May 10-14: Dow, NASDAQ Up; Solar Slips by Sliver

General bounce back from last week

All major indexes made significant gains earlier this week but cut back by Friday. The Dow went over 10800 at midweek on enthusiasm for the large European bailout package then scaled back yesterday and today on renewed worries about Europe's finances.

The DJIA gained 241 points from last Friday to finish today at10620.16, a 2.3% boost. The NASDAQ composite climbed 81 points to end at 2346.85, nearly a 3.6% rise for the week. Although 13 companies gained in the 20 Solar Stocks Index, the index lost less than a point to finish at 358.19.

Now that Germany's very generous solar feed in tariff is being officially cut back this summer, many of the larger panel makers see their stocks in flux. The California Solar Initiative, once the flagship of all U.S. solar incentive programs, is seeing success as a double sword. As residential and commercial PV system installations exploded last year, rebates have triggered down significantly. Despite continuing low panel prices, rebates for PG&E, SCE and SDG&E customers don't amount to much so sales are slowing.

Solar winners for the week include Entech Solar, Akeena Solar, ECD and Suntech. Losers included First Solar, LDK Solar and SunPower.

20 Solar Stocks Index Week of May 10-14, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10379.60	10620.16	+240.56	+2.317%	8952.89	6626.95
NASDAQ	2265.64	2346.85	+81.21	+3.584	1628.03	1293.85
Akeena Solar AKNS	.97	.9792	+.0092	+.9484	2.28	.61
Amtel Systems ASYS	8.60	9.49	+.89	+10.34	4.00	2.73
Applied Materials AMAT	12.50	12.95	+.45	+3.600	10.67	8.70
Canadian Solar CSIQ	14.11	14.25	+.14	+.9922	7.00	3.0601
ECD (UniSolar) ENER	5.88	6.38	+.50	+8.503	29.33	17.45
Entech Solar ENSL.OB	.12	.1799	+.0599	+49.92	.28	.23
Evergreen Solar ESLR	1.00	1.01	+.01	+1.000	3.60	1.03
First Solar FSLR	122.55	120.31	-1.24	-1.861	157.80	108.49
GT Solar Int. SOLR	5.01	5.44	+.43	+8.582	4.00	4.02
JA Solar JASO	5.95	6.09	+.14	+2.352	5.09	1.91
Kyocera KYO	93.67	93.24	-.33	-.4611	71.87	54.21
LDK Solar LDK	6.18	6.08	-.10	-1.644	14.84	4.40
MEMC Elect. WFR	11.54	11.79	+.25	+2.166	15.76	13.68
Renesola SOL	6.61	6.48	-.13	-2.006	5.15	2.1201
Satcon SATC	2.42	2.69	+.27	+11.15	1.60	1.23
SolarFun SOLF	7.11	7.10	-.01	-.1408	6.12	2.30
SunPower SPWRA	14.35	13.05	-1.30	-9.961	45.13	23.39
SunTech STP	10.49	10.57	+.08	+.7626	13.55	5.34
Trina Solar TSL	19.93	20.10	+.17	+.8529	10.09	7.23
Yingli YGE	10.01	10.01	NC	0	7.25	3.888
20SSI Weekly Cumulative:	Previous 359	Current 358.19	Change -.81/-.2261%	Avg Stock +4.27%	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 are always welcome.