NYSE: DF): Shares of Dean Foods are currently trading down 1.1% from Friday's close to $12.52. A bearish head and shoulders pattern appears to be taking shape on a three month daily chart. The stock has built strong support around $12.40. After that, no major support comes into play until $10.82.
The best performing stocks currently in the S&P 500 Health Care Sector in today's session are:
1) Biogen Idec (NASDAQ: BIIB): Shares of Biogen Idec are currently trading up 4.1% from Friday's close to $98.67. The stock is looking to break back above $100 for the first time since April 27th. Shares hit a 52-week high of $106.99 on April 21st.
2) Aetna (NYSE: AET): Shares of Aetna are currently trading up 3.1% from Friday's close to $44.56. The stock is looking to test its 52-week high of $46.01, which was set on May 19th.
3) Humana (NYSE: HUM): Shares of Humana are currently trading up 3.1% from Friday's close to $79.88. The stock is looking to test its 52-week high of $80.83, which was set on June 1st. The stock has been stuck in a tight consolidation pattern ($75.99 to $80.83) since May 6th. A break above or below either level could provide a large percentage move.
4) United Health (NYSE: UNH): Shares of United Health are currently trading up 2.9% from Friday's close to $51.38. The stock hit a 52-week high of $51.65 in today's session. The year-to-date performance of United Health has been a gain of 43%.
5) Celgene (NASDAQ: CELG): Shares of Celgene are currently trading up 2.9% from Friday's close to $59.53. The stock has broken above its 50-day simple moving average (one year daily chart) in today's session.
Weakness in the Sector: The following stocks are showing signs of weakness despite overall Sector strength:
1) Express Scripts (NASDAQ: ESRX): Shares of Express Scripts are currently trading down 1.2% from Friday's close to $54.96. The stock has lost 8% over the past fourteen trading days.
2) Boston Scientific (NYSE: BSX): Shares of Boston Scientific are currently trading down 0.8% from Friday's close to $6.74. The stock has broken below its 200-day simple moving average (one year daily chart) in today's session.
3) Pfizer (NYSE: PFE): Shares of Pfizer are currently trading down 0.4% from Friday's close to $20.17. A short term bearish head and shoulders pattern appears to be taking shape on a one year daily chart. The stock recently hit a 52-week high of $21.45 on June 1st.







