May 24-28: NASDAQ Up; Dow, Solar Slip

Major indexes lose 8% this month

A downgrade of Spain's debt ends the worst month for stocks in 15 months. Since last Friday the Dow slipped 57 points to 10136.55, a .56% loss, but much less hemorrhaging than a week ago. The NASDAQ composite actually gained 28 points to end at 2257.04, a 1.25% hop. The 20 Solar Stocks Index fell just 2 points to end at 335.54.

Some have called May's drop as the beginning of a bear market and more is to come. However, the Dow is still hovering at the milestone 10,000 which is 35% above its level in February 2009. Banks in California and Nevada failed this week to bring the 2010 national tally to 78.

Nine of the 20SSI stocks gained and two showed no net change for the week. Biggest winners were SunPower, Solarfun and Renesola.

20 Solar Stocks Index Week of May 24-28, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10193.39	10136.55	-56.84	-.5607%	8952.89	6626.95
NASDAQ	2229.04	2257.04	+28	+1.256	1628.03	1293.85
Akeena Solar AKNS	.9299	.835	-.0949	-11.36	2.28	.61
Amtel Systems ASYS	9.07	9.47	+.40	+4.410	4.00	2.73
Applied Materials AMAT	12.72	12.92	+.20	+1.572	10.67	8.70
Canadian Solar CSIQ	12.95	12.95	NC	0	7.00	3.0601
ECD (UniSolar) ENER	5.54	5.555	+.015	+.2707	29.33	17.45
Entech Solar ENSL.OB	.15	.1450	-.05	-3.448	.28	.23
Evergreen Solar ESLR	.967	.95	-.017	-1.789	3.60	1.03
First Solar FSLR	113.95	112.36	-1.59	-1.415	157.80	108.49
GT Solar Int. SOLR	5.59	5.46	-.13	-2.380	4.00	4.02
JA Solar JASO	5.04	4.87	-.17	-3.490	5.09	1.91
Kyocera KYO	90.00	86.79	-3.21	-3.698	71.87	54.21
LDK Solar LDK	5.74	6.07	+.33	+1.057	14.84	4.40
MEMC Elect. WFR	11.01	11.38	+.37	+3.360	15.76	13.68
Renesola SOL	5.73	6.17	+.44	+7.678	5.15	2.1201
Satcon SATC	2.38	2.46	+.12	+3.361	1.60	1.23
SolarFun SOLF	6.70	7.46	+.76	+11.34	6.12	2.30
SunPower SPWRA	11.22	13.23	+2.01	+17.91	45.13	23.39
SunTech STP	10.10	10.10	NC	0	13.55	5.34
Trina Solar TSL	18.20	17.50	-.70	-4.00	10.09	7.23
Yingli YGE	9.57	9.16	-.41	-4.475	7.25	3.888
20SSI Weekly Cumulative:	Previous 337.56	Current 335.54	Change -2.02/-.6%	Avg Stock +.745%	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 are always welcome.

May 17-21: Dow, NASDAQ, Solar Slip More

Maybe "flash crash" wasn't an anomaly

When the market tumbled precipitously about two weeks ago, some thought a computer glitch was part of the blame. On May 6 the Dow dropped to 9870--nearly a thousand points. But today the Dow finished at 10193, just above that earlier low so blaming outlying factors is questionable. Maybe the "flash crash" did a fair job of pricing the market, after all.

The Dow was off 427 points from last Friday. The NASDAQ composite fell 118 points to 2229 for the week. The 20SSI lost nearly 21 points to end today at 337.56. All but one stock, GT Solar, slipped to lows not seen in about a year. Unease with the European financial situation continues to rock stocks.

