Services Stocks Moving to the Downside Today

Through the early part of trading on Tuesday, August 30, 2011, these stocks are bringing down the Services (NYSE:IYC) 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.

Lowe’s Companies, Inc. (NYSE:LOW) stocks are trading at $19.97. This is 52 cents (-2.5%) below the previous close of $20.49, making the company one of the biggest price losers in the sector today. Lowe’s Companies Inc. is a home improvement retailer offering products to homeowners, renters and commercial business customers.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $3.18 (-13.4%) from $23.67 to $20.49. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 24, 2011 when shares rose for seven straight trading days, rising 4.9% (+$1.26). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 18.3% (-$4.17).

Waste Management, Inc. (NYSE:WM) is one of the sector losers in price. Its shares are trading at $33.08, down 82 cents (-2.4%) from the previous close of $33.90. Waste Management, Inc. is a provider of integrated waste services in North America. It provides collection, transfer, recycling, disposal and waste-to-energy services.

Stock Price Performance: From June 3, 2011, to August 29, 2011, the stock price had fallen $4.02 (-10.6%) from $37.92 to $33.90. The stock price saw one of its best stretches over the last year between September 9, 2010 and September 22, 2010 when shares rose for 10 straight trading days, rising 5.4% (+$1.77). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 16.2% (-$5.91).

Piedmont Office Realty Trust (NYSE:PDM) is among the price losers in the sector as its stock price is $18.47, down 46 cents (-2.3%) from the previous close of $18.90. Piedmont Office Realty Trust is a real estate investment trust for federal income tax purposes and engages in the acquisition and ownership of commercial real estate properties throughout the United States.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $1.85 (-8.9%) from $20.75 to $18.90. It saw one of its worst periods between March 18, 2011 and March 24, 2011 when shares fell for five straight trading days, falling 2% (-38 cents). The stock price saw one of its best stretches over the last year between June 30, 2011 and July 8, 2011 when shares rose for six straight trading days, rising 4.2% (+86 cents).

Jones Lang Lasalle Inc. (NYSE:JLL) stocks are trading at $66.55. This is $1.63 (-2.2%) below the previous close of $68.02, making the company one of the biggest price losers in the sector today. Jones Lang LaSalle, Inc. provides integrated real estate and investment management expertise on a local, regional and global level to owner, occupier and investor clients.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $31.42 (-33.2%) from $94.69 to $63.27. The stock price saw one of its best stretches over the last year between December 9, 2010 and December 22, 2010 when shares rose for 10 straight trading days, rising 8% (+$6.39). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 26.7% (-$22.75).

CTC Media, Inc. (NASDAQ:CTCM) is one of the sector losers in price. Its shares are trading at $15.82, down 32 cents (-2.3%) from the previous close of $16.19. 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 1, 2011, to August 29, 2011, the stock price had fallen $5.88 (-26.4%) from $22.29 to $16.41. 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 10.5% (+$1.91). 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% (-$1.89).

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