Month finishes strong though
The Dow Jones Industrial Average dropped 158 points during June to finish at 12412, about a 1.3% decline. The NASDAQ fell 60 points during the month to end at 60.22, a 2.17% slip. Issues in the 20 Solar Stocks Index (20SSI) however finished nearly flat from May finishing at 391 points, just a 2.5 point slip or .6%.
Despite weak performance for solar stocks this year, the industry continues to be one of the few bright growth sectors. Spain's and Italy's reduction in solar feed-in tariffs have led to a glut in panel inventories and unprecedented low wholesale pricing worldwide.
20 Solar Stocks Index as of 6/30/11
| Close 5/31/11 | Close 6/30/11 | Up/Down | % Change | Close 1/5/09* | Close 3/6/09** | |
| Dow Jones DJIA | 12570 | 12412 | -158 | -1.272% | 8952.89 | 6626.95 |
| NASDAQ | 2835.3 | 2775.08 | -60.22 | -2.170 | 1628.03 | 1293.85 |
| Amtech Systems ASYS | 21.88 | 20.60 | -1.28 | -6.213 | 4.00 | 2.73 |
| Applied Materials AMAT | 13.78 | 13.01 | -.77 | -5.918 | 10.67 | 8.70 |
| Canadian Solar CSIQ | 9.85 | 11.52 | +1.69 | +16.95 | 7.00 | 3.0601 |
| ECD (UniSolar) ENER | 1.40 | 1.17 | -.23 | -19.66 | 29.33 | 17.45 |
| Entech Solar ENSL.OB | .09 | .07 | -.02 | -28.57 | .28 | .23 |
| Evergreen Solar ESLR | .70 | .58 | -.12 | -20.68 | 3.60 | 1.03 |
| First Solar FSLR | 124.25 | 130.66 | +6.41 | +5.158 | 157.80 | 108.49 |
| GT Solar Int. SOLR | 12.76 | 16.15 | +3.37 | +26.56 | 4.00 | 4.02 |
| Hanwha SolarOne HSOL f/k/a Solarfun | 6.73 | 6.41 | -.32 | -4.992 | 6.12 | 2.30 |
JA Solar JASO | 6.03 | 5.50 | -.53 | -9.636 | 5.09 | 1.91 |
| Kyocera KYO | 105.45 | 101.69 | -3.74 | -3.697 | 71.87 | 54.21 |
| LDK Solar LDK | 7.59 | 7.36 | -.23 | -3.125 | 14.84 | 4.40 |
| MEMC Elect. WFR | 10.52 | 8.27 | -27.20 | -12.45 | 15.76 | 13.68 |
| Renesola SOL | 7.42 | 5.24 | -2.18 | -41.60 | 5.15 | 2.1201 |
| Satcon SATC | 2.66 | 2.41 | -.25 | -10.37 | 1.60 | 1.23 |
| SunPower SPWRA | 21.06 | 19.30 | -.1.76 | -9.119 | 45.13 | 23.39 |
| SunTech STP | 8.12 | 7.90 | -.22 | -2.784 | 13.55 | 5.34 |
| Trina Solar TSL | 22.95 | 22.47 | -.48 | -2.136 | 10.09 | 7.23 |
| Westinghouse Solar (Akeena) WEST | 1.13 | 1.56 | +.43 | +38.05 | 2.28 | .61 |
| Yingli YGE | 9.18 | 9.19 | +.01 | +.1089 | 7.25 | 3.888 |
| 20SSI Weekly Cumulative: | Previous 393.55 | Current 391.06 | Change -2.49/.6367% | 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 Westinghouse Solar (formerly Akeena), Amtel Systems
and Entech Solar. This listing is strictly informational and implies neither endorsement or disapproval of any stock listed. Comments are always welcome.
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