4 Retail Stocks Getting Drop Kicked This Afternoon

Through most of the trading day on Wednesday, August 31, 2011, these stocks are bringing down the Retail (NYSE:XRT) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Macy’s Inc. (NYSE:M) is among the price losers in the sector as its stock price is $26.23, down 33 cents (-1.26%) from the previous close of $26.25. The stock was not able to hold onto early morning gains and has since sold off into negative territory. Macy’s, Inc. is a retailer that sells apparel and accessories, cosmetics, home furnishings and other consumer goods.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $3.35 (-11.3%) from $29.60 to $26.25. The stock price saw one of its best stretches over the last year between October 22, 2010 and November 2, 2010 when shares rose for eight straight trading days, rising 8.3% (+$1.82). It saw one of its worst periods between July 22, 2011 and July 29, 2011 when shares fell for six straight trading days, falling 5.3% (-$1.63).

Shares of Dollar Tree, Inc. (NASDAQ:DLTR) are trading at $72.43, down 91 cents (-1.3%) from the previous close of $73.35. The stock is trading just off 52-week highs. Dollar Tree, Inc. operates discount variety stores in the United States. Its stores offer merchandise at the fixed price of $1.00. The company operates stores under the names of Dollar Tree, Deal$, and Dollar Bills.

Stock Price Performance: From June 6, 2011, to August 30, 2011, the stock price had risen $11.85 (19.3%) from $61.50 to $73.35. The stock price saw one of its best stretches over the last year between September 9, 2010 and September 20, 2010 when shares rose for eight straight trading days, rising 5.3% (+$2.43). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 3.8% (-$2.66).

J.C. Penney Company Inc. (NYSE:JCP) is one of the sector losers in price. Its shares are trading at $26.80, down 19 cents (-0.6%) from the previous close of $26.97. The company recently pulled a controversial t-shirt “I’m too pretty to do homework, so my brother has to do it for me.” J. C. Penney Company, Inc. is a holding company that offers merchandise and services to consumers through department stores and direct (Internet/catalog) channels.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $7.19 (-21%) from $34.16 to $26.97. The stock price saw one of its best stretches over the last year between September 22, 2010 and October 12, 2010 when shares rose for 15 straight trading days, rising 38.5% (+$9.23). It saw one of its worst periods between May 27, 2011 and June 6, 2011 when shares fell for six straight trading days, falling 12.5% (-$4.48).

Shares of Dillards Inc. (NYSE:DDS) are trading at $47.01, down 86 cents (-1.83%) from the previous close of $47.07. Like Macy’s, Dillard’s was up earlier and has since given back all today’s gains and more. Dillard’s, Inc. operates as an apparel and home furnishing retailer.

Stock Price Performance: From August 2, 2011, to August 30, 2011, the stock price had dropped $7.93 (-14.4%) from $55 to $47.07. The stock price saw one of its best stretches over the last year between November 16, 2010 and November 24, 2010 when shares rose for seven straight trading days, rising 10.1% (+$3.00). It saw one of its worst periods between May 26, 2011 and June 8, 2011 when shares fell for nine straight trading days, falling 10.2% (-$5.73).

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