Friday, February 13, 2009

Solar Stock Update: Close to Dow


Stimulus ambivalence...


The Dow dropped 430.46 points since the end of trading Monday, 5.2% down. The techy NASDAQ was less drab with a 62.2 point drop; 3.6% off since Monday. All but four solar stocks dropped this week averaging 5.41% down for all twenty in this index.


It seems the country is ambivalent about the economic stimulus as it's been hammered, chewed and emasculated by the Republicans who appear as though they won last November. Obama's bipartisan reach has been a failure but not from lack of effort. The Dems finally must realize the GOP sees bipartisanship as compromise and compromise implies weakness, a perception they used ruthlessly when they actually did control Congress awhile back. If Repubs feel they were left out of the stimulus planning--as they questionably claim--their tactics could totally backfire. The Dems might re-realize it was they who won big last November and rightfully assert themselves. But then, probably not.

Week of: February 9-13, 2009


Monday Friday Up/Down % Change
Dow Jones DJIA 8280.87 7850.41 -430.46 -5.20
NASDAQ 1591.56 1534.36 -62.20 -3.60





Akeena Solar AKNS 1.82 1.81 -.01 -.55
Amtel Systems ASYS 4.199 3.38 -.819 -20.51
Applied Materials AMAT 10.20 9.51 -.69 -6.77
Canadian Solar CSIQ 5.58 5.00 -.58 -10.40
ECD (UniSolar) ENER 28.16 28.95 +.79 +2.80
Entech Solar ENSL.OB .33 .35 +.02 +6.06
Evergreen Solar ESLR 1.77 1.66 -.11 -6.22
First Solar FSLR 148.94 144.45 -4.49 -3.02
GT Solar Int. SOLR 5.50 5.13 -.37 -6.73
JA Solar JASO 2.99 2.66 -.33 -11.04
Kyocera KYO 68.40 64.00 -4.40 -6.44
LDK Solar LDK 11.15 10.65 -.50 -4.49
MEMC Elect. WFR 15.65 16.11 +.46 +2.93
Renesola SOL 4.00 3.58 -.42 -10.50
Satcon SATC 1.32 1.28 -.04 -3.04
SolarFun SOLF 5.07 4.53 -.54 -10.66
SunPower SPWRA 35.94 35.00 -.94 -2.62
SunTech STP 10.14 9.46 -.68 -6.71
Trina Solar TSL 8.35 8.54 +.19 +2.27
Yingli YGE 5.98 5.76 -.22 -3.68
Percent change all 20 stocks this week:


-5.41%


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