Staples, Tyson Foods and Corning Among Stock Decliners August 30th

At the close of trading on Tuesday, August 30, 2011, these stocks brought down the Consumer/Non-Cyclical (NYSE:XLP) 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.

Corning Inc. (NYSE:GLW) was one of the sector losers in price. Its shares closed at $14.84, down 25 cents (-1.7%) from the previous close of $15.09. Corning Inc. provides high-performance glass for LCD televisions, computer monitors, and other information display applications as well as optical fiber and cable products.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $5.10 (-26.2%) from $19.47 to $14.37. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 25, 2011 when shares rose for eight straight trading days, rising 4.5% (+93 cents). It saw one of its worst periods between March 25, 2011 and April 8, 2011 when shares fell for 11 straight trading days, falling 8.8% (-$1.88).

Staples, Inc. (NASDAQ:SPLS) was among the price losers in the sector as its stock price closed at $14.56, down 29 cents (-2%) from the previous close of $14.85. Staples, Inc. is an office products company with segments of: North American Delivery, North American Retail and International Operations.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $1.06 (-6.7%) from $15.92 to $14.86. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven straight trading days, rising 4.2% (+64 cents). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 11% (-$1.84).

Tyson Foods Inc. (NYSE:TSN) was among the price losers in the sector. Its shares closed at $17.38, which is 10 cents (-0.6%) below the previous close of $17.48. Tyson Foods, Inc. and its subsidiaries produce, distribute and market chicken, beef, pork, prepared foods and related products.

Stock Price Performance: From June 30, 2011, to August 26, 2011, the stock price had fallen $2.55 (-13.1%) from $19.42 to $16.87. The stock price saw one of its best stretches over the last year between June 22, 2011 and July 1, 2011 when shares rose for eight straight trading days, rising 6.8% (+$1.24). It saw one of its worst periods between May 31, 2011 and June 7, 2011 when shares fell for six straight trading days, falling 8.4% (-$1.59).

Shares of Corn Products International, Inc. (NYSE:CPO) closed at $47.14, down 28 cents (-0.6%) from the previous close of $47.42. Corn Products International, Inc. together with its subsidiaries manufactures and sells a number of ingredients to a variety of food and industrial customers.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $10.01 (-17.9%) from $55.83 to $45.82. The stock price saw one of its best stretches over the last year between September 7, 2010 and September 20, 2010 when shares rose for 10 straight trading days, rising 12.8% (+$4.35). It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 14.3% (-$8.47).

Seaboard Corporation (AMEX:SEB) was one of the sector losers in price. Its shares closed at $2324, down $23.85 (-1%) from the previous close of $2347.85. Seaboard Corporation and its subsidiaries is a diversified international agribusiness and transportation company.

Stock Price Performance: From July 29, 2011, to August 26, 2011, the stock price had dropped $359 (-13.7%) from $2615 to $2256. The stock price saw one of its best stretches over the last year between March 15, 2011 and March 31, 2011 when shares rose for 13 straight trading days, rising 20.5% (+$411). It saw one of its worst periods between April 29, 2011 and May 9, 2011 when shares fell for seven straight trading days, falling 4.1% (-$99).