Jefferies Group and 4 Financial Stocks Leading the Sector Higher: JEF, V, MS, CMA, 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.

Jefferies Group Inc. (NYSE:JEF) is one of the top price gainers. Its stock price is $12.71, which is 35 cents (+2.8%) above the previous close of $12.37. 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 28, 2011, to September 22, 2011, the stock price had fallen $7.56 (-37.9%) from $19.93 to $12.37. 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 September 15, 2011 and September 22, 2011 when shares fell for six straight trading days, falling 17% (-$2.54).

Visa Inc. (NYSE:V) is one of the top price gainers. Its stock price is $90.31, which is $2.01 (+2.3%) above the previous close of $88.30. Visa Inc. is a global payments technology company that connects consumers, businesses, banks and governments around the world.

Stock Price Performance: From June 28, 2011, to September 22, 2011, the stock price had risen $13.15 (17.5%) from $75.15 to $88.30. The stock price saw one of its best stretches over the last year between March 31, 2011 and April 11, 2011 when shares rose for eight straight trading days, rising 5.6% (+$4.08). It saw one of its worst periods between August 15, 2011 and August 19, 2011 when shares fell for five straight trading days, falling 7.1% (-$6.12).

Shares of Morgan Stanley (NYSE:MS) are trading at $13.72, up 66 cents (+5.1%) from the previous close of $13.06. Morgan Stanley provides its financial products and services to a group of clients and customers, including corporations, governments, financial institutions and individuals.

Stock Price Performance: From July 27, 2011, to September 22, 2011, the stock price had fallen $9.48 (-42.1%) from $22.54 to $13.06. The stock price saw one of its best stretches over the last year between December 16, 2010 and December 28, 2010 when shares rose for eight straight trading days, rising 6.3% (+$1.64). It saw one of its worst periods between October 18, 2010 and October 26, 2010 when shares fell for seven straight trading days, falling 4.8% (-$1.20).

Comerica Inc. (NYSE:CMA) is one of the top price gainers. Its stock price is $22.58, which is 68 cents (+2.7%) above the previous close of $21.98. Comerica Incorporated is a financial holding company that operates in business, retail and wealth management.

Stock Price Performance: From June 28, 2011, to September 22, 2011, the stock price had fallen $11.79 (-34.9%) from $33.77 to $21.98. 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 8.7% (+$3.08). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 9.4% (-$3.18).

Shares of Chimera Investment Corporation (NYSE:CIM) are trading at $2.97, up 7 cents (+2.5%) from the previous close of $2.90. 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).