Financial Stocks Falling on Wall Street Right Now

Through most of the trading day on Tuesday, August 30, 2011, these stocks are 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.

SLM Corporation (NYSE:SLM) stocks are trading at $13.52. This is 33 cents (-2.5%) below the previous close of $13.86, making the company one of the biggest price losers in the sector today. SLM Corporation originates, services and collects student loans. It provides funding, delivery and servicing support for education loans in the US.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $3.12 (-18.4%) from $16.98 to $13.86. It saw one of its worst periods between July 21, 2011 and July 28, 2011 when shares fell for six straight trading days, falling 7.7% (-$1.29). The stock price saw one of its best stretches over the last year between October 19, 2010 and October 28, 2010 when shares rose for eight straight trading days, rising 8.1% (+89 cents).

Lincoln National Corporation (NYSE:LNC) is one of the sector losers in price. Its shares are trading at $20.47, down 48 cents (-2.5%) from the previous close of $21. Lincoln National Corp. offers a range of wealth protection, accumulation and retirement income products and solutions through its multiple insurance and investment management businesses.

Stock Price Performance: From June 30, 2011, to August 26, 2011, the stock price had fallen $9.15 (-32.2%) from $28.44 to $19.29. 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 8.9% (+$2.39). It saw one of its worst periods between October 21, 2010 and November 1, 2010 when shares fell for eight straight trading days, falling 7.1% (-$1.85).

KeyCorp (NYSE:KEY) is among the price losers in the sector as its stock price is $6.53, down 22 cents (-3.2%) from the previous close of $6.75. KeyCorp is a financial holding company that offers its clients retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $1.65 (-19.6%) from $8.40 to $6.75. 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 6.5% (+51 cents). It saw one of its worst periods between July 25, 2011 and July 29, 2011 when shares fell for five straight trading days, falling 4.4% (-37 cents).

Huntington Bancshares Incorporated (NASDAQ:HBAN) stocks are trading at $4.97. This is 15 cents (-2.9%) below the previous close of $5.12, making the company one of the biggest price losers in the sector today. Huntington Bancshares Inc. is a financial holding company that offers various financial services through its subsidiary in several states.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $1.51 (-22.8%) from $6.63 to $5.12. The stock price saw one of its best stretches over the last year between November 26, 2010 and December 6, 2010 when shares rose for seven straight trading days, rising 16.5% (+91 cents). It saw one of its worst periods between February 15, 2011 and February 24, 2011 when shares fell for seven straight trading days, falling 10.3% (-78 cents).

Jefferies Group Inc. (NYSE:JEF) is one of the sector losers in price. Its shares are trading at $16.25, down 59 cents (-3.6%) from the previous close of $16.86. Jefferies Group, Inc. and its subsidiaries operate as independent, full-service global securities and investment banking firm serving companies and their investors.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $5.75 (-26.9%) from $21.35 to $15.60. The stock price saw one of its best stretches over the last year between April 19, 2011 and April 28, 2011 when shares rose for seven straight trading days, rising 5.7% (+$1.31). It saw one of its worst periods between May 19, 2011 and May 26, 2011 when shares fell for six straight trading days, falling 6.8% (-$1.57).