Discover Financial Services and 3 Financial Stocks Bucking the Sell Off: DFS, NLY, FNF, CIM

Through early trading, these stocks are helping 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.

Shares of Discover Financial Services (NYSE:DFS) are trading at $25.67, up 25 cents (+1.3%) from the previous close of $25.34. Discover Financial Services is a credit card issuer in the United States and an electronic payment services company.

Stock Price Performance: From August 23, 2011, to September 21, 2011, the stock price had risen $1.44 (6%) from $23.90 to $25.34. The stock price saw one of its best stretches over the last year between October 28, 2010 and November 8, 2010 when shares rose for eight straight trading days, rising 8.5% (+$1.48). It saw one of its worst periods between July 7, 2011 and July 14, 2011 when shares fell for six straight trading days, falling 7.6% (-$2.10).

Shares of Annaly Capital Management, Inc. (NYSE:NLY) are trading at $17.83, up 22 cents (+1.2%) from the previous close of $17.61. Annaly Capital Management, Inc. is a real estate investment trust, which is engaged in the business of investing, on a leveraged basis, in mortgage pass-through certificates, collateralized mortgage obligations and other mortgage-backed securities.

Stock Price Performance: From July 25, 2011, to September 20, 2011, the stock price had risen 58 cents (3.3%) from $17.54 to $18.12. It saw one of its worst periods between May 9, 2011 and May 13, 2011 when shares fell for five straight trading days, falling 2.2% (-39 cents). The stock price saw one of its best stretches over the last year between April 19, 2011 and May 9, 2011 when shares rose for 14 straight trading days, rising 4.1% (+69 cents).

Fidelity National Financial Inc. (NYSE:FNF) is one of the top price gainers. Its stock price is $15.58, which is 21 cents (+1.4%) above the previous close of $15.37. Fidelity National Financial, Inc. is a holding company which is a provider, through its subsidiaries, of title insurance, specialty insurance, claims management services, and information services.

Stock Price Performance: From July 26, 2011, to September 21, 2011, the stock price had fallen $1.17 (-7.1%) from $16.54 to $15.37. It saw one of its worst periods between May 31, 2011 and June 10, 2011 when shares fell for nine straight trading days, falling 5.4% (-85 cents). The stock price saw one of its best stretches over the last year between June 15, 2011 and June 22, 2011 when shares rose for six straight trading days, rising 3.2% (+47 cents).

Shares of Chimera Investment Corporation (NYSE:CIM) are trading at $2.95, up 4 cents (+1.5%) from the previous close of $2.91. Chimera Investment Corporation is a specialty finance company that invests in residential mortgage backed securities, or RMBS, residential mortgage loans, real estate-related securities and various other asset classes.

Stock Price Performance: From June 27, 2011, to September 21, 2011, the stock price had fallen 49 cents (-14.4%) from $3.40 to $2.91. It saw one of its worst periods between July 8, 2011 and July 18, 2011 when shares fell for seven straight trading days, falling 9.7% (-34 cents). The stock price saw one of its best stretches over the last year between October 13, 2010 and October 21, 2010 when shares rose for seven straight trading days, rising 5.5% (+20 cents).