Financial Stocks with Big Declines This Morning

Through the early part of trading on Tuesday, September 6, 2011, these stocks are bringing down the Financial (NYSE:XLF) sector. Big banks are getting hit hard as the robo-signing and mortgage securities fraud cases continue to plague the U.S. banks. The huge selloff in European banks are also spilling over to the U.S. 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.

JPMorgan Chase & Co. (NYSE:JPM) is among the price losers in the sector as its stock price is $32.84, down $1.83 (-5.2%) from the previous close of $34.63. J.P. Morgan Chase is a global securities, investment banking and retail banking firm with operations worldwide.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $6.11 (-15%) from $40.74 to $34.63. The stock price saw one of its best stretches over the last year between March 22, 2011 and March 30, 2011 when shares rose for seven straight trading days, rising 2.2% (+97 cents). It saw one of its worst periods between May 18, 2011 and May 25, 2011 when shares fell for six straight trading days, falling 4.1% (-$1.80).

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) is among the price losers in the sector. Its shares are trading at $7.75, which is 69 cents (-8.2%) below the previous close of $8.44. Banco Bilbao Vizcaya Argentaria, S.A. is an international financial group, with strengths in the traditional banking businesses of retail banking, asset management, private banking and wholesale banking.

Stock Price Performance: From June 9, 2011, to September 2, 2011, the stock price had fallen $2.68 (-24.1%) from $11.12 to $8.44. The stock price saw one of its best stretches over the last year between January 10, 2011 and January 24, 2011 when shares rose for 10 straight trading days, rising 36.8% (+$3.23). It saw one of its worst periods between December 31, 2010 and January 10, 2011 when shares fell for seven straight trading days, falling 10.2% (-$1).

MetLife, Inc. (NYSE:MET) stocks are trading at $29.13. This is $1.78 (-5.3%) below the previous close of $30.77, making the company one of the biggest price losers in the sector today. MetLife, Inc. provides individual insurance, employee benefits and financial services throughout the United States and the regions of Latin America, Europe, and Asia Pacific.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $12.75 (-29.3%) from $43.52 to $30.77. 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 8.3% (+$3.39). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 20.6% (-$8.47).

Shares of Lincoln National Corporation (NYSE:LNC) are trading at $18.04, down $1.02 (-5.2%) from the previous close of $19.03. 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 July 8, 2011, to September 2, 2011, the stock price had fallen $9.50 (-33.3%) from $28.53 to $19.03. 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).

Banco Santander (Brasil) S.A. (NYSE:BSBR) is one of the sector losers in price. Its shares are trading at $8.92, down 75 cents (-7.5%) from the previous close of $9.65. A multiple service bank, conducting commercial banking, foreign exchange, investment, credit and financing, mortgage loan, leasing portfolio, insurance, pension plan, capitalization, leasing, asset management, securities & insurance brokerage operations.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $1.48 (-13.3%) from $11.13 to $9.65. The stock price saw one of its best stretches over the last year between December 20, 2010 and January 3, 2011 when shares rose for 10 straight trading days, rising 9.7% (+$1.19). It saw one of its worst periods between June 30, 2011 and July 14, 2011 when shares fell for 10 straight trading days, falling 14.1% (-$1.65).

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