March 15-19: Dow, NASDAQ Up; Solar Slips

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 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.

Feb 22-26: Dow, NASDAQ Slip: Solar Down 5%

Solar at lowest since April

The Dow slipped 77 points since last Friday to finish at 10325.26, a .75% loss. NASDAQ fared better with a nearly a 6-point drop to end at 2238.26. a .25% slip. Composite shares in the 20 Solar Stocks Index dropped nearly 19 points finishing a 353.08, almost a 5% slide.

Still, stocks in the DJIA and NASDAQ finished February considerably higher than at the end of January as the NASDAQ composite gained over 4%. February was the best month of trading for the two major indexes since November.The 20SSI lost 5.55% since January 29.

MarketWatch reports the modest gains "lifted by some improvement in U.S. economic data, though worries about consumer spending and sovereign debt kept a lid on optimism."

Investors were heartened on Friday by a Commerce Department report which said the fourth quarter last year grew by 5.9%--best since Q3 of 2003--surpassing expectations of 5.7%. Consumer spending was more modest than expected however with a 1.7% rate increase when 2% was expected.

Solar stocks should make a comeback soon as more people "think solar" when the days get longer and sunnier.

20 Solar Stocks Index Week of Feb 22-26, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10402.35	10325.26	-77.09	-.7466%	8952.89	6626.95
NASDAQ	2243.87	2238.26	-5.61	-.2506	1628.03	1293.85
Akeena Solar AKNS	1.10	1.05	-.05	-4.761	2.28	.61
Amtel Systems ASYS	8.64	8.69	+.05	+.5787	4.00	2.73
Applied Materials AMAT	12.50	12.24	-.26	-2.124	10.67	8.70
Canadian Solar CSIQ	20.52	19.12	-1.40	-7.322	7.00	3.0601
ECD (UniSolar) ENER	7.53	7.20	-.33	-4.583	29.33	17.45
Entech Solar ENSL.OB	.1725	.1640	-.0085	-5.182	.28	.23
Evergreen Solar ESLR	1.27	1.12	-.15	-13.39	3.60	1.03
First Solar FSLR	116.00	105.75	-10.25	-9.692	157.80	108.49
GT Solar Int. SOLR	5.77	5.95	+.18	+3.119	4.00	4.02
JA Solar JASO	5.12	4.96	-.16	-3.225	5.09	1.91
Kyocera KYO	89.42	88.94	-.48	-.5396	71.87	54.21
LDK Solar LDK	6.58	6.19	-.39	-6.300	14.84	4.40
MEMC Elect. WFR	12.50	12.11	-.39	-3.220	15.76	13.68
Renesola SOL	5.11	5.07	-.04	-.7889	5.15	2.1201
Satcon SATC	2.44	2.34	-.10	-4.273	1.60	1.23
SolarFun SOLF	7.25	6.60	-.65	-9.848	6.12	2.30
SunPower SPWRA	19.79	18.75	-1.04	-5.546	45.13	23.39
SunTech STP	13.44	13.26	-.18	-1.357	13.55	5.34
Trina Solar TSL	24.42	22.00	-2.42	-11.00	10.09	7.23
Yingli YGE	12.45	11.58	-.87	-7.512	7.25	3.888
20SSI Weekly Cumulative:	Previous 372.02	Current 353.08	Change -18.94/-5.3%	Avg Stock -4.848%	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.

Jan 25-29: Dow, NASDAQ Down Again; Solar Up a Sliver

Market still in funk...

The Dow Jones Industrial Averages and the NASDAQ continued their slide this week but not nearly as bad as last week's bloodbath. Solar stocks in the 20SSI fared a little better inching the index up nearly three points. February could bring better news on results of Ford's $2.7 billion profit for 2009. Or it could drop below 10,000, a rather dreary possibility.

