Services Stocks Getting Drop Kicked This Morning

Through the early part of trading on Friday, September 2, 2011, these stocks are bringing down the Services (NYSE:IYC) sector. Services companies are trading down significantly after a weak U.S. July jobs report. 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.

H&R Block Inc. (NYSE:HRB) stocks are trading at $13.37. This is $1.84 (-11.9%) below the previous close of $15.18, making the company one of the biggest price losers in the sector today. H&R Block, Inc. through its subsidiaries, provides tax preparation, retail banking, accounting and various business advisory and consulting services.

Stock Price Performance: From August 25, 2011, to August 31, 2011, the stock price had risen $1.57 (11.6%) from $13.55 to $15.12. The stock price saw one of its best stretches over the last year between June 16, 2011 and June 23, 2011 when shares rose for six straight trading days, rising 4.5% (+69 cents). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 8.3% (-$1.29).

Shares of Gannett Co., Inc. (NYSE:GCI) are trading at $10.57, down 65 cents (-5.5%) from the previous close of $11.18. Gannett Co., Inc. is an international news and information company operating mainly in the realms of publishing, digital and broadcasting.

Stock Price Performance: From July 7, 2011, to September 1, 2011, the stock price had fallen $3.42 (-23.4%) from $14.60 to $11.18. The stock price saw one of its best stretches over the last year between November 30, 2010 and December 8, 2010 when shares rose for seven straight trading days, rising 20.7% (+$2.69). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 26.1% (-$3.55).

Washington Post Co. (NYSE:WPO) is among the price losers in the sector. Its shares are trading at $321.00, which is $14.19 (-4.3%) below the previous close of $335.35. The Washington Post Company operates as a diversified education and media company.

Stock Price Performance: From June 7, 2011, to August 31, 2011, the stock price had fallen $65.84 (-15.6%) from $421.60 to $355.76. The stock price saw one of its best stretches over the last year between November 30, 2010 and December 14, 2010 when shares rose for 11 straight trading days, rising 13.1% (+$48.76). It saw one of its worst periods between July 26, 2011 and August 1, 2011 when shares fell for five straight trading days, falling 6.5% (-$27.64).

CTC Media, Inc. (NASDAQ:CTCM) stocks are trading at $14.84. This is 79 cents (-5%) below the previous close of $15.62, making the company one of the biggest price losers in the sector today. CTC Media, Inc. is an independent media company, which operates three Russian television networks : CTC, its flagship network, Domashny and DTV.

Stock Price Performance: From July 7, 2011, to September 1, 2011, the stock price had fallen $5.83 (-27.2%) from $21.45 to $15.62. The stock price saw one of its best stretches over the last year between May 23, 2011 and May 31, 2011 when shares rose for six straight trading days, rising 10.4% (+$1.88). It saw one of its worst periods between May 10, 2011 and May 17, 2011 when shares fell for six straight trading days, falling 9.4% (-$1.86).

CBL & Associates Properties, Inc. (NYSE:CBL) is among the price losers in the sector. Its shares are trading at $13.73, which is 69 cents (-4.3%) below the previous close of $14.35. CBL & Associates Properties, Inc. is a real estate investment trust, which owns, develops, acquires, leases, manages and operates regional shopping malls, open-air centers, community centers and office properties.

Stock Price Performance: From July 7, 2011, to September 1, 2011, the stock price had fallen $4.86 (-25.3%) from $19.21 to $14.35. 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 10.4% (+$1.81). It saw one of its worst periods between July 7, 2011 and July 14, 2011 when shares fell for six straight trading days, falling 5.7% (-$1.09).

More from The Cheat Sheet