Friday, April 30, 2010

April 26-30: Dow, NASDAQ Slide; Solar Up


Worst week since January for major indexes


On reports of a criminal probe into Goldman Sachs and disappointing tech results, major US stock indexes had their worst week since January.

The DJIA dropped nearly 196 points since last Friday to finish at 11008.61, a 1.8% slip. NASDAQ faired worse losing 69 points to end today at 2461.19, a 2.8% loss. While most issues in the 20 Solar Stock Index lost, the composite actually gained a meager 2 points to 412.92 for the week.

Nevertheless, April was a good month for stocks overall and the third consecutive month of gains on most indexes.

MarketWatch reports that MEMC Electronic Materials (WFR) had a first quarter loss as overhead costs more than doubled. The result is a 22% drop to 12.97 today. Solar leaders include First Solar, GT Solar and Renesola.

20 Solar Stocks Index Week of April 26-30, 2010

Monday Open Friday Close Up/Down % Change Close 1/5/09* Close 3/6/09**
Dow Jones DJIA 11204.28 11008.61 -195.67 -1.777% 8952.89 6626.95
NASDAQ 2530.15 2461.19 -68.96 -2.801 1628.03 1293.85






Akeena Solar AKNS 1.14 1.09 -.05 -4.587 2.28 .61
Amtel Systems ASYS 9.95 9.57 -.38 -3.970 4.00 2.73
Applied Materials AMAT 14.47 13.78 -.79 -5.007 10.67 8.70
Canadian Solar CSIQ 18.32 17.26 -1.06 -6.141 7.00 3.0601
ECD (UniSolar) ENER 7.53 7.11 -.42 -5.907 29.33 17.45
Entech Solar ENSL.OB .15 .13 -.02 -15.38 .28 .23
Evergreen Solar ESLR 1.20 1.12 -.08 -7.142 3.60 1.03
First Solar FSLR 133.87 143.98 +10.09 +7.552 157.80 108.49
GT Solar Int. SOLR 5.65 5.83 +.18 +3.185 4.00 4.02
JA Solar JASO 6.08 6.11 +.03 +1.326 5.09 1.91
Kyocera KYO 98.79 98.25 -.54 -.5496 71.87 54.21
LDK Solar LDK 8.00 7.78 -.22 -2.827 14.84 4.40
MEMC Elect. WFR 15.82 12.97 -2.85 -21.97 15.76 13.68
Renesola SOL 7.34 7.81 +.47 +6.403 5.15 2.1201
Satcon SATC 2.82 2.81 -.01 -.3558 1.60 1.23
SolarFun SOLF 8.74 8.66 -.08 -.9237 6.12 2.30
SunPower SPWRA 18.22 16.60 -1.62 -9.759 45.13 23.39
SunTech STP 14.08 13.56 -.52 -3.834 13.55 5.34
Trina Solar TSL 25.67 25.87 +.20 +.7791 10.09 7.23
Yingli YGE 13.11 12.63 -.48 -3.800 7.25 3.888
20SSI Weekly Cumulative: Previous 410.95 Current 412.92 Change +1.97/+.4793% Avg Stock -3.24% 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.


allvoices

Friday, April 23, 2010

April 19-23: Dow, NASDAQ Up; Solar Slips


Blue chips' streak best since 2004

Major indexes continued to climb this week. The Dow went up nearly 186 points from last Friday to finish at 11204.28, a 1.7% gain. NASDAQ chimed in with a 49 point surge to end at 2530.15, up 1.9%. The composite 20 Solar Stocks Index fell 4 points to 410.95, off 1.9%, but 13 gained.

Canadian Solar was the biggest loser finishing 3.77 points off from last Friday. The panel maker announced that it expects to incur a material net foreign exchange loss for the first quarter, estimated at $18 million to $20 million pre-tax, due to the significant depreciation of the Euro against the U.S. dollar during the quarter.

As reported by RTT News, CSI now expects PV module shipments in the first quarter of 2010 to be approximately 189 MW to 191 MW, with gross margins at 13% to 13.5%. This compares to prior expectations for shipments of approximately 180 MW to 190 MW and gross margin in the mid-teens.

20 Solar Stocks Index Week of April 19-23, 2010

Monday Open Friday Close Up/Down % Change Close 1/5/09* Close 3/6/09**
Dow Jones DJIA 11018.66 11204.28 +185.62 +.1.684% 8952.89 6626.95
NASDAQ 2481.26 2530.15 +48.89 +1.970 1628.03 1293.85






