Friday March 19 , 2010

Solar Stocks Down Less Than 1% For The Week

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Although falling below 10,000 this week, the Dow Jones Industrial Averages dropped 55 points to close at 10012.23, a .55% dip. The NASDAQ slid six points to end at 2141.22, off .29% from last week. The 20 Solar Stocks Index (20SSI) shaved less than a point from last Friday ending at 371.71, a .26% slip.

The week was wild as triple-digit changes for the Dow occurred on three days. The upswing today could be related to an encouraging jobs report that showed national unemployment at 9.7%, the lowest since August. MarketWatch reports that retailers through January posted five straight weeks of strong sales as Holiday gift cards are getting redeemed and more. clearance sales.

The American auto industry was mixed as Ford and GM posted increased sales and Chrysler losing. For the first time in a generation U.S. automakers may gain from Toyota's continuing problems with almost its entire line-up of cars. The Prius, the darling of Toyota for the past decade, is now facing an investigation by federal regulators about complaints of the breaking system and headlights suddenly going out. Many industry watchers are saying Toyota's climb back to customer trust could take a long time.

Thirteen solar stocks actually gained by small margins this week. The biggest winners were JA Solar and Trina Solar, up 6% and 9% respectively and several in the +3% range.

20 Solar Stocks Index Week of Feb 1-5, 2010


Monday Open Friday Close Up/Down % Change Close 1/5/09* Close 3/6/09**
Dow Jones DJIA 10067.33 10012.23 -55.1 -.5503% 8952.89 6626.95
NASDAQ 2147.35 2141.12 -6.23 -.2909 1628.03 1293.85






Akeena Solar AKNS 1.14 1.11 -.03 -2.702 2.28 .61
Amtel Systems ASYS 10.42 10.44 +.02 +.1919 4.00 2.73
Applied Materials AMAT 12.18 12.23 +.05 +.4105 10.67 8.70
Canadian Solar CSIQ 21.13 22.02 +.85 +4.212 7.00 3.0601
ECD (UniSolar) ENER 9.12 9.07 -.05 -.7734 29.33 17.45
Entech Solar ENSL.OB .13 .14 .01 +.7692 .28 .23
Evergreen Solar ESLR 1.44 1.41 -.03 -2.127 3.60 1.03
First Solar FSLR 113.30 114.19 +.89 +.7855 157.80 108.49
GT Solar Int. SOLR 5.75 5.97 +.22 +3.826 4.00 4.02
JA Solar JASO 4.30 4.56 +.26 +6.046 5.09 1.91
Kyocera KYO 92.72 87.49 -5.23 -5.977 71.87 54.21
LDK Solar LDK 6.23 6.42 +.19 +3.049 14.84 4.40
MEMC Elect. WFR 12.57 12.49 -.08 -.6405 15.76 13.68
Renesola SOL 4.40 4.54 +.14 +3.181 5.15 2.1201
Satcon SATC 2.30 2.38 +.08 +3.478 1.60 1.23
SolarFun SOLF 7.21 7.29 +.08 +1.109 6.12 2.30
SunPower SPWRA 20.39 19.65 -.74 -3.765 45.13 23.39
SunTech STP 13.51 13.01 -.50 -3.843 13.55 5.34
Trina Solar TSL 21.93 24.05 +2.12 +9.667 10.09 7.23
Yingli YGE 12.52 13.26 +.74 +5.910 7.25 3.888
20SSI Weekly Cumulative: Previous 372.69 Current 371.72 Change -.97/-.2609% Avg Stock +.6570% 1/05/09* 415.41 3/06/09** 266.01
* The starting date of the 20 Solar Stock Index (20SSI).
** The Concensus "new" bull market began on Monday, March 9, 2009.
NOTE: All above stocks have market capitalization of $100M+ except Akeena Solar, Amtel Systems
and Entech Solar. This listing is strictly informational and implies neither endorsement or disapproval
of any stock listed. Comments and suggestions are always welcome.

Source


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