Consumer Goods and Health Care Stocks Leading the Market

Symbols: AET, BIIB, BSX, CELG, COH, DF, ESRX, HUM, NKE, NWL, PFE, UNH, VFC
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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.


 
 
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