20 Solar Stocks Index Week of Jan 25-29, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10172.98	10067.33	-105.65	-1.049%	8952.89	6626.95
NASDAQ	2205.29	2147.35	-57.94	-2.698	1628.03	1293.85
Akeena Solar AKNS	1.24	1.14	-.10	-8.771	2.28	.61
Amtel Systems ASYS	10.97	10.42	-.55	-5.278	4.00	2.73
Applied Materials AMAT	12.63	12.18	-.45	-2.463	10.67	8.70
Canadian Solar CSIQ	21.66	21.13	-.53	-2.508	7.00	3.0601
ECD (UniSolar) ENER	10.12	9.12	-1.00/TD>	-10.96	29.33	17.45
Entech Solar ENSL.OB	.1310	.13	.0010	-.7692	.28	.23
Evergreen Solar ESLR	1.44	1.44	NC	NC	3.60	1.03
First Solar FSLR	112.39	113.30	+.91	+.8096	157.80	108.49
GT Solar Int. SOLR	6.10	5.75	-.35	-6.086	4.00	4.02
JA Solar JASO	4.57	4.30	-.27	-6.279	5.09	1.91
Kyocera KYO	87.06	92.72	+5.66	+6.501	71.87	54.21
LDK Solar LDK	6.52	6.23	-.29	-4.654	14.84	4.40
MEMC Elect. WFR	13.19	12.57	-.62	-4.932	15.76	13.68
Renesola SOL	4.61	4.40	-.21	-4.772	5.15	2.1201
Satcon SATC	2.36	2.30	-.06	-2.608	1.60	1.23
SolarFun SOLF	7.084	7.21	+.126	+1.778	6.12	2.30
SunPower SPWRA	21.09	20.39	-.70	-3.433	45.13	23.39
SunTech STP	13.02	13.51	+.49	+3.763	13.55	5.34
Trina Solar TSL	20.94	21.93	+.99	+4.727	10.09	7.23
Yingli YGE	12.63	12.52	-.11	-.8785	7.25	3.888
20SSI Weekly Cumulative:	Previous 369.76	Current 372.69	Change +2.93/+.7924%	Avg Stock +.0949%	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

Jan 18-22: Dow, NASDAQ, Solar Meltdown

Some say correction long overdue

The Dow Jones Industrial Averages suffered its worst week since last February dropping 437 points for the week to end at 10172.98, a drop of 4.3%. The NASDAQ took a little less of a hit losing nearly 83 points to finish at 2205.29, a 3.75% slip. The 20 Solar Stocks Index (20SSI) was hit by a train and lost 64 points to end at 369.76, a horrific 17% loss. Since Jan 8 the 20SSI has dropped over 112 points, off 30%.

Paul Vigna at the Dow Jones Newswire says the correction was long overdue, that the market had made no such adjustment for eleven months. He cites uncertainty with health care reform, the Massachusetts election, the possibility of Ben Bernanke not being reappointed, Freddie and Fannie Mae problems all leading to a questionable time for trading.

Besides that malaise, the German government announced this week that it's cutting solar subsidies by 15%. This is in addition to the annual decline for solar subsidies as Germany attempts to wean solar companies off government support. In a story by Graham Winfrey in the Business Insider's Green Sheet it is reported that Germany, the world leader in photovoltaic installations, accounted for 50% of global PV demand last year.

20 Solar Stocks Index Week of Jan 18-22, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10609.65	10172.98	-436.67	-4.292%	8952.89	6626.95
NASDAQ	2287.99	2205.29	-82.70	-3.750	1628.03	1293.85
Akeena Solar AKNS	1.28	1.24	-.04	-3.225	2.28	.61
Amtel Systems ASYS	10.89	10.97	+.08	+.7346	4.00	2.73
Applied Materials AMAT	13.73	12.63	-1.10	-8.709	10.67	8.70
Canadian Solar CSIQ	25.93	21.66	-4.27	-19.71	7.00	3.0601
ECD (UniSolar) ENER	11.27	10.12	-1.156	-11.35	29.33	17.45
Entech Solar ENSL.OB	.13	.1310	+.0010	+.7692	.28	.23
Evergreen Solar ESLR	1.58	1.44	-.14	-9.722	3.60	1.03
First Solar FSLR	124.07	112.39	-11.68	-10.39	157.80	108.49
GT Solar Int. SOLR	5.73	6.10	+.37	+6.457	4.00	4.02
JA Solar JASO	5.60	4.57	-1.03	-22.53	5.09	1.91
Kyocera KYO	92.38	87.06	-5.32	-6.110	71.87	54.21
LDK Solar LDK	7.20	6.52	-.68	-10.42	14.84	4.40
MEMC Elect. WFR	14.25	13.19	-1.06	-8.036	15.76	13.68
Renesola SOL	5.10	4.61	-.49	-10.62	5.15	2.1201
Satcon SATC	2.62	2.36	-.26	-11.02	1.60	1.23
SolarFun SOLF	8.48	7.084	-1.396	-19.70	6.12	2.30
SunPower SPWRA	23.62	21.09	-2.53	-11.99	45.13	23.39
SunTech STP	15.57	13.02	-2.55	-19.58	13.55	5.34
Trina Solar TSL	49.43	20.94	-28.49	-36.05	10.09	7.23
Yingli YGE	15.21	12.63	-2.58	-20.42	7.25	3.888
20SSI Weekly Cumulative:	Previous 434.07	Current 369.76.	Change -64.31/-17.39%	Avg Stock -9.92%	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.