20 Solar Stocks Index Week of May 17-21, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10620.16	10193.39	-426.77	-4.186%	8952.89	6626.95
NASDAQ	2346.85	2229.04	-117.81	-5.285	1628.03	1293.85
Akeena Solar AKNS	.9792	.9299	-.0493	-5.301	2.28	.61
Amtel Systems ASYS	9.49	9.07	-.42	-4.630	4.00	2.73
Applied Materials AMAT	12.95	12.72	-.23	-1.808	10.67	8.70
Canadian Solar CSIQ	14.25	12.95	-1.30	-10.03	7.00	3.0601
ECD (UniSolar) ENER	6.38	5.54	-.74	-15.16	29.33	17.45
Entech Solar ENSL.OB	.1799	.15	-.0299	-19.93	.28	.23
Evergreen Solar ESLR	1.01	.967	-.34	-4.446	3.60	1.03
First Solar FSLR	120.31	113.95	-6.36	-5.581	157.80	108.49
GT Solar Int. SOLR	5.44	5.59	+.15	+2.757	4.00	4.02
JA Solar JASO	6.09	5.04	-1.05	-20.83	5.09	1.91
Kyocera KYO	93.24	90.00	-3.24	-3.6	71.87	54.21
LDK Solar LDK	6.08	5.74	-.34	-5.923	14.84	4.40
MEMC Elect. WFR	11.79	11.01	-.78	-7.084	15.76	13.68
Renesola SOL	6.48	5.73	-.75	-13.09	5.15	2.1201
Satcon SATC	2.69	2.38	-.31	-13.02	1.60	1.23
SolarFun SOLF	7.10	6.70	-.40	-5.970	6.12	2.30
SunPower SPWRA	13.05	11.22	-1.83	-16.31	45.13	23.39
SunTech STP	10.57	10.10	-.47	-4.653	13.55	5.34
Trina Solar TSL	20.10	18.20	-1.90	-10.44	10.09	7.23
Yingli YGE	10.01	9.57	-.44	-4.597	7.25	3.888
20SSI Weekly Cumulative:	Previous 358.19	Current 337.56	Change -20.63/-6.1%	Avg Stock -8.487%	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 are always welcome.

May 10-14: Dow, NASDAQ Up; Solar Slips by Sliver

General bounce back from last week

All major indexes made significant gains earlier this week but cut back by Friday. The Dow went over 10800 at midweek on enthusiasm for the large European bailout package then scaled back yesterday and today on renewed worries about Europe's finances.

The DJIA gained 241 points from last Friday to finish today at10620.16, a 2.3% boost. The NASDAQ composite climbed 81 points to end at 2346.85, nearly a 3.6% rise for the week. Although 13 companies gained in the 20 Solar Stocks Index, the index lost less than a point to finish at 358.19.

Now that Germany's very generous solar feed in tariff is being officially cut back this summer, many of the larger panel makers see their stocks in flux. The California Solar Initiative, once the flagship of all U.S. solar incentive programs, is seeing success as a double sword. As residential and commercial PV system installations exploded last year, rebates have triggered down significantly. Despite continuing low panel prices, rebates for PG&E, SCE and SDG&E customers don't amount to much so sales are slowing.

Solar winners for the week include Entech Solar, Akeena Solar, ECD and Suntech. Losers included First Solar, LDK Solar and SunPower.

20 Solar Stocks Index Week of May 10-14, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10379.60	10620.16	+240.56	+2.317%	8952.89	6626.95
NASDAQ	2265.64	2346.85	+81.21	+3.584	1628.03	1293.85
Akeena Solar AKNS	.97	.9792	+.0092	+.9484	2.28	.61
Amtel Systems ASYS	8.60	9.49	+.89	+10.34	4.00	2.73
Applied Materials AMAT	12.50	12.95	+.45	+3.600	10.67	8.70
Canadian Solar CSIQ	14.11	14.25	+.14	+.9922	7.00	3.0601
ECD (UniSolar) ENER	5.88	6.38	+.50	+8.503	29.33	17.45
Entech Solar ENSL.OB	.12	.1799	+.0599	+49.92	.28	.23
Evergreen Solar ESLR	1.00	1.01	+.01	+1.000	3.60	1.03
First Solar FSLR	122.55	120.31	-1.24	-1.861	157.80	108.49
GT Solar Int. SOLR	5.01	5.44	+.43	+8.582	4.00	4.02
JA Solar JASO	5.95	6.09	+.14	+2.352	5.09	1.91
Kyocera KYO	93.67	93.24	-.33	-.4611	71.87	54.21
LDK Solar LDK	6.18	6.08	-.10	-1.644	14.84	4.40
MEMC Elect. WFR	11.54	11.79	+.25	+2.166	15.76	13.68
Renesola SOL	6.61	6.48	-.13	-2.006	5.15	2.1201
Satcon SATC	2.42	2.69	+.27	+11.15	1.60	1.23
SolarFun SOLF	7.11	7.10	-.01	-.1408	6.12	2.30
SunPower SPWRA	14.35	13.05	-1.30	-9.961	45.13	23.39
SunTech STP	10.49	10.57	+.08	+.7626	13.55	5.34
Trina Solar TSL	19.93	20.10	+.17	+.8529	10.09	7.23
Yingli YGE	10.01	10.01	NC	0	7.25	3.888
20SSI Weekly Cumulative:	Previous 359	Current 358.19	Change -.81/-.2261%	Avg Stock +4.27%	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 are always welcome.

