Fri, May 6, 4:26 PM
Fri, Apr. 15, 4:26 PM
Thu, Mar. 17, 3:08 PM
- With the S&P 500 returning to more or less flat on the year, Bespoke digs down into sector performance and finds most of them nicely in the green, including the roughed-up energy group (NYSEARCA:XLE) with a 5.9% gain.
- Leading on the upside, though, are the telecoms (NYSEARCA:XTL), ahead 14.4%, and utilities (NYSEARCA:XLU), up 13.3%. Consumer Staples (NYSEARCA:XLP), Materials (NYSEARCA:XLB), and Industrials (NYSEARCA:XLI) are all up between 3.7% and 4.5%, while Consumer Discretionary (NYSEARCA:XLY) is flat.
- Holding the S&P 500 back, then, is healthcare (NYSEARCA:XLV), with an 8.2% decline, and financials (NYSEARCA:XLF), down 5.5%. Within, healthcare, the biotechs (NASDAQ:IBB) have plunged 27%.
Thu, Jan. 7, 10:14 AM
- A large number of retail stocks are defying the global market sell-off to put in strong gains.
- The unexpected strength follows a few store chains reporting solid holiday sales growth, headlined by L Brands with a stellar 8% comp. The underlying story behind the good read may be that $2 gas prices are helping to feed consumer spending at U.S. store chains.
- Gasbuddy.com forecasts gas prices will stay low in the U.S. for all of 2016.
- Notable gainers include Wal-Mart (WMT +2%), Target (TGT +1%), Gap (GPS +2.3%), Fred's (FRED +1.2%), Express (EXPR +1.1%), American Eagle Outfitters (AEO +1.6%), Tilly's (TLYS +2.3%), Urban Outfitters (URBN +4%), TJX Companies (TJX +0.6%), Ross Stores (ROST +1.6%), Kohl's (KSS +2%), Stein Mart (SMRT +4.4%), Citi Trends (CTRN +1.7%), Buckle (BKE +4.8%).
- Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, FXD, FDIS, RHS, FSTA, RCD, PMR, BITE
Nov. 27, 2015, 1:13 PM
Jul. 30, 2015, 11:42 AM
- Execs with Procter & Gamble (NYSE:PG) were on the defensive during the firm's earnings call as they described the "tough sledding" they see ahead for the consumer products company.
- Bernstein analyst Ali Dibadj in particular hammered the P&G team over top-line growth and wanted to know why a major breakup didn't make sense.
- Procter remains committed to a path of shedding unprofitable brands and sees low single-digit organic sales growth, although the argument presented today was uneven.
- PG is down 3.6% and stands near sessions lows.
- The company is the largest holding in the Consumer Staples Select ETF (XLP -0.3%) with a 12.1% index weight.
- Procter & Gamble earnings call webcast
- Previously: Procter & Gamble beats by $0.05, misses on revenue (Jul. 30 2015)
- Previously: Leaner P&G increases productivity (Jul. 30 2015)
Jul. 10, 2015, 4:11 PM
Jul. 8, 2015, 3:46 PM
- Notable about today's market selloff - the Dow, Nasdaq, and S&P 500 are lower in the area of 1.5%. - is its spread to the usual ports in a storm. The utilities (XLU -0.6%) and REITs (IYR -0.6%) are outperforming, but still lower even as interest rates slide lower.
- Any green at all is very difficult to find in a check of the heat map for the S&P 500.
- Defensive sectors like consumer staples (XLP -1%) and health care (XLV -1.5%) aren't being spared either.
Jun. 16, 2015, 3:42 PM
- The Consumer Staples ETF (NYSEARCA:XLP) is up 1.1% to outpace broad market averages.
- The rally is due in part to Coty's aggressive play to land Procter & Gamble's beauty assets which has given some life to a list of names in the sector.
- Bank of America Merrill Lynch has also called the staples sector undervalued.
- Related ETFs: PSL, PSCC.
- Previously: Coty acquires beauty product lines from P&G for $12B (June 15)
Mar. 25, 2015, 10:09 AM
- There's more food stocks getting a push from speculation stirred up by the Heinz-Kraft merger.
