Marriott, Interpublic Group, and This Stock are Weighing Down the Services Sector

Stocks have had a rough day after weak economic data from Europe scared investors to start the week. Media and leisure stocks are bringing down the Services (NYSE:IYC) sector this morning amidst a general market selloff. 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.

Marriott International, Inc. (NYSE:MAR) stocks are trading at $26.27. This is 97 cents (-3.7%) below the previous close of $27.28, making the company one of the biggest price losers in the sector today. Marriott International operates and franchises hotels and related lodging facilities throughout the world.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $9.76 (-26.3%) from $37.04 to $27.28. The stock price saw one of its best stretches over the last year between April 14, 2011 and April 21, 2011 when shares rose for six straight trading days, rising 5.3% (+$1.80). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 13.3% (-$4.64).

Shares of SL Green Realty Corporation (NYSE:SLG) are trading at $67.49, down $2.83 (-4.3%) from the previous close of $70.49. SL Green Realty Corporation is a self-managed real estate investment trust, with in-house capabilities in property management, acquisitions, financing, development, construction and leasing.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $16.85 (-19.3%) from $87.34 to $70.49. 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 6.9% (+$5.68). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 12.9% (-$11.28).

Interpublic Group of Companies Inc. (NYSE:IPG) is among the price losers in the sector. Its shares are trading at $7.54, which is 30 cents (-4%) below the previous close of $7.85. The Interpublic Group of Companies, Inc. is an advertising and marketing services company that specializes in consumer advertising, interactive marketing and media planning.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $4.87 (-38.3%) from $12.72 to $7.85. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 5, 2011 when shares rose for seven straight trading days, rising 11.3% (+$1.29). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 28.6% (-$3.62).