Solar index up third straight week
The DJIA slipped almost 143 points (-1.4%) since last Friday although today's finish was stronger than expected at 10328.89. Tech stocks did well however, and the NASDAQ gained 21 points--nearly 1%--to end at 2211.69 with Intel, Microsoft and Hewlett-Packard helping lead the way. Best of all, the 20 Solar Stock Index gained 14.55 points, a 3.43% gain to end at 438.99.
Boeing took a major hit when Ryanair cancelled an order for 200 new 737-800 jets and the stock became the Dow's biggest loser for the week. Oracle and Research in Motion, maker of the Blackberry, reported better-than-expected earnings reports and were two more reasons why tech stocks purred since last Friday.
Amtech Systems was solar's biggest winner on news the company closed $10 million in sales orders and a larger order from one existing customer. JA Solar was another big gainer, reporting on better Q4 earnings than earlier guidance suggested. Thirteen in the 20SSI gained this week with the average stock up over 8.13% overall.
20 Solar Stocks Index Week of Dec 14-18, 2009
| Monday Open | Friday Close | Up/Down | % Change | Close 1/5/09* | Close 3/6/09** | |
| Dow Jones DJIA | 10471.50 | 10328.89 | -142.61 | -1.380% | 8952.89 | 6626.95 |
| NASDAQ | 2190.31 | 2211.69 | +21.38 | +.9761 | 1628.03 | 1293.85 |
| Akeena Solar AKNS | 1.38 | 1.24 | -.14 | -11.29 | 2.28 | .61 |
| Amtel Systems ASYS | 7.12 | 10.27 | +3.15 | +44.24 | 4.00 | 2.73 |
| Applied Materials AMAT | 13.38 | 13.62 | +.24 | +1.793 | 10.67 | 8.70 |
| Canadian Solar CSIQ | 22.51 | 26.78 | +4.27 | +18.97 | 7.00 | 3.0601 |
| ECD (UniSolar) ENER | 10.99 | 10.72 | -.27 | -2.518 | 29.33 | 17.45 |
| Entech Solar ENSL.OB | .08 | .14 | +.06 | +75 | .28 | .23 |
| Evergreen Solar ESLR | 1.55 | 1.52 | -.03 | -1.973 | 3.60 | 1.03 |
| First Solar FSLR | 133.10 | 135.67 | +2.57 | +1.930 | 157.80 | 108.49 |
| GT Solar Int. SOLR | 5.62 | 5.69 | +.07 | +.1245 | 4.00 | 4.02 |
| JA Solar JASO | 4.57 | 5.73 | +1.16 | +25.38 | 5.09 | 1.91 |
| Kyocera KYO | 88.32 | 87.00 | -1.32 | -9.563 | 71.87 | 54.21 |
| LDK Solar LDK | 8.56 | 6.85 | -1.71 | -24.96 | 14.84 | 4.40 |
| MEMC Elect. WFR | 12.55 | 12.51 | -.04 | -.3197 | 15.76 | 13.68 |
| Renesola SOL | 4.16 | 4.82 | +.66 | +15.86 | 5.15 | 2.1201 |
| Satcon SATC | 2.25 | 2.49 | +.24 | +10.66 | 1.60 | 1.23 |
| SolarFun SOLF | 6.84 | 7.09 | +.25 | +3.655 | 6.12 | 2.30 |
| SunPower SPWRA | 22.76 | 24.41 | +1.65 | +7.249 | 45.13 | 23.39 |
| SunTech STP | 16.97 | 16.98 | +.01 | +.0589 | 13.55 | 5.34 |
| Trina Solar TSL | 47.80 | 51.64 | +3.84 | +8.033 | 10.09 | 7.23 |
| Yingli YGE | 15.31 | 15.06 | -.25 | -1.660 | 7.25 | 3.888 |
| 20SSI Weekly Cumulative: | Previous 424.44 | Current 438.99 | Change +14.55/+3.43% | Avg Stock +8.13% | 1/05/09* 415.41 | 3/06/09** 266.01 |
** 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.
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