Joy Global Leads Capital Goods Stocks Spiking Higher: JOYG, FLS, KBR, KMT, CRR

Through early trading on Wednesday, October 5, 2011, these stocks are helping the Capital Goods (NYSE:XLI) 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.

Shares of Joy Global Inc. (NASDAQ:JOYG) are trading at $64.22, up $2.56 (+4.2%) from the previous close of $61.66. Joy Global is a manufacturer and servicer of mining equipment for the extraction of coal and other minerals and ores. The equipment is used in the mining regions globally to mine coal, copper, iron ore, oil sands, and other minerals.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $32.61 (-34.6%) from $94.27 to $61.66. The stock price saw one of its best stretches over the last year between January 7, 2011 and January 18, 2011 when shares rose for seven straight trading days, rising 8.1% (+$6.98). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 23.7% (-$22.17).

Flowserve Corporation (NYSE:FLS) is among the top price gainers in the sector. Its shares are trading at $75.72, up $2.25 (+3.1%) from the previous close of $73.47. Flowserve develops and manufactures flow control products and systems for the world’s most critical applications.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $31.67 (-30.1%) from $105.14 to $73.47. 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 6.8% (+$7.08). It saw one of its worst periods between September 15, 2011 and September 23, 2011 when shares fell for seven straight trading days, falling 16.7% (-$14.94).

KBR, Inc. (NYSE:KBR) is among the sector price gainers, as its shares are trading at $23.89, up 80 cents (+3.5%) from the previous close of $23.09. KBR is a global engineering, construction, and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, and industrial sectors.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $13.65 (-37.2%) from $36.74 to $23.09. The stock price saw one of its best stretches over the last year between June 17, 2011 and July 7, 2011 when shares rose for 14 straight trading days, rising 13.4% (+$4.57). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 26.4% (-$9.41).

Kennametal Inc. (NYSE:KMT) is among the top price gainers in the sector. Its shares are trading at $32.15, up $1.17 (+3.8%) from the previous close of $30.98. Kennametal is a global supplier of tooling, engineered components, and advanced materials consumed in production processes.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $12.61 (-28.9%) from $43.59 to $30.98. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine straight trading days, rising 12.7% (+$5.05). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 18.8% (-$8.42).

CARBO Ceramics Inc. (NYSE:CRR) is among the sector price gainers, as its shares are trading at $105.69, up $4.04 (+4%) from the previous close of $101.65. Carbo Ceramics is a supplier of ceramic proppant, the provider of the world’s most popular fracture simulation software, and a provider of fracture design, engineering, and consulting services.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $62.30 (-38%) from $163.95 to $101.65. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 6, 2011 when shares rose for nine straight trading days, rising 15.5% (+$23). It saw one of its worst periods between July 25, 2011 and August 2, 2011 when shares fell for seven straight trading days, falling 19% (-$34.14).