5 Financial Stocks Selling Off While the Dow Climbs Higher

Through the early part of trading on Friday, August 26, 2011, these stocks have been bringing down the Financial (NYSE:XLF) 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.

Wells Fargo & Co. (NYSE:WFC) shares are trading at $24.32. This is 30 cents (-1.8%) below the previous close of $24.76, making the company one of the biggest price losers in the sector today. Wells Fargo & Company provides financial services in mainly wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance and commercial finance.

Stock Price Performance: From July 28, 2011, to August 25, 2011, the stock price fell $3.42 (-12.1%) from $28.18 to $24.76. The stock price saw one of its best stretches over the last year between November 26, 2010 and December 3, 2010 when shares rose for six straight trading days, gaining 9% (+$2.38). It saw one of its worst periods between July 26, 2011 and August 2, 2011 when shares fell for six straight trading days, dropping 6.2% (-$1.78).

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) shares are trading at $8.36, down 16 cents (-2.2%) from the previous close of $8.55. Banco Bilbao Vizcaya Argentaria, S.A. is an international financial group, with strengths in the traditional banking businesses of retail banking, asset management, private banking and wholesale banking.

Stock Price Performance: From June 29, 2011, to August 25, 2011, the stock price had fallen $2.70 (-24%) from $11.25 to $8.55. The stock price saw one of its best stretches over the last year between January 10, 2011 and January 24, 2011 when shares rose for 10 straight trading days, climbing 36.8% (+$3.23). It saw one of its worst periods between December 31, 2010 and January 10, 2011 when shares fell for seven straight trading days, dropping 10.2% (-$1).

Shares of Morgan Stanley (NYSE:MS) are trading at $16.41, down 16 cents (-2.1%) from the previous close of $16.77. Morgan Stanley provides its financial products and services to a group of clients and customers, including corporations, governments, financial institutions and individuals.

Stock Price Performance: From May 31, 2011, to August 24, 2011, the stock price had fallen $7.78 (-32.3%) from $24.11 to $16.33. The stock price saw one of its best stretches over the last year between December 16, 2010 and December 28, 2010 when shares rose for eight straight trading days, gaining 6.3% (+$1.64). It saw one of its worst periods between October 18, 2010 and October 26, 2010 when shares declined for seven straight trading days, falling 4.8% (-$1.20).

The Travelers Companies, Inc. (NYSE:TRV) shares are trading at $47.42. This is 26 cents (-1.2%) below the previous close of $47.99, making the company one of the biggest price losers in the sector today. The Travelers Companies, Inc. is a holding company that is engaged in providing commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals.

Stock Price Performance: From June 1, 2011, to August 25, 2011, the stock price had fallen $12.80 (-21.1%) from $60.79 to $47.99. It saw one of its worst periods between July 26, 2011 and August 2, 2011 when shares fell for six straight trading days, declining 4.6% (-$2.64). The stock price saw one of its best stretches over the last year between April 26, 2011 and May 3, 2011 when shares rose for six straight trading days, adding 4.3% (+$2.64).

Axis Capital Holdings Limited (NYSE:AXS) shares are trading at $26.06, down 40 cents (-1.7%) from the previous close of $26.52. Axis Capital Holdings Ltd through its subsidiaries, provides a range of insurance and reinsurance products to insurers’ and re-insurers’ worldwide operations, with main locations in Bermuda, the United States and Europe.

Stock Price Performance: From May 31, 2011, to August 24, 2011, the stock price had fallen $4.97 (-15.2%) from $32.69 to $27.72. The stock price saw one of its best stretches over the last year between July 18, 2011 and July 26, 2011 when shares rose for seven straight trading days, climbing 4.4% (+$1.37). It saw one of its worst periods between April 28, 2011 and May 11, 2011 when shares fell for 10 straight trading days, dropping 6.2% (-$2.20).

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