June 8-12: Dow, NASDAQ Squeak Up; Solar Beats 'Em

Akeena Solar, Evergreen and LDK biggest gainers

Although the DJIA gained only .04% for the week it logged the biggest 14-week gain since 1975. The NASDAQ index was up only .005% but is now 14% above its January 5 close and 44% higher than its woeful 1293.85 close on March 6. The 20 Solar Stock Index (20SSI) is up 12% and 75% respectively for the same dates.

Akeena Solar (AKNS) was over 27% up from last week in near-record trading. Akeena was given the 2009 Industry Innovator Award June 8 from Solar Energy Industries Assn. Akeena's Andalay AC system is the industry's first plug-and-play PV system for homeowners and small businesses.

Evergreen Solar (ESLR), up nearly 38% this week, makes a proprietary String Ribbon technology that grows thin strips of multi-crystalline silicon which are then cut into wafers. The method makes wafers cheaper producing higher margins. With crude oil prices climbing again, this advanced chip-making process bodes well for Evergreen.

LDK Solar (LDK), a major Chinese silicon wafer manufacturer, gained over 34% possibly on the increasing seriousness of the Chinese government in solar power. This, added to crude prices rising and lending/financing problems easing points to silicon wafer manufacturing as key to meeting the potential burgeoning demand.

Week of June8-12, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	8763.13	8799.26	+33.13	+.0412%	8952.89	6626.95
NASDAQ	1849.42	1858.80	+9.38	+.0507	1628.03	1293.85
Akeena Solar AKNS	1.24	1.58	+.34	+27.41	2.28	.61
Amtel Systems ASYS	5.07	5.71	+.64	+12.62	4.00	2.73
Applied Materials AMAT	10.98	11.23	+.25	+2.276	10.67	8.70
Canadian Solar CSIQ	15.70	14.62	-1.08	-7.37	7.00	3.0601
ECD (UniSolar) ENER	17.16	17.82	+.66	+3.846	29.33	17.45
Entech Solar ENSL.OB	.19	.2021	+.0121	+6.368	.28	.23
Evergreen Solar ESLR	1.90	2.62	+.72	+37.89	3.60	1.03
First Solar FSLR	182.10	183.80	+1.70	+.0093	157.80	108.49
GT Solar Int. SOLR	6.30	6.89	+.59	+9.360	4.00	4.02
JA Solar JASO	5.13	5.67	+.54	+10.52	5.09	1.91
Kyocera KYO	76.89	76.94	+.05	+.0065	71.87	54.21
LDK Solar LDK	9.31	12.50	+3.19	+34.26	14.84	4.40
MEMC Elect. WFR	19.79	20.16	+.37	+.0186	15.76	13.68
Renesola SOL	6.21	6.59	+.38	+6.119	5.15	2.1201
Satcon SATC	2.25	1.76	-.49	-27.84	1.60	1.23
SolarFun SOLF	8.14	7.72	-.42	-5.440	6.12	2.30
SunPower SPWRA	31.57	31.90	+.33	+.0104	45.13	23.39
SunTech STP	17.11	18.17	+1.06	+6.195	13.55	5.34
Trina Solar TSL	27.35	24.86	-2.49	-9.613	10.09	7.23
Yingli YGE	14.91	13.76	-1.15	-8.357	7.25	3.888
20SSI Weekly Cumulative:	Previous 459.30	Current 464.50	Change +5.2/+1.1%	Avg Stock +5.05%	1/05/09* 415.41	3/06/09** 266.01

* The starting date of the 20 Solar Stock Index (20SSI).
** NOTE: Concensus "new" bull market began on Monday, March 9, 2009.