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.

Solar Index Climbs 6% Since Thursday

Dow, NASDAQ up, too

The 20 Solar Stocks Index (20SSI) has gained nearly 27 points since last year's close Thursday of 448.15 to finish at 474.82, a 5.95% climb. Both the Dow and NASDAQ have begun 2010 well, respectively gaining 144 points to 10572.02 (up 1.38%) and 40 points to 2308.71 (+1.74%) so far this very new year.

All but three stocks of the 20SSI finished up after today's trading. The biggest winners were Yingli Solar (up 12.6%), JA Solar Holdings (+7.59%), and Canadian Solar (+5.55%).

One year ago today when the 20SSI began tracking, the index closed at 415.41, so the index has comeback an appreciable 14.3% in a bad financial year. Solar's rebound really looks good compared with the market descent--which included all major indexes--culminating on March 6 when the 20SSI hit 266.01. From that time solar shows a gaudy 78% surge.

Chinese solar stocks have been gaining well the past month on signs of an optimist future for the solar industry. China recently made a renewable energy mandate to increase the use of non-fossil fuels by 15% by 2020.

Dec 14-18: Tech, Solar Stocks Kick Some Butt

Solar index up third straight week

The DJIA slipped almost 143 points (-1.4%) since last Friday although today's finish was stronger than expected at 10328.89. Tech stocks did well however, and the NASDAQ gained 21 points--nearly 1%--to end at 2211.69 with Intel, Microsoft and Hewlett-Packard helping lead the way. Best of all, the 20 Solar Stock Index gained 14.55 points, a 3.43% gain to end at 438.99.

Boeing took a major hit when Ryanair cancelled an order for 200 new 737-800 jets and the stock became the Dow's biggest loser for the week. Oracle and Research in Motion, maker of the Blackberry, reported better-than-expected earnings reports and were two more reasons why tech stocks purred since last Friday.

Amtech Systems was solar's biggest winner on news the company closed $10 million in sales orders and a larger order from one existing customer. JA Solar was another big gainer, reporting on better Q4 earnings than earlier guidance suggested. Thirteen in the 20SSI gained this week with the average stock up over 8.13% overall.

20 Solar Stocks Index Week of Dec 14-18, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10471.50	10328.89	-142.61	-1.380%	8952.89	6626.95
NASDAQ	2190.31	2211.69	+21.38	+.9761	1628.03	1293.85
Akeena Solar AKNS	1.38	1.24	-.14	-11.29	2.28	.61
Amtel Systems ASYS	7.12	10.27	+3.15	+44.24	4.00	2.73
Applied Materials AMAT	13.38	13.62	+.24	+1.793	10.67	8.70
Canadian Solar CSIQ	22.51	26.78	+4.27	+18.97	7.00	3.0601
ECD (UniSolar) ENER	10.99	10.72	-.27	-2.518	29.33	17.45
Entech Solar ENSL.OB	.08	.14	+.06	+75	.28	.23
Evergreen Solar ESLR	1.55	1.52	-.03	-1.973	3.60	1.03
First Solar FSLR	133.10	135.67	+2.57	+1.930	157.80	108.49
GT Solar Int. SOLR	5.62	5.69	+.07	+.1245	4.00	4.02
JA Solar JASO	4.57	5.73	+1.16	+25.38	5.09	1.91
Kyocera KYO	88.32	87.00	-1.32	-9.563	71.87	54.21
LDK Solar LDK	8.56	6.85	-1.71	-24.96	14.84	4.40
MEMC Elect. WFR	12.55	12.51	-.04	-.3197	15.76	13.68
Renesola SOL	4.16	4.82	+.66	+15.86	5.15	2.1201
Satcon SATC	2.25	2.49	+.24	+10.66	1.60	1.23
SolarFun SOLF	6.84	7.09	+.25	+3.655	6.12	2.30
SunPower SPWRA	22.76	24.41	+1.65	+7.249	45.13	23.39
SunTech STP	16.97	16.98	+.01	+.0589	13.55	5.34
Trina Solar TSL	47.80	51.64	+3.84	+8.033	10.09	7.23
Yingli YGE	15.31	15.06	-.25	-1.660	7.25	3.888
20SSI Weekly Cumulative:	Previous 424.44	Current 438.99	Change +14.55/+3.43%	Avg Stock +8.13%	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.

