Financial Stocks Spiking Higher This Afternoon as Dow Jones Climbs 227.76 Points

Through most of the trading day, these stocks are helping the Financial (NYSE:XLF) 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.

Allstate Corporation (NYSE:ALL) is among the top price gainers in the sector. Its shares are trading at $26, up $1.76 (+7.3%) from the previous close of $24.24. The Allstate Corporation provides insurance on personal property as well as offering casualty insurance, life insurance, retirement and investment products.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $6.46 (-20.9%) from $30.91 to $24.45. 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 5% (+$1.47). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 9.4% (-$2.91).

Hartford Financial Services Group Inc. (NYSE:HIG) is among the sector price gainers, as its shares are trading at $19.25, up $2.06 (+12%) from the previous close of $17.19. Hartford Financial Services Group Inc. provides investment products and insurance products in the United States.

Stock Price Performance: From June 30, 2011, to August 26, 2011, the stock price had fallen $9.18 (-34.8%) from $26.37 to $17.19. It saw one of its worst periods between August 15, 2011 and August 23, 2011 when shares fell for seven straight trading days, falling 18.6% (-$3.84). The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven straight trading days, rising 11.1% (+$2.70).

Lincoln National Corporation (NYSE:LNC) is among the top price gainers in the sector. Its shares are trading at $20.82, up $1.52 (+7.9%) from the previous close of $19.29. 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).

Shares of Axis Capital Holdings Limited (NYSE:AXS) are trading at $28.65, up $1.86 (+6.9%) from the previous close of $26.79. Axis Capital Holdings Ltd through its subsidiaries, provides a range of insurance and reinsurance products to insureds and reinsureds worldwide operations with main locations in Bermuda, the United States and Europe.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $5.52 (-17.1%) from $32.31 to $26.79. The stock price saw one of its best stretches over the last year between July 18, 2011 and July 26, 2011 when shares rose for seven straight trading days, rising 4.4% (+$1.37). It saw one of its worst periods between April 28, 2011 and May 11, 2011 when shares fell for 10 straight trading days, falling 6.2% (-$2.20).

Jefferies Group Inc. (NYSE:JEF) is among the sector price gainers, as its shares are trading at $16.71, up $1.11 (+7.1%) from the previous close of $15.60. 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).

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