Wynn Resorts and Weight Watchers are Falling with These Services Stocks Mid-Day

Through the early part of trading on Thursday, September 15, 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.

Wynn Resorts, Limited (NASDAQ:WYNN) is among the price losers in the sector. Its shares are trading at $145.78, which is $3.13 (-1.9%) below the previous close of $148.65. Wynn Resorts is a developer, owner and operator of destination casino resorts. It owns and operates three: Wynn Las Vegas, Encore at Wynn Las Vegas and Wynn Macau.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had risen $21.68 (16.8%) from $129.01 to $150.69. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011 when shares rose for 10 straight trading days, rising 22.7% (+$29.73). It saw one of its worst periods between December 1, 2010 and December 14, 2010 when shares fell for 10 straight trading days, falling 4.9% (-$5.15).

Leucadia National Corporation (NYSE:LUK) is one of the sector losers in price. Its shares are trading at $28.39, down 18 cents (-0.7%) from the previous close of $28.59. Leucadia National Corp. is a holding company involved in the businesses of telecommunications, property management, manufacturing, gaming entertainment, medical product development, real estate activities and winery operations.

Stock Price Performance: From July 19, 2011, to September 14, 2011, the stock price had fallen $4.70 (-14.1%) from $33.29 to $28.59. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 10.6% (+$3.69). It saw one of its worst periods between May 18, 2011 and May 25, 2011 when shares fell for six straight trading days, falling 4.9% (-$1.83).

Camden Property Trust (NYSE:CPT) is among the price losers in the sector as its stock price is $64.43, down 47 cents (-1%) from the previous close of $65.07. Camden Property Trust is a real estate investment trust, which is engaged in the ownership, development, construction, and management of multifamily apartment communities.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had risen $2.27 (3.6%) from $63.59 to $65.86. It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six straight trading days, falling 16.9% (-$11.39). The stock price saw one of its best stretches over the last year between April 18, 2011 and May 2, 2011 when shares rose for 10 straight trading days, rising 9.2% (+$5.26).

Weight Watchers International, Inc. (NYSE:WTW) is one of the sector losers in price. Its shares are trading at $56.63, down $1.33 (-2.4%) from the previous close of $58. Weight Watchers International, Inc. is a provider of weight management services, operating globally through a network of Company-owned and franchise operations.

Stock Price Performance: From July 19, 2011, to September 14, 2011, the stock price had fallen $21.73 (-27.3%) from $79.73 to $58. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 17, 2011 when shares rose for 15 straight trading days, rising 69.2% (+$26.60). It saw one of its worst periods between February 17, 2011 and March 3, 2011 when shares fell for 10 straight trading days, falling 8.2% (-$5.32).

Shares of PriceSmart, Inc. (NASDAQ:PSMT) are trading at $72.02, down 86 cents (-0.9%) from the previous close of $72.64. PriceSmart, Inc. through its subsidiaries, is engaged in the ownership and operation of membership shopping warehouse clubs under the trade name ‘PriceSmart’ in Central America and the Caribbean.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had risen $24.25 (53.3%) from $45.49 to $69.74. The stock price saw one of its best stretches over the last year between March 23, 2011 and April 1, 2011 when shares rose for eight straight trading days, rising 15.4% (+$4.95). It saw one of its worst periods between January 18, 2011 and January 25, 2011 when shares fell for six straight trading days, falling 4.9% (-$1.96).

 

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