Dec 7-11: Solar Outpaces Dow, NASDAQ Again

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 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.

Nov 30-Dec 4: Solar Tops Dow, NASDAQ

Decent jobs report bolsters week...

While the Dow struggled to a small gain this week, the NASDAQ was up 2.6% and the 20 Solar Stocks Index gained over 30 points to finish at 413.99, nearly an 8% gain since last Friday.

A better-than-expected jobs report from the federal government pushed the Dow up over 180 points earlier today before slipping back to a modest gain of 78.98 to finish at 10388.9.

All but one stock in the 20SSI went up for the week with the average stock price increase at over 8%. Leaders were LDK Solar, Yingli and Satcon. A decent December could beat the year's start of 415.41, a moral victory if nothing else.

20 Solar Stocks Index Week of Nov 30-Dec 4, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10309.92	10388.90	+78.98	+.7660%	8952.89	6626.95
NASDAQ	2138.44	2194.35	+55.91	+2.614	1628.03	1293.85
Akeena Solar AKNS	.95	1.00	+.05	+5.263	2.28	.61
Amtel Systems ASYS	6.20	6.59	+.39	+6.290	4.00	2.73
Applied Materials AMAT	12.29	13.32	1.03	+8.380	10.67	8.70
Canadian Solar CSIQ	21.52	23.00	+1.48	+6.877	7.00	3.0601
ECD (UniSolar) ENER	10.15	10.17	+.02	+.1970	29.33	17.45
Entech Solar ENSL.OB	.1140	.08	-.034	-42.50	.28	.23
Evergreen Solar ESLR	1.39	1.55	+.16	+11.51	3.60	1.03
First Solar FSLR	120.30	129.62	+9.32	+7.747	157.80	108.49
GT Solar Int. SOLR	4.83	5.01	+.18	+3.726	4.00	4.02
JA Solar JASO	3.83	4.40	+.57	+14.88	5.09	1.91
Kyocera KYO	78.65	83.71	+5.06	+6.434	71.87	54.21
LDK Solar LDK	7.61	8.99	+1.38	+18.13	14.84	4.40
MEMC Elect. WFR	12.06	12.75	+.69	+5.721	15.76	13.68
Renesola SOL	3.85	4.10	+.25	+6.493	5.15	2.1201
Satcon SATC	1.97	2.26	+.29	+14.72	1.60	1.23
SolarFun SOLF	6.39	6.99	+.60	+9.389	6.12	2.30
SunPower SPWRA	20.05	22.31	+2.26	+11.27	45.13	23.39
SunTech STP	14.18	15.39	+1.21	+8.533	13.55	5.34
Trina Solar TSL	44.13	47.44	+3.31	+7.500	10.09	7.23
Yingli YGE	13.37	15.31	+1.94	+14.51	7.25	3.888
20SSI Weekly Cumulative:	Previous 383.83	Current 413.99	Change +30.16/+7.86%	Avg Stock +8.37%	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.

Nov 23-27: Stocks Take Dubai World of Hurt

Get yourself a man-made island...

About $60 billion in debt is in danger of default by Dubai World, a state-owned conglomerate in the Middle East. This is the company making those surreal palm-shaped island resorts for the world's mega-rich. Dubai is one of the seven emirates of the United Arab Emirates, which figuratively mints money with black gold. (Ed.: One would wonder how an area so enriched by gross oil revenues could ever be over-extended on credit.) According to the Dubai World website, the conglomerate Fortunately however, it looks as though most debt liability will be taken by European institutions as most lenders in Europe are generally exposed to the Middle East.

