Saturday, March 20, 2010

March 15-19: Dow, NASDAQ Up; Solar Slips


March continues strong so far

The Dow and NASDAQ gained more momentum this week. Gaining 117 points, the DJIA closed Friday at 10741.98. Since February 26 the Dow has gained 417 points, a 4% rise. The NASDAQ rose 7 points to finish at 2374.41. However, stocks in the 20SSI composite slipped 13 points to finish at 371.55, nearly a 4% dip from last week.

The slip by solar is odd as inventories of panels are beginning to be grabbed up by Germany and many large-scale projects finally getting underway in the U.S. Maybe investors know more than this writer knows. Time will tell.

20 Solar Stocks Index Week of March 15-19, 2010

Monday Open Friday Close Up/Down % Change Close 1/5/09* Close 3/6/09**
Dow Jones DJIA 10624.69 10741.98 +117.29 +1.103% 8952.89 6626.95
NASDAQ 2367.66 2374.41 +6.750 +.2850 1628.03 1293.85






Akeena Solar AKNS 1.07 1.04 -.03 -2.884 2.28 .61
Amtel Systems ASYS 8.59 9.22 +.63 +7.334 4.00 2.73
Applied Materials AMAT 12.36 12.49 +.13 +1.051 10.67 8.70
Canadian Solar CSIQ 22.99 22.00 -.99 -4.500 7.00 3.0601
ECD (UniSolar) ENER 8.26 7.75 -.51 -6.580 29.33 17.45
Entech Solar ENSL.OB .17 .1690 -.0010 -.5971 .28 .23
Evergreen Solar ESLR 1.24 1.18 -.06 -5.084 3.60 1.03
First Solar FSLR 115.53 113.30 -2.23 -1.968 157.80 108.49
GT Solar Int. SOLR 5.31 5.06 -.25 -4.940 4.00 4.02
JA Solar JASO 4.97 4.53 -.44 -9.713 5.09 1.91
Kyocera KYO 96.20 94.45 -.75 -1.852 71.87 54.21
LDK Solar LDK 7.18 6.60 -.58 -8.787 14.84 4.40
MEMC Elect. WFR 14.19 14.20 +.01 +.0704 15.76 13.68
Renesola SOL 5.17 4.86 -.31 -6.378 5.15 2.1201
Satcon SATC 2.41 2.32 -.09 -3.879 1.60 1.23
SolarFun SOLF 6.86 6.33 -.53 -8.372 6.12 2.30
SunPower SPWRA 21.40 18.93 -2.47 -13.04 45.13 23.39
SunTech STP 14.26 14.24 -.02 -.1404 13.55 5.34
Trina Solar TSL 24.48 21.30 -3.18 -14.93 10.09 7.23
Yingli YGE 12.37 11.88 -.49 -4.124 7.25 3.888
20SSI Weekly Cumulative: Previous 385.01 Current 371.55 Change -13.46/-3.6% Avg Stock -4.46% 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.


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