Akeena Solar AKNS 1.05 1.14 +.09 +8.571 2.28 .61
Amtel Systems ASYS 9.89 9.95 +.06 +.6066 4.00 2.73
Applied Materials AMAT 14.36 14.47 +.11 +.7660 10.67 8.70
Canadian Solar CSIQ 22.09 18.32 -3.77 -20.57 7.00 3.0601
ECD (UniSolar) ENER 7.23 7.53 +.30 +4.149 29.33 17.45
Entech Solar ENSL.OB .1350 15.00 +.0150 +15.38 .28 .23
Evergreen Solar ESLR 1.12 1.20 +.08 +7.142 3.60 1.03
First Solar FSLR 134.32 133.87 -.45 -.3361 157.80 108.49
GT Solar Int. SOLR 5.64 5.65 +.01 +.1773 4.00 4.02
JA Solar JASO 5.85 6.08 +.23 +3.931 5.09 1.91
Kyocera KYO 100.53 98.79 -1.74 -1.761 71.87 54.21
LDK Solar LDK 7.76 8.00 +.24 +3.092 14.84 4.40
MEMC Elect. WFR 16.25 15.82 -.42 -2.718 15.76 13.68
Renesola SOL 6.33 7.34 +1.01 +15.95 5.15 2.1201
Satcon SATC 2.79 2.82 +.03 +1.075 1.60 1.23
SolarFun SOLF 8.34 8.74 +.40 +4.796 6.12 2.30
SunPower SPWRA 18.29 18.22 -.07 +.6050 45.13 23.39
SunTech STP 14.43 14.08 -.35 -2.485 13.55 5.34
Trina Solar TSL 26.06 25.67 -.39 -1.519 10.09 7.23
Yingli YGE 12.86 13.11 +.25 +1.944 7.25 3.888
20SSI Weekly Cumulative: Previous 415.33 Current 410.95 Change -4.38/-1.07% Avg Stock +1.93% 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.


allvoices

Saturday, April 17, 2010

April 12-16: Dow, NASDAQ, Solar Still Climb

Dow at Pre-Crisis Level

Major indexes gained again this week bolstering the trend towards economic recovery. Gains were rather small but the upward trend for the Dow has continued now for six consecutive weeks. Solar is on the upswing, too, after a lackluster winter.


20 Solar Stocks Index Week of April 12-16, 2010

Monday Open Friday Close Up/Down % Change Close 1/5/09* Close 3/6/09**
Dow Jones DJIA 10997.35 11018.66 +24.31 +.1937% 8952.89 6626.95
NASDAQ 2454.05 2481.26 +27.21 +1.108 1628.03 1293.85






Akeena Solar AKNS 1.02 1.05 +.03 +2.941 2.28 .61
Amtel Systems ASYS 9.31 9.89 +.58 +6.229 4.00 2.73
Applied Materials AMAT 13.47 14.36 +.89 +6.607 10.67 8.70
Canadian Solar CSIQ 24.10 22.09 -2.01 -9.099 7.00 3.0601
ECD (UniSolar) ENER 7.29 7.23 -.06 -.8298 29.33 17.45
Entech Solar ENSL.OB .1500 .1350 -.0150 -15.38 .28 .23
Evergreen Solar ESLR 1.14 1.12 -.02 -1.785 3.60 1.03
First Solar FSLR 124.09 134.32 +10.23 +8.244 157.80 108.49
GT Solar Int. SOLR 5.39 5.64 +.25 +4.638 4.00 4.02
JA Solar JASO 6.03 5.85 -.18 -3.076 5.09 1.91
Kyocera KYO 100.65 100.53 -.12 -.1193 71.87 54.21
LDK Solar LDK 7.33 7.76 +.43 +5.866 14.84 4.40
MEMC Elect. WFR 15.96 16.25 +.29 +1.817 15.76 13.68
Renesola SOL 6.42 6.33 -.09 -1.421 5.15 2.1201
Satcon SATC 2.635 2.79 +.155 +5.882 1.60 1.23
SolarFun SOLF 8.47 8.34 -.13 -1.558 6.12 2.30
SunPower SPWRA 18.18 18.29 +.11 +.6050 45.13 23.39
SunTech STP 14.70 14.43 -.27 -1.871 13.55 5.34
Trina Solar TSL 24.75 26.06 +.31 +5.292 10.09 7.23
Yingli YGE 12.60 12.86 +.26 +2.063 7.25 3.888
20SSI Weekly Cumulative: Previous 403.69 Current 415.33 Change +511.64/+2.883% Avg Stock +1.66% 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.

allvoices

Friday, April 9, 2010

April 5-9: Dow, NASDAQ, Solar Gain


Best finishes since '08 crisis

The Dow Jones Industrial Average hit 11000.98 today before settling to a 10997.35 finish, still the highest in 18 months. NASDAQ gained over 51 points to end the week at 2454.05, a 2% gain. The 20SSI composite crept up five points to 403.69, a 1.2% gain since last Friday.

Energy stocks lead the Dow as Chevron and Exxon Mobil gained 2.4 and 2.3% respectively. As markets continue positive it appears investors are less fearful of the economy and Greece's major debut liability.

Solar's biggest winners wer LDK Solar, Satcon and Solarfun. Thirteen of the 20SSI stocks gained for the week which was the third consecutive positive week for the index.