May 3-7: Dow, NASDAQ, Solar Crash

Three events converge to create crunch

Wall Street saw 2008-like slides the past week on further bad news from Greece. Demonstrations and a continuing shaky financial situation in that country bodes bad for the world's economy as other countries in Europe on nearly-as-shaky ground may see to follow suit into default. The week's slide was further exacerbated by the Gulf oil spill and an apparent glitch/mistake in trading programming in New York.

The Dow dropped 629 points for the week to 10379.60, a 6% tumble. The NASDAQ composite lost nearly 196 points to end Friday at 2265.64, an 8.6% drop. All listed in the 20 Solar Stocks Index dropped and the composite fall was 54 points to 359 even, a 15% decline. Wall Street hopes for a rapid rebound as a feeding frenzy by bargain hunters could lead the way on Monday. Bad news has a way of evening out...

20 Solar Stocks Index Week of May 3-7, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	11008.61	10379.60	-629.01	-6.060%	8952.89	6626.95
NASDAQ	2461.19	2265.64	-195.55	-8.631	1628.03	1293.85
Akeena Solar AKNS	1.09	.97	-.12	-12.37	2.28	.61
Amtel Systems ASYS	9.57	8.60	-.97	-11.28	4.00	2.73
Applied Materials AMAT	13.78	12.50	-1.28	-10.24	10.67	8.70
Canadian Solar CSIQ	17.26	14.11	-3.15	-22.32	7.00	3.0601
ECD (UniSolar) ENER	7.11	5.88	-1.23	-20.91	29.33	17.45
Entech Solar ENSL.OB	.13	.12	-.01	-8.333	.28	.23
Evergreen Solar ESLR	1.12	1.00	-.12	-12.00	3.60	1.03
First Solar FSLR	143.98	122.55	-21.43	-17.48	157.80	108.49
GT Solar Int. SOLR	5.83	5.01	-.82	-16.36	4.00	4.02
JA Solar JASO	6.11	5.95	-.16	-2.689	5.09	1.91
Kyocera KYO	98.25	93.67	-4.58	-4.889	71.87	54.21
LDK Solar LDK	7.78	6.18	-1.60	-25.88	14.84	4.40
MEMC Elect. WFR	12.97	11.54	-1.43	-12.39	15.76	13.68
Renesola SOL	7.81	6.61	-1.22	-18.15	5.15	2.1201
Satcon SATC	2.81	2.42	-.39	-16.11	1.60	1.23
SolarFun SOLF	8.66	7.11	-.1.55	-21.80	6.12	2.30
SunPower SPWRA	16.60	14.35	-2.25	-15.68	45.13	23.39
SunTech STP	13.56	10.49	-3.07	-29.26	13.55	5.34
Trina Solar TSL	25.87	19.93	-5.94	-29.84	10.09	7.23
Yingli YGE	12.63	10.01	-2.62	-26.17	7.25	3.888
20SSI Weekly Cumulative:	Previous 412.92	Current 359	Change -53.92/-15.02%	Avg Stock -16.71%	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.