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.


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