CBS Shares Move Up 2.3% and Wynn Resorts Rises 4.3% to Lead Services Sector Today

At the close of trading, these stocks helped the Services (NYSE:IYC) sector today. 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.

Wynn Resorts, Limited (NASDAQ:WYNN) was one of the top price gainers. It closed at $153.50, which is $6.39 (+4.3%) above the previous close of $147.11. Wynn Resorts is a developer, owner and operator of destination casino resorts. It owns and operates three: Wynn Las Vegas, Encore at Wynn Las Vegas and Wynn Macau.

Stock Price Performance: From August 23, 2011, to August 29, 2011, the stock price had risen $8.97 (6.5%) from $138.14 to $147.11. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011 when shares rose for 10 straight trading days, rising 22.7% (+$29.73). It saw one of its worst periods between December 1, 2010 and December 14, 2010 when shares fell for 10 straight trading days, falling 4.9% (-$5.15).

Shares of CBS Corporation (NYSE:CBS) closed at $25.04, up 57 cents (+2.3%) from the previous close of $24.47. CBS Corporation is a mass media company with operations in entertainment, cable networks, publishing, local broadcasting and radio.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $4.08 (-14.3%) from $28.55 to $24.47. It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 11% (-$3.26). The stock price saw one of its best stretches over the last year between June 22, 2011 and July 5, 2011 when shares rose for nine straight trading days, rising 7.2% (+$1.91).

Expedia, Inc. (NASDAQ:EXPE) was one of the top price gainers. It closed at $29.98, which is 72 cents (+2.5%) above the previous close of $29.26. Expedia Inc. provides travel products and services to leisure and corporate travelers in the United States and abroad as well as various media and advertising offerings to advertisers.

Stock Price Performance: From August 1, 2011, to August 29, 2011, the stock price had dropped $2.06 (-6.6%) from $31.32 to $29.26. It saw one of its worst periods between February 15, 2011 and March 1, 2011 when shares fell for 10 straight trading days, falling 9.3% (-$2). The stock price saw one of its best stretches over the last year between June 27, 2011 and July 5, 2011 when shares rose for six straight trading days, rising 7.3% (+$2.03).

Sotheby’s (NYSE:BID) was among the top price gainers in the sector. Its shares traded at $37.67, up $1.07 (+2.9%) from the previous close of $36.60. Sothebys is an auctioneer of authenticated fine art, antiques and decorative art, jewelry and collectibles.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $9.78 (-21.1%) from $46.43 to $36.65. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine straight trading days, rising 18.5% (+$7.47). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 12.4% (-$5.61).

Shares of Ryder System, Inc. (NYSE:R) closed at $46.67, up $1.22 (+2.7%) from the previous close of $45.45. Ryder System, Inc. is a global provider of transportation and supply chain management solutions. Its business is divided into three segments of specialization: Fleet Management Solutions, Supply Chain Solutions and Dedicated Contract Carriage. .

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $12.78 (-21.9%) from $58.23 to $45.45. The stock price saw one of its best stretches over the last year between December 13, 2010 and December 21, 2010 when shares rose for seven straight trading days, rising 10.2% (+$4.66). It saw one of its worst periods between July 27, 2011 and August 8, 2011 when shares fell for nine straight trading days, falling 26.3% (-$15.13).