Utilities Stocks Investors are Dumping Now

These stocks are dragging down the Utilities (NYSE:IDU) 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.

Southern Company (NYSE:SO) stocks are trading at $37.20. This is $1.13 (-2.9%) below the previous close of $38.33, making the company one of the biggest price losers in the market today. Southern Company through its operating companies, provides electric service in four Southeastern states.

Stock Price Performance: During June 9, 2011 to August 5, 2011, the stock price had risen 81 cents (2.1%) from $39.06 to $39.87. The stock price saw one of its best stretches over the last year between April 25, 2011 and May 4, 2011 when shares rose for eight-straight days, rising 3.9% (+$1.45) over that span. It saw one of its worst periods between May 19, 2011 and May 27, 2011 when shares fell for seven-straight days, falling 2.5% (-$1.01) over that span.

PG &E Corporation (NYSE:PCG) is among the price losers in the market today. Its shares are trading at $38.66, which is 98 cents (-2.5%) below the previous close of $39.64. PG&E Corp. distributes electricity and natural gas, generates electricity, and procures natural gas through Pacific Gas and Electric Company.

Stock Price Performance: During May 12, 2011 to August 8, 2011, the stock price had fallen $6.37 (-13.8%) from $46.01 to $39.64. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 28, 2011 when shares rose for eight-straight days, rising 3.6% (+$1.59) over that span. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven-straight days, falling 3.4% (-$1.45) over that span.

Xcel Energy Inc (NYSE:XEL) is among the price losers in the market today as its stock price is $21.63, down 37 cents (-1.5%) from a previous close of $21.95. Xcel Energy, Inc. is a holding company that is engaged in the generation, purchase, transmission, distribution and sale of electricity and natural gas.

Stock Price Performance: During May 12, 2011 to August 8, 2011, the stock price had fallen $2.62 (-10.7%) from $24.57 to $21.95. The stock price saw one of its best stretches over the last year between April 19, 2011 and May 4, 2011 when shares rose for 11-straight days, rising 2.6% (+61 cents) over that span. It saw one of its worst periods between May 31, 2011 and June 6, 2011 when shares fell for five-straight days, falling 2.2% (-54 cents) over that span.

American Electric Power Company Inc (NYSE:AEP) is one of the market losers in price today. Its shares are trading at $33.57, down 48 cents (-1%) from a previous close of $33.91. American Electric Power Co Inc is a public utility holding company that provides electric service, consisting of generation, transmission and distribution, to its retail customers through subsidiaries.

Stock Price Performance: During July 8, 2011 to August 5, 2011, the stock price had dropped $2.11 (-5.5%) from $38.35 to $36.24. 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 4.1% (+$1.45) over that span. It saw one of its worst periods between November 5, 2010 and November 17, 2010 when shares fell for nine-straight days, falling 4.1% (-$1.48) over that span.

Shares of Consolidated Edison Inc. (NYSE:ED) are trading at $49.99, down 51 cents (-0.8%) from a previous close of $50.41. Consolidated Edison Inc. provides electric, gas, and steam utility services to customers through its subsidiaries.

Stock Price Performance: During May 12, 2011 to August 8, 2011, the stock price had fallen $3.23 (-6%) from $53.64 to $50.41. The stock price saw one of its best stretches over the last year between April 21, 2011 and May 4, 2011 when shares rose for nine-straight days, rising 4.5% (+$2.28) over that span. It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven-straight days, falling 2.5% (-$1.36) over that span.