Jan 4-8: Dow, NASDAQ A-OK; Solar up 7.55%

Good start despite jobs report...

The Dow Jones Industrial Average jumped 190 points during the first week of 2010 to end at 10618.19, a 1.823% gain. The NASDAQ also closed up by 48 points to finish today at 2317.17, a 2.116% surge. The 20 Solar Stocks Index (20SSI) however, topped both with a nearly 34 point jump to end the year's first week at 482.01, a 7.55% leap.

A late rally today boosted major stock indexes despite a disappointing jobs report of 85,000 payroll cuts last month which was more than expected. MarketWatch reports the unemployment rate remains at 10%, a squeak better than the 10.1% expected. Actually throughout the recent economic slowdown, stock investors have often shrugged off poor jobs news. Oddly, the S&P 500 has averaged a .3% gain on days the Labor Department jobs reports were short of expectations and actually fell .1% on days DOL beat expectations, according to data from Shaeffer's Investor Research reported in MarketWatch.

All but one stock in the 20SSI gained this week. Chinese solar companies or those with Chinese-made panels or related equipment, tended to do better. China's commitment of have 15% of its electricity coming from renewable sources by 2020 is already spurring more solar industry interest. Some say panel prices have or are near to bottoming out and could likely go up again as spring nears.

Solar's biggest winners this week were Canadian Solar, Energy Conversion Devices, Evergreen and SolarFun. Average solar stock increase in the 20SSI was over 11% for the week.

20 Solar Stocks Index Week of Jan 4-8, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10428.05	10618.19	+190.14	+1.823%	8952.89	6626.95
NASDAQ	2269.15	2317.17	+48.02	+2.116	1628.03	1293.85
Akeena Solar AKNS	1.24	1.36	+.12	+9.677	2.28	.61
Amtel Systems ASYS	11.07	11.11	+.04	+.3613	4.00	2.73
Applied Materials AMAT	13.94	14.55	+.61	+4.376	10.67	8.70
Canadian Solar CSIQ	28.82	32.68	+3.86	+13.39	7.00	3.0601
ECD (UniSolar) ENER	10.57	12.55	+1.98	+18.73	29.33	17.45
Entech Solar ENSL.OB	.10	.11	+.01	+10.00	.28	.23
Evergreen Solar ESLR	1.51	1.79	+.28	+18.54	3.60	1.03
First Solar FSLR	135.40	139.68	+4.28	+3.161	157.80	108.49
GT Solar Int. SOLR	5.56	5.95	+.39	+7.014	4.00	4.02
JA Solar JASO	5.70	6.62	+.92	+16.14	5.09	1.91
Kyocera KYO	88.31	91.55	+3.24	+3.668	71.87	54.21
LDK Solar LDK	7.01	7.96	+.95	+13.55	14.84	4.40
MEMC Elect. WFR	13.62	15.02	+1.40	+10.27	15.76	13.68
Renesola SOL	4.76	5.76	+1.00	+21.00	5.15	2.1201
Satcon SATC	2.82	2.75	-.07	-2.545	1.60	1.23
SolarFun SOLF	7.63	10.08	+2.45	+32.11	6.12	2.30
SunPower SPWRA	23.68	25.28	+1.60	+6.756	45.13	23.39
SunTech STP	16.63	18.03	+1.40	+8.418	13.55	5.34
Trina Solar TSL	53.97	61.08	-+7.11	+13.17	10.09	7.23
Yingli YGE	15.81	18.10	+2.29	+14.48	7.25	3.888
20SSI Weekly Cumulative:	Previous 448.15	Current 482.01	Change +33.86/+7.55%	Avg Stock +11.11%	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 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.