- Lifeway Foods (LWAY +1.3%), Sanderson Farms (SAFM +1.1%), Cal-Maine Foods (CALM +3.9%), Post Holdings (POST +2%), Pilgrim's Pride (PPC +0.7%), J&J Snack Foods (JJSF +0.9%), and Treehouse Foods (THS +1.1%) are all ahead of major indexes.
- The food stock buying spree has been enough to lift the S&P Consumer Staples ETF (NYSEARCA:XLP) +0.8% on a down market day.
- More action with food stocks: 1) Food sector on watch after mega-merger announced, 2) M&A food bets being laid out after Heinz-Kraft merger.
Mar. 6, 2015, 10:46 AM
- Global consumer staples stocks are weaker than market averages as concerns on market pricing and F/X sit in the background.
- The 1.21% gain in the U.S. Dollar Index isn't going unnoticed by traders.
- Notable decliners include General Mills (NYSE:GIS) -1.6%, Colgate-Palmolive (NYSE:CL) -2.0%, Unilever (NYSE:UL) -1.9%, General Mills (GIS) -1.8%, Mondelez International (NASDAQ:MDLZ) -1.9%, Post Holdings (NYSE:POST) -1.8%, Hershey (NYSE:HSY) -1.8%, Coca-Cola (NYSE:KO) -1.2%.
- The Consumer Staples ETF (NYSEARCA:XLP) is down 1.2% versus S&P 500 -0.4%.
- Other staples ETFs: VDC, FXG, RHS, FSTA, PSL, PSCC
Jan. 30, 2015, 2:59 PM
- The broad averages are moderately in the red, and would be even more so if it wasn't for energy (XLE +1%), solidly higher as oil flies upward by nearly 8% into the close.
- ETFs: XLE, ERX, VDE, OIH, ERY, DIG, DUG, IYE, FENY, PXJ, RYE, FXN, DDG
- What's doing worse than energy this year? That would be financials, and the XLF is lower by another 0.95% in today's session. Also faring poorly are utilities (XLU -1.3%), health care (XLV -0.8%), and consumer staples (XLP -1.2%).
Oct. 10, 2014, 10:47 AM
- Consumer staples stocks are in favor again with investors taking a defensive posture.
- PepsiCo (PEP +1.6%), Mondelez International (MDLZ +0.6%), Procter & Gamble (PG +1.5%), and Philip Morris (PM +1.4%) are notable out-performers.
- The Consumer Staples Select ETF (NYSEARCA:XLP) is up 1.02% on the day.
Oct. 9, 2014, 10:58 AM
- Consumer staples stocks continue to persevere amid a broad market decline.
- The Consumer Staples Select ETF (NYSEARCA:XLP) is +1.9% over the last 5 days vs. the -1.3% showing of the S&P 500 ETF.
- Today, PepsiCo (PEP +1.5%) is doing some of the heavy lifting following its Q3 earnings report - while a number of meat stocks are also contributing including Pilgrim's Pride (PPC +1.3%), ConAgra Foods (CAG +1.8%), Hormel (HRL +0.7%), Seneca Foods Corp. (SENEA +0.7%), Diamond Foods (DMND +1.1%), Tyson Foods (TSN), and Sanderson Farms (SAFM +0.7%) .
Aug. 11, 2014, 2:32 PM
- Drugstore stocks are on the move as investors continue to shift assets into consumer staples stocks.
- Walgreen (WAG +2%), CVS Caremark (CVS +0.8%), and Rite Aid (RAD +1.8%) are all higher on the day.
- The trio is also helping lift the Consumer Staples ETF (NYSEARCA:XLP) to a 1% gain to stay ahead of broad market averages.
Jul. 28, 2014, 3:31 PM
- A number of consumer goods companies that sell widely to retail chains are under-performing market indexes today after Dollar Tree announced it will buy out Family Dollar.
- Consolidation in the retail sector could give some leverage to the store chains as their scale broadens, according to Belus Capital Advisors' Brian Sozzi.
- On watch: PepsiCo (PEP -0.7%), Coca-Cola (KO -0.7%), Kraft Foods (KRFT -0.1%), Procter & Gamble (PG -0.4%), Colgate-Palmolive (CL -0.3%), Energizer Holdings (ENR -0.8%), Kimberly-Clark (KMB -0.3%).
- Related ETFs: XLP, VDC, FXG, IYK, RHS, FSTA, UGE, SZK
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Sector: Consumer Goods
Country: United States
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