Still, the possible default had a negative impact late this week on U.S. stocks, helping to set back the Dow down eight points and the NASDAQ about seven. The 20 Solar Stocks Index (20SSI) dipped just over five points. Fifteen of the 20 stocks finished down but none by much. Canadian Solar continued its strong position in the PV industry with a 51 cents per share gain, the index leader.

20 Solar Stocks Index Week of Nov 23-27, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10318.16	10309.92	-8.24	-.0799%	8952.89	6626.95
NASDAQ	2146.04	2138.44	-7.600	-.3554	1628.03	1293.85
Akeena Solar AKNS	1.07	.95	-.12	-12.63	2.28	.61
Amtel Systems ASYS	6.15	6.20	+.05	+.8130	4.00	2.73
Applied Materials AMAT	12.28	12.29	+.01	+.0814	10.67	8.70
Canadian Solar CSIQ	21.01	21.52	+.51	+2.427	7.00	3.0601
ECD (UniSolar) ENER	10.57	10.15	-.42	-4.138	29.33	17.45
Entech Solar ENSL.OB	.1071	.1140	+.0069	+6.442	.28	.23
Evergreen Solar ESLR	1.47	1.39	-.08	-5.755	3.60	1.03
First Solar FSLR	121.18	120.30	-.88	-.7315	157.80	108.49
GT Solar Int. SOLR	4.74	4.83	+.09	+1.898	4.00	4.02
JA Solar JASO	3.96	3.83	-.13	-3.394	5.09	1.91
Kyocera KYO	78.90	78.65	-.15	-.3178	71.87	54.21
LDK Solar LDK	7.89	7.61	-.28	-3.679	14.84	4.40
MEMC Elect. WFR	12.08	12.06	-.02	-.1658	15.76	13.68
Renesola SOL	4.08	3.85	-.23	-5.974	5.15	2.1201
Satcon SATC	2.02	1.97	-.05	-2.538	1.60	1.23
SolarFun SOLF	6.64	6.39	-.25	-3.912	6.12	2.30
SunPower SPWRA	21.48	20.05	-1.43	-7.132	45.13	23.39
SunTech STP	15.18	14.18	-1.00	-7.052	13.55	5.34
Trina Solar TSL	44.43	44.13	-.30	-.6798	10.09	7.23
Yingli YGE	13.75	13.37	-.38	-2.842	7.25	3.888
20SSI Weekly Cumulative:	Previous 389.09	Current 383.83	Change -5.26/+1.37%	Avg Stock -2.091%	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.

Nov 16-20: Solar Tops Dow, NASDAQ

Third straight positive week for solar

The 20 Solar Stock Index (20SSI) gained just over 6 points for the week but it was enough for a 1.58% rise since last Friday. The Dow hopped about 48 points for about a .5% gain; the NASDAQ actually lost 22 points, slightly over a 1% drop.

MarketWatch reports most U.S. stocks ended the week with losses but small gains in health care stocks and consumer-related shares kept things from being worse. Although solar stocks did fairly well, most tech stocks were the biggest losers.

Twelve companies in the 20SSI finished ahead; average increase per stock was 2.64%. It was the third consecutive week of gains for the index and LDK Solar, SolarFun, Canadian Solar, Trina Solar and Akeena Solar lead the pack. SunPower was the week's biggest loser, dropping 23%.

20 Solar Stocks Index Week of Nov 16-20, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10270.47	10318.16	+47.66	+.4643%	8952.89	6626.95
NASDAQ	2167.88	2146.04	-21.84	-1.017	1628.03	1293.85
Akeena Solar AKNS	.95	1.07	+.12	+12.63	2.28	.61
Amtel Systems ASYS	5.80	6.15	+.35	+6.034	4.00	2.73
Applied Materials AMAT	12.72	12.28	-.44	-3.583	10.67	8.70
Canadian Solar CSIQ	18.45	21.01	+2.56	+13.87	7.00	3.0601
ECD (UniSolar) ENER	10.94	10.57	-.37	-3.500	29.33	17.45
Entech Solar ENSL.OB	.1200	.1071	-.0129	-12.04	.28	.23
Evergreen Solar ESLR	1.48	1.47	-.01	-.6802	3.60	1.03
First Solar FSLR	118.30	121.18	+2.88	+2.434	157.80	108.49
GT Solar Int. SOLR	4.72	4.74	+.02	+.4237	4.00	4.02
JA Solar JASO	4.12	3.96	-.16	-4.040	5.09	1.91
Kyocera KYO	81.11	78.90	-2.21	-2.801	71.87	54.21
LDK Solar LDK	6.39	8.00	+1.61	+25.19	14.84	4.40
MEMC Elect. WFR	13.07	12.08	-.99	-8.195	15.76	13.68
Renesola SOL	4.05	4.08	+.03	+.7407	5.15	2.1201
Satcon SATC	1.92	2.02	+.10	+5.208	1.60	1.23
SolarFun SOLF	5.59	6.64	+1.05	+18.78	6.12	2.30
SunPower SPWRA	26.42	21.48	-4.94	-22.19	45.13	23.39
SunTech STP	13.72	15.18	+1.46	+10.64	13.55	5.34
Trina Solar TSL	39.70	44.43	+4.73	+12.67	10.09	7.23
Yingli YGE	13.45	13.75	+.30	+2.230	7.25	3.888
20SSI Weekly Cumulative:	Previous 383.02	Current 389.09	Change +6.07/+1.58%	Avg Stock +2.64%	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.

