5 Stocks in the Capital Goods Sector That Are Selling Off This Morning: CAT, DE, JOYG, FLS, RBC

Through the early part of trading on Wednesday, September 14, 2011, these stocks are bringing down the Capital Goods (NYSE:XLI) 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.

Caterpillar Inc. (NYSE:CAT) is among the price losers in the sector as its stock price is $83.25, down $1.75 (-2.1%) from the previous close of $85.02. Caterpillar Inc. offers construction and mining equipment as well as diesel and natural gas engines and industrial gas turbines.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $22.78 (-21.1%) from $107.80 to $85.02. The stock price saw one of its best stretches over the last year between December 8, 2010 and December 16, 2010 when shares rose for seven straight trading days, rising 4% (+$3.53). It saw one of its worst periods between April 4, 2011 and April 12, 2011 when shares fell for seven straight trading days, falling 6% (-$6.75).

Deere & Company (NYSE:DE) is among the price losers in the sector. Its shares are trading at $75.14, which is $1.40 (-1.9%) below the previous close of $76.56. Deere & Company provides products and services for agriculture, forestry, construction, landscaping and irrigation.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $3.24 (-4.1%) from $79.80 to $76.56. The stock price saw one of its best stretches over the last year between January 4, 2011 and January 18, 2011 when shares rose for 10 straight trading days, rising 9.1% (+$7.51). It saw one of its worst periods between April 4, 2011 and April 12, 2011 when shares fell for seven straight trading days, falling 5.8% (-$5.76).

Joy Global Inc. (NASDAQ:JOYG) stocks are trading at $77.35. This is $1.96 (-2.5%) below the previous close of $79.30, making the company one of the biggest price losers in the sector today. Joy Global, Inc. is a manufacturer and servicer of mining equipment for the extraction of coal and other minerals and ores. The equipment is used in the mining regions globally to mine coal, copper, iron ore, oil sands, and other minerals.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $17.17 (-17.8%) from $96.47 to $79.30. The stock price saw one of its best stretches over the last year between January 7, 2011 and January 18, 2011 when shares rose for seven straight trading days, rising 8.1% (+$6.98). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 23.7% (-$22.17).

Shares of Flowserve Corporation (NYSE:FLS) are trading at $85.02, down $1.70 (-1.9%) from the previous close of $86.71. Flowserve Corp. develops and manufactures flow control products and systems for the world’s most critical applications.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had fallen $18.66 (-17.7%) from $105.37 to $86.71. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six straight trading days, rising 6.8% (+$7.11). It saw one of its worst periods between March 3, 2011 and March 10, 2011 when shares fell for six straight trading days, falling 7.2% (-$9.32).

REGAL-BELOIT CORPORATION (NYSE:RBC) is one of the sector losers in price. Its shares are trading at $56.27, down $1.06 (-1.9%) from the previous close of $57.35. Regal-Beloit Corporation is a multinational corporation, which manufactures and markets electrical and mechanical products.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $9.05 (-13.6%) from $66.40 to $57.35. The stock price saw one of its best stretches over the last year between March 25, 2011 and April 5, 2011 when shares rose for eight straight trading days, rising 6.8% (+$4.80). It saw one of its worst periods between January 12, 2011 and January 21, 2011 when shares fell for seven straight trading days, falling 3.6% (-$2.41).