March continues strong so far
The Dow and NASDAQ gained more momentum this week. Gaining 117 points, the DJIA closed Friday at 10741.98. Since February 26 the Dow has gained 417 points, a 4% rise. The NASDAQ rose 7 points to finish at 2374.41. However, stocks in the 20SSI composite slipped 13 points to finish at 371.55, nearly a 4% dip from last week.
The slip by solar is odd as inventories of panels are beginning to be grabbed up by Germany and many large-scale projects finally getting underway in the U.S. Maybe investors know more than this writer knows. Time will tell.
20 Solar Stocks Index Week of March 15-19, 2010
| Monday Open | Friday Close | Up/Down | % Change | Close 1/5/09* | Close 3/6/09** | |
| Dow Jones DJIA | 10624.69 | 10741.98 | +117.29 | +1.103% | 8952.89 | 6626.95 |
| NASDAQ | 2367.66 | 2374.41 | +6.750 | +.2850 | 1628.03 | 1293.85 |
| Akeena Solar AKNS | 1.07 | 1.04 | -.03 | -2.884 | 2.28 | .61 |
| Amtel Systems ASYS | 8.59 | 9.22 | +.63 | +7.334 | 4.00 | 2.73 |
| Applied Materials AMAT | 12.36 | 12.49 | +.13 | +1.051 | 10.67 | 8.70 |
| Canadian Solar CSIQ | 22.99 | 22.00 | -.99 | -4.500 | 7.00 | 3.0601 |
| ECD (UniSolar) ENER | 8.26 | 7.75 | -.51 | -6.580 | 29.33 | 17.45 |
| Entech Solar ENSL.OB | .17 | .1690 | -.0010 | -.5971 | .28 | .23 |
| Evergreen Solar ESLR | 1.24 | 1.18 | -.06 | -5.084 | 3.60 | 1.03 |
| First Solar FSLR | 115.53 | 113.30 | -2.23 | -1.968 | 157.80 | 108.49 |
| GT Solar Int. SOLR | 5.31 | 5.06 | -.25 | -4.940 | 4.00 | 4.02 |
| JA Solar JASO | 4.97 | 4.53 | -.44 | -9.713 | 5.09 | 1.91 |
| Kyocera KYO | 96.20 | 94.45 | -.75 | -1.852 | 71.87 | 54.21 |
| LDK Solar LDK | 7.18 | 6.60 | -.58 | -8.787 | 14.84 | 4.40 |
| MEMC Elect. WFR | 14.19 | 14.20 | +.01 | +.0704 | 15.76 | 13.68 |
| Renesola SOL | 5.17 | 4.86 | -.31 | -6.378 | 5.15 | 2.1201 |
| Satcon SATC | 2.41 | 2.32 | -.09 | -3.879 | 1.60 | 1.23 |
| SolarFun SOLF | 6.86 | 6.33 | -.53 | -8.372 | 6.12 | 2.30 |
| SunPower SPWRA | 21.40 | 18.93 | -2.47 | -13.04 | 45.13 | 23.39 |
| SunTech STP | 14.26 | 14.24 | -.02 | -.1404 | 13.55 | 5.34 |
| Trina Solar TSL | 24.48 | 21.30 | -3.18 | -14.93 | 10.09 | 7.23 |
| Yingli YGE | 12.37 | 11.88 | -.49 | -4.124 | 7.25 | 3.888 |
| 20SSI Weekly Cumulative: | Previous 385.01 | Current 371.55 | Change -13.46/-3.6% | Avg Stock -4.46% | 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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