20SSI up over 10% since Nov 27
For the second week straight the 20 Solar Stocks Index (20SSI) has out gained both the Dow Industrial Averages and the NASDAQ indexes. The 20SSI was up 10.45 points to finish at 424.44 while the Dow gained nearly 86 points finishing at 10471.5 and NASDAQ dropped 4 points to end today at 2190.31.
As results of the Copenhagen climate conference are made clearer, consensus shows the need to shift the energy paradigm from conventional, CO2-producing power sources to clean, renewable energy sources as the sun, wind and geothermal. Eleven in the 20SSI showed gains while another three remained unchanged from last Friday. Leaders were Akeena, Amtel Systems and SunTech.
Should this trend continue, solar will end 2009 higher than its Jan 5, 2009 close at 415.41.
MarketWatch reports that recent data from retailers and general consumer sentiment appear strong, uplifting hopes for a good holiday season for spending and bolstering retail profits. It appears most, if not all, major economic yardsticks are pointing toward recovery in the U.S.
20 Solar Stocks Index Week of Dec 7-11, 2009
| Monday Open | Friday Close | Up/Down | % Change | Close 1/5/09* | Close 3/6/09** | |
| Dow Jones DJIA | 10388.90 | 10471.50 | +82.6/TD> | -.7950% | 8952.89 | 6626.95 |
| NASDAQ | 2194.35 | 2190.31 | -4.04 | -.1844 | 1628.03 | 1293.85 |
| Akeena Solar AKNS | 1.00 | 1.38 | +.38 | +38 | 2.28 | .61 |
| Amtel Systems ASYS | 6.59 | 7.12 | +.53 | +8.042 | 4.00 | 2.73 |
| Applied Materials AMAT | 13.32 | 13.38 | +.06 | +.4504 | 10.67 | 8.70 |
| Canadian Solar CSIQ | 23.00 | 22.51 | -.49 | -2.176 | 7.00 | 3.0601 |
| ECD (UniSolar) ENER | 10.17 | 10.99 | +.82 | +8.063 | 29.33 | 17.45 |
| Entech Solar ENSL.OB | .08 | .08 | NC | NC | .28 | .23 |
| Evergreen Solar ESLR | 1.55 | 1.55 | NC | NC | 3.60 | 1.03 |
| First Solar FSLR | 129.62 | 133.10 | +3.48 | +2.684 | 157.80 | 108.49 |
| GT Solar Int. SOLR | 5.01 | 5.62 | +.61 | +12.17 | 4.00 | 4.02 |
| JA Solar JASO | 4.40 | 4.57 | +.17 | +3.863 | 5.09 | 1.91 |
| Kyocera KYO | 83.71 | 88.32 | -.39 | -5.507 | 71.87 | 54.21 |
| LDK Solar LDK | 8.99 | 8.56 | -.43 | -5.023 | 14.84 | 4.40 |
| MEMC Elect. WFR | 12.75 | 12.55 | -.20 | -1.354 | 15.76 | 13.68 |
| Renesola SOL | 4.10 | 4.16 | +.06 | +1.463 | 5.15 | 2.1201 |
| Satcon SATC | 2.26 | 2.25 | -.01 | -.4444 | 1.60 | 1.23 |
| SolarFun SOLF | 6.99 | 6.84 | -.15 | -2.192 | 6.12 | 2.30 |
| SunPower SPWRA | 22.31 | 22.76 | +.45 | +2.017 | 45.13 | 23.39 |
| SunTech STP | 15.39 | 16.97 | +1.58 | +10.26 | 13.55 | 5.34 |
| Trina Solar TSL | 47.44 | 47.80 | +.36 | +.7588 | 10.09 | 7.23 |
| Yingli YGE | 15.31 | 15.31 | NC | NC | 7.25 | 3.888 |
| 20SSI Weekly Cumulative: | Previous 413.99 | Current 424.44 | Change +10.45/+2.52% | Avg Stock +3.15% | 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 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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