Morgan Stanley and 4 Financial Stocks with Big Declines: MS, STI, KEY, HBAN, CMA

Through most of the trading day on Friday, October 7, 2011, these stocks are bringing down 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.

Morgan Stanley (NYSE:MS) stocks are trading at $14.24. This is 92 cents (-6.2%) below the previous close of $15.18, making the company one of the biggest price losers in the sector today. Morgan Stanley provides financial products and services to a group of clients and customers, including corporations, governments, financial institutions, and individuals.

Stock Price Performance: From July 13, 2011, to October 6, 2011, the stock price had fallen $6.07 (-28.6%) from $21.25 to $15.18. 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).

Shares of Suntrust Banks Inc. (NYSE:STI) are trading at $18.01, down $1.08 (-5.8%) from the previous close of $19.13. SunTrust Banks is a financial services holding company whose businesses provide a range of financial services to consumer and corporate clients.

Stock Price Performance: From July 12, 2011, to October 5, 2011, the stock price had fallen $6.90 (-27.7%) from $24.88 to $17.98. The stock price saw one of its best stretches over the last year between April 26, 2011 and May 3, 2011 when shares rose for six straight trading days, rising 3.9% (+$1.08). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 11% (-$2.84).

KeyCorp (NYSE:KEY) is one of the sector losers in price. Its shares are trading at $6.17, down 36 cents (-5.9%) from the previous close of $6.55. KeyCorp is a financial holding company that offers its clients retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services.

Stock Price Performance: From July 12, 2011, to October 5, 2011, the stock price had fallen $1.88 (-23.6%) from $7.97 to $6.09. 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 6.5% (+51 cents). It saw one of its worst periods between July 25, 2011 and July 29, 2011 when shares fell for five straight trading days, falling 4.4% (-37 cents).

Huntington Bancshares Incorporated (NASDAQ:HBAN) is among the price losers in the sector as its stock price is $4.96, down 28 cents (-5.6%) from the previous close of $5.26. Huntington Bancshares is a financial holding company that offers various financial services through its subsidiary in several states.

Stock Price Performance: From July 12, 2011, to October 5, 2011, the stock price had fallen $1.17 (-19.1%) from $6.14 to $4.97. The stock price saw one of its best stretches over the last year between November 26, 2010 and December 6, 2010 when shares rose for seven straight trading days, rising 16.4% (+90 cents). It saw one of its worst periods between February 15, 2011 and February 24, 2011 when shares fell for seven straight trading days, falling 10.4% (-78 cents).

Comerica Inc. (NYSE:CMA) is among the price losers in the sector. Its shares are trading at $23.48, which is $1.39 (-5.8%) below the previous close of $24.93. Comerica is a financial holding company that operates in business, retail, and wealth management.

Stock Price Performance: From July 13, 2011, to October 6, 2011, the stock price had fallen $8.02 (-24.3%) from $32.95 to $24.93. 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).