FedEx and 2 Transportation Stocks Getting Thrown Away: FDX, EXPD, GLNG

Through most of the trading day on Friday, September 16, 2011, these stocks are bringing down the Transportation (NYSE:IYT) 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.

FedEx Corporation (NYSE:FDX) stocks are trading at $76.07. This is 94 cents (-1.3%) below the previous close of $77.08, making the company one of the biggest price losers in the sector today. FedEx Corporation provides various transportation, e-commerce and business services.

Stock Price Performance: From July 20, 2011, to September 15, 2011, the stock price had fallen $14.95 (-16.2%) from $92.03 to $77.08. The stock price saw one of its best stretches over the last year between June 16, 2011 and June 23, 2011 when shares rose for six straight trading days, rising 7.5% (+$6.47). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 9.3% (-$8.62).

Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) are trading at $44.47, down 56 cents (-1.2%) from the previous close of $44.99. Expeditors International of Washington Inc. offers global logistics services through an international network supporting the movement and strategic positioning of goods.

Stock Price Performance: From July 20, 2011, to September 15, 2011, the stock price had fallen $4.25 (-8.6%) from $49.24 to $44.99. The stock price saw one of its best stretches over the last year between March 22, 2011 and April 1, 2011 when shares rose for nine straight trading days, rising 7.9% (+$3.69). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 7.8% (-$4.11).

Golar LNG Limited (NASDAQ:GLNG) is one of the sector losers in price. Its shares are trading at $32.79, down 75 cents (-2.2%) from the previous close of $33.53. Golar LNG Energy Limited engages in the acquisition, ownership, operation, and chartering of liquefied natural gasĀ carriers and floating storage regasification units.

Stock Price Performance: From July 20, 2011, to September 15, 2011, the stock price had fallen $4.96 (-12.9%) from $38.49 to $33.53. The stock price saw one of its best stretches over the last year between June 30, 2011 and July 8, 2011 when shares rose for six straight trading days, rising 11.7% (+$4.06). It saw one of its worst periods between August 30, 2011 and September 6, 2011 when shares fell for five straight trading days, falling 5.9% (-$1.92).