Friday, September 25, 2009

Sept. 21-25: Stocks' Two-Week Surge Ends


The Dow, NASDAQ, 20SSI still up from August

MarketWatch reports that the nearly six-month surge in stocks is a concern the market might have overextended the current financial environment forcing some companies into the red. These include Caterpillar and American Express while Research in Motion lead tech companies into red ink.

The Dow lost 155 points for the week and NASDAQ nearly 42, a 1.6% and 2% slide respectively. The 20 Solar Stocks Index dropped 12.26 points, a 2.8% dip.

Numerous economic reports this week showed disappointing data for durable-goods order and new home sales were the main cause, says MarketWatch, for the market's slip.

All but one stock in the 20SSI were down although the index overall is well ahead of the August close. Either investors cashed out their short-term gains or feel edgy themselves about the overall rapidity of market gains since March. Paranoia strikes deep...

20 Solar Stocks Index Week of September 21-25, 2009
Monday Open Friday Close Up/Down % Change Close 1/5/09* Close 3/6/09**
Dow Jones DJIA 9820.20 9665.19 -155.01 -1.603% 8952.89 6626.95
NASDAQ 2132.86 2090.92 -41.94 -2.005 1628.03 1293.85






Akeena Solar AKNS 1.23 1.17 -.06 -5.128 2.28 .61
Amtel Systems ASYS 5.50 5.34 -.16 -2.996 4.00 2.73
Applied Materials AMAT 13.03 13.10 +.07 +.5372 10.67 8.70
Canadian Solar CSIQ 17.62 16.74 -.88 -5.256 7.00 3.0601
ECD (UniSolar) ENER 13.53 11.99 -1.54 -12.84 29.33 17.45
Entech Solar ENSL.OB .1800 .1770 -.0030 -1.695 .28 .23
Evergreen Solar ESLR 1.88 1.86 -.02 -1.075 3.60 1.03
First Solar FSLR 156.15 152.87 -3.28 -2.145 157.80 108.49
GT Solar Int. SOLR 5.86 5.69 -.17 -2.987 4.00 4.02
JA Solar JASO 4.60 4.04 -.54 -13.86 5.09 1.91
Kyocera KYO 89.37 92.46 -3.09 -3.457 71.87 54.21
LDK Solar LDK 9.39 8.83 -.56 -6.342 14.84 4.40
MEMC Elect. WFR 18.90 17.29 -1.61 -9.311 15.76 13.68
Renesola SOL 6.00 5.38 -.62 -11.52 5.15 2.1201
Satcon SATC 1.90 1.80 -.10 -5.555 1.60 1.23
SolarFun SOLF 6.43 5.80 -.63 -10.86 6.12 2.30
SunPower SPWRA 33.09 30.53 -2.56 -8.385 45.13 23.39
SunTech STP 16.96 15.75 -1.21 -7.682 13.55 5.34
Trina Solar TSL 31.45 31.45 NC NC 10.09 7.23
Yingli YGE 14.05 12.60 -1.45 -11.51 7.25 3.888
20SSI Weekly Cumulative: Previous 447.12 Current 434.86 Change -12.26/-2.8% Avg Stock -5.697% 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 capitization 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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