Monday Open Friday Close Up/Down % Change Close 1/5/09* Close 3/6/09**
Dow Jones DJIA 10927.07 10997.35 +70.28 +.6431% 8952.89 6626.95
NASDAQ 2402.58 2454.05 +51.47 +2.142 1628.03 1293.85






Akeena Solar AKNS 1.06 1.02 -.04 -3.921 2.28 .61
Amtel Systems ASYS 9.79 9.31 _.48 -5.155 4.00 2.73
Applied Materials AMAT 13.35 13.47 +.12 +.8988 10.67 8.70
Canadian Solar CSIQ 24.06 24.10 +.04 +.1663 7.00 3.0601
ECD (UniSolar) ENER 7.68 7.29 -.39 -5.349 29.33 17.45
Entech Solar ENSL.OB .1530 .1500 -.003 -2.000 .28 .23
Evergreen Solar ESLR 1.13 1.14 +.01 +.8849 3.60 1.03
First Solar FSLR 121.30 124.09 +2.79 +2.300 157.80 108.49
GT Solar Int. SOLR 5.21 5.39 +.18 +3.454 4.00 4.02
JA Solar JASO 5.62 6.03 +.41 +7.295 5.09 1.91
Kyocera KYO 100.88 100.65 -.23 -2.285 71.87 54.21
LDK Solar LDK 6.55 7.33 +.78 +11.90 14.84 4.40
MEMC Elect. WFR 15.19 15.96 +.77 +5.069 15.76 13.68
Renesola SOL 6.11 6.42 +.31 +5.073 5.15 2.1201
Satcon SATC 2.40 2.635 +.235 +9.791 1.60 1.23
SolarFun SOLF 7.73 8.47 +.74 +9.573 6.12 2.30
SunPower SPWRA 19.01 18.18 -.83 -4.565 45.13 23.39
SunTech STP 14.20 14.70 +.50 +3.521 13.55 5.34
Trina Solar TSL 24.47 24.75 +.28 +1.144 10.09 7.23
Yingli YGE 12.76 12.60 -.16 -1.269 7.25 3.888
20SSI Weekly Cumulative: Previous 398.65 Current 403.69 Change +5.04/+1.264% Avg Stock +1.9% 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.



allvoices

Friday, April 2, 2010

March 29-April 1: Dow nears 11000; Solar Gaining


Short trading week good all around

After climbing as high to 10956.30, the DJIA ended trading yesterday at 10927.07, up 70.44 since Friday--a .7% gain. The NASDAQ made a miniscule gain of 7.45 points for the week to end at 2402.58, up .3%. The 20 Solar Stocks Index gained 14.06 to finish at 398.65, a 3.65% hop since Friday. All major markets were closed today for Good Friday.

According to MarketWatch, investors were cheered by a drop in jobless claims and an optimistic national manufacturing survey by the Institute of Supply Management. One key analyst with Morgan Stanley Smith Barney said the export side of manufacturing is the strongest since the '80s.

Solar winners were Canadian Solar, SolarFun, and Renesola which also saw remarkable gains last week. The average solar stock in the 20SSI gained just over 2%.

(Stocks are monitored with the use of MarketBrowser, a great trading tool available to anyone at www.MarketBrowser.com.)

20 Solar Stocks Index Week of March 29-April 1, 2010

Monday Open Friday Close Up/Down % Change Close 1/5/09* Close 3/6/09**
Dow Jones DJIA 10850.36 10927.07 +76.71 +.7069% 8952.89 6626.95
NASDAQ 2395.13 2402.58 +7.45 +.3110 1628.03 1293.85






Akeena Solar AKNS 1.04 1.06 +.02 +1.923 2.28 .61
Amtel Systems ASYS 9.80 9.79 _.01 -.1021 4.00 2.73
Applied Materials AMAT 13.21 13.35 +.14 +1.059 10.67 8.70
Canadian Solar CSIQ 22.03 24.06 +2.03 +9.214 7.00 3.0601
ECD (UniSolar) ENER 7.24 7.68 +.44 +6.077 29.33 17.45
Entech Solar ENSL.OB .1550 .1530 -1.307 -9.032 .28 .23
Evergreen Solar ESLR 1.21 1.13 -.08 -7.079 3.60 1.03
First Solar FSLR 116.50 121.30 +4.80 +4.120 157.80 108.49
GT Solar Int. SOLR 5.37 5.21 -.16 -3.071 4.00 4.02
JA Solar JASO 5.01 5.62 +.62 +12.17 5.09 1.91
Kyocera KYO 98.00 100.88 +2.88 +2.938 71.87 54.21
LDK Solar LDK 7.01 6.55 -.46 -7.023 14.84 4.40
MEMC Elect. WFR 14.68 15.19 +.51 +3.474 15.76 13.68
Renesola SOL 5.61 6.11/TD> +.50 +8.912 5.15 2.1201
Satcon SATC 2.36 2.40 +.04 +1.694 1.60 1.23
SolarFun SOLF 6.96 7.73 +.77 +9.952 6.12 2.30
SunPower SPWRA 18.22 19.01 +.79 +4.335 45.13 23.39
SunTech STP 14.13 14.20 +.07 +.4953 13.55 5.34
Trina Solar TSL 23.50 24.47 +.97 +4.127 10.09 7.23
Yingli YGE 12.55 12.76 +.21 +1.673 7.25 3.888
20SSI Weekly Cumulative: Previous 384.59 Current 398.65 Change +14.06/+3.65% Avg Stock +2.29% 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.



allvoices
 

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