Transportation Stocks Investors are Dumping Now

These stocks are dragging down the Transportation (NYSE:IYT) sector today. 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.

FedEx Corporation (NYSE:FDX) is one of the market losers in price today. Its shares are trading at $75.32, down $4.43 (-5.6%) from a previous close of $79.75. FedEx Corporation provides various transportation, e-commerce and business services.

Stock Price Performance: During July 12, 2011 to August 9, 2011, the stock price had dropped $14.33 (-15.2%) from $94.08 to $79.75. 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 days, rising 7.5% (+$6.48) over that span. It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine-straight days, falling 9.3% (-$8.64) over that span.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is among the price losers in the market today. Its shares are trading at $38.82, which is $1.99 (-4.9%) below the previous close of $40.81. J.B. Hunt Transport Services, Inc is the wholesale distributor of specialty technology products, providing value-added distribution sales to resellers in the specialty technology markets.

Stock Price Performance: During July 12, 2011 to August 9, 2011, the stock price had dropped $6.76 (-14.2%) from $47.57 to $40.81. The stock price saw one of its best stretches over the last year between March 23, 2011 and March 31, 2011 when shares rose for seven-straight days, rising 5.8% (+$2.49) over that span. It saw one of its worst periods between May 10, 2011 and May 17, 2011 when shares fell for six-straight days, falling 2.5% (-$1.16) over that span.

Shares of Copa Holdings, S.A. (NYSE:CPA) are trading at $60.73, down $2.61 (-4.1%) from a previous close of $63.34. Copa Holdings SA is a Latin American provider of airline passenger and cargo service through its two principal operating subsidiaries, Copa and AeroRepublica.

Stock Price Performance: During July 12, 2011 to August 9, 2011, the stock price had dropped $5.85 (-8.5%) from $69.19 to $63.34. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 27, 2011 when shares rose for seven-straight days, rising 5.7% (+$2.99) over that span. It saw one of its worst periods between August 17, 2010 and August 26, 2010 when shares fell for eight-straight days, falling 11.2% (-$5.81) over that span.

Expeditors International of Washington, Inc. (NASDAQ:EXPD) stocks are trading at $41.19. This is $1.63 (-3.9%) below the previous close of $42.85, making the company one of the biggest price losers in the market today. Expeditors International of Washington Inc. offers global logistics services through an international network supporting the movement and strategic positioning of goods.

Stock Price Performance: During May 13, 2011 to August 9, 2011, the stock price had fallen $9.97 (-18.9%) from $52.82 to $42.85. The stock price saw one of its best stretches over the last year between March 22, 2011 and April 1, 2011 when shares rose for nine-straight days, rising 7.9% (+$3.69) over that span. It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight-straight days, falling 7.8% (-$4.11) over that span.

Union Pacific Corporation (NYSE:UNP) is among the price losers in the market today. Its shares are trading at $88.73, which is $3.16 (-3.4%) below the previous close of $91.89. Union Pacific Corporation links 23 states in the western two-thirds of the country through its operating company, Union Pacific Railroad Company.

Stock Price Performance: During July 12, 2011 to August 9, 2011, the stock price had dropped $9.40 (-9.3%) from $101.29 to $91.89. The stock price saw one of its best stretches over the last year between April 21, 2011 and May 3, 2011 when shares rose for eight-straight days, rising 8.1% (+$7.74) over that span. It saw one of its worst periods between January 13, 2011 and January 25, 2011 when shares fell for eight-straight days, falling 6.1% (-$5.95) over that span.

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