Only four solar winners
The Dow had a bumpy April but still was able to finish 490 points ahead since March to end at 12810.54, nearly a 4% gain. The NASDAQ also had a good month gaining 92 points to 2873.54, a 3.3% rise. Issues in the 20 Solar Stocks Index fared poorly however as 15 stocks lost value and the index closed today at 440.42, over an 8% drop.
Spring is usually good to solar as contracts pick up after winter. Also, the BP Gulf disaster of a year ago; damaging strip mining in Appalachia; and the continuing nuclear crisis in Japan would make one think a serious turn to renewables would be natural. But there's nothing natural or logical to our growing energy problems when Big Oil, King Coal and nuclear lobbies command the attention and control of a duplicitous Congress. Solar, wind and geothermal are all ready to take their places in the nation's energy industry but stalwart corporate interests continue to stymie any political or moral will to change.
As the wicked talons of greed become more and more conspicuous (including banking, HMOs, NFL, tax breaks for the elite) it seems they keep attaining more instead of being held in check. And the middle class (sans Teabaggers) gets less political access, higher gas and food prices, outrageous credit card interest and fees and paychecks that seem to shrink month by month.
20 Solar Stocks Index as of 4/29/11
| Close 3/31/11 | Close 4/29/11 | Up/Down | % Change | Close 1/5/09* | Close 3/6/09** | |
| Dow Jones DJIA | 12319.73 | 12810.54 | +490.27 | +3.983% | 8952.89 | 6626.95 |
| NASDAQ | 2781.07 | 2873.54 | +92.47 | +3.324 | 1628.03 | 1293.85 |
| Amtel Systems ASYS | 24.24 | 22.68 | -1.56 | 16.878 | 4.00 | 2.73 |
| Applied Materials AMAT | 15.62 | 15.69 | +.07 | +.4481 | 10.67 | 8.70 |
| Canadian Solar CSIQ | 11.28 | 10.80 | -.48 | -4.444 | 7.00 | 3.0601 |
| ECD (UniSolar) ENER | 2.26 | 2.00 | -.26 | -13.00 | 29.33 | 17.45 |
| Entech Solar ENSL.OB | .05 | .0433 | -.0067 | -15.47 | .28 | .23 |
| Evergreen Solar ESLR | .599 | 1.35 | +.751 | +25.37 | 3.60 | 1.03 |
| First Solar FSLR | 160.84 | 139.57 | -21.27 | -15.23 | 157.80 | 108.49 |
| GT Solar Int. SOLR | 10.67 | 11.17 | +.50 | +4.686 | 4.00 | 4.02 |
| Hanwha SolarOne HSOL f/k/a Solarfun | 7.58 | 6.83 | -.75 | -10.98 | 6.12 | 2.30 |
JA Solar JASO | 7.01 | 6.85 | -.16 | -2.335 | 5.09 | 1.91 |
| Kyocera KYO | 100.91 | 109.91 | +9.00 | +8.918 | 71.87 | 54.21 |
| LDK Solar LDK | 12.24 | 11.51 | -.73 | -6.342 | 14.84 | 4.40 |
| MEMC Elect. WFR | 12.96 | 11.83 | -1.13 | -9.551 | 15.76 | 13.68 |
| Renesola SOL | 10.55 | 9.18 | -1.37 | -14.92 | 5.15 | 2.1201 |
| Satcon SATC | 3.86 | 3.21 | -.65 | -20.24 | 1.60 | 1.23 |
| SunPower SPWRA | 17.14 | 21.69 | +4.55 | +26.54 | 45.13 | 23.39 |
| SunTech STP | 9.86 | 8.97 | -.89 | -9.921 | 13.55 | 5.34 |
| Trina Solar TSL | 30.09 | 28.47 | -1.62 | -5.690 | 10.09 | 7.23 |
| Westinghouse Solar (Akeena) WEST | .475 | .455 | -.020 | -4.395 | 2.28 | .61 |
| Yingli YGE | 12.89 | 12.53 | -.36 | -2.873 | 7.25 | 3.888 |
| 20SSI Weekly Cumulative: | Previous 477.42 | Current 440.42 | Change -37/8.401% | 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 Westinghouse Solar (formerly Akeena), Amtel Systems
and Entech Solar. This listing is strictly informational and implies neither endorsement or disapproval of any stock listed. Comments are always welcome.
Posts