Aug 10-14: Dow Off; NASDAQ, Solar Also Tumble

Consumer confidence dipping

The DJIA's four-week run of gains ended this week down 49 points from last Friday. NASDAQ was also down--about 15 points this week but drops for both major indexes amounted to less than 1%. All but two in the 20SSI went down for a generally sour week throughout Wall Street. Fortunately, it's August and trading is relatively light.

MarketWatch reports that consumer confidence has fallen based on the Reuters/University of Michigan index of consumer sentiment which fell to 63.2 this month from 66 in July. By contrast, analyst's consensus predicted a rise to 68.5.

Consumers companies are feeling the pinch. Nordstrom lead the sector's declines by falling 1.89 to 27.87 after its Q209 profit fell 27%. Consumer sentiment also hurt some commodities including oil entities. Certain banks, like Bank of America, helped to offset overall declines with some modest gains.

As for solar stocks, Chris Morrison, energy writer at bnet.com, reported yesterday that large solar panel inventories are taking a toll on the solar industry. Oversupply hit LDK Solar hard last quarter by taking a $217 million loss for its unsold solar wafer stock. Of that amount, $175.8 million was in inventory write-downs, meaning LDK was forced to reduce on-paper value of unsold wafers to reflect current market pricing. JA Solar, also a solar cell maker, said its inventories rose 18%, a common condition of silicon wafer and solar panel manufacturers. Still, most solar companies, Morrison reports, seem to believe the industry will be over the hump in 2010 or early 2011.

iSupply, an electronics research firm, predicted oversupply lasting into 2012; that half of all panels now being made are going into inventory. Such a glut of panels has an adverse effect on high-concentration photovoltaics makers (HCPV) as their modules are based on cutting cost-per-watt pricing by using Fresnel lenses (mostly) to maximize output of much less silicon per module. With high-grade silicon wafers in abundance and prices falling, HCPV technology becomes less important.

20 Solar Stocks Index Week of August 10-14, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	9370.07	9321.40	-48.67	-.5221%	8952.89	6626.95
NASDAQ	2000.25	1985.52	-14.73	-.7418	1628.03	1293.85
Akeena Solar AKNS	1.26	1.21	-.05	-4.132	2.28	.61
Amtel Systems ASYS	5.63	4.91	-.72	-14.66	4.00	2.73
Applied Materials AMAT	13.52	13.55	+.02	+.2219	10.67	8.70
Canadian Solar CSIQ	18.40	16.54	-1.86	-11.24	7.00	3.0601
ECD (UniSolar) ENER	13.58	13.35	-.23	-1.722	29.33	17.45
Entech Solar ENSL.OB	.2230	.2010	-.022	-10.95	.28	.23
Evergreen Solar ESLR	2.06	2.00	-.06	-3.000	3.60	1.03
First Solar FSLR	146.47	141.78	-4.69	-3.079	157.80	108.49
GT Solar Int. SOLR	6.50	5.50	-1.00	-18.18	4.00	4.02
JA Solar JASO	5.20	4.17	-1.03	-24.70	5.09	1.91
Kyocera KYO	80.72	81.45	+.73	+.0090	71.87	54.21
LDK Solar LDK	11.64	9.22	-2.42	-26.24	14.84	4.40
MEMC Elect. WFR	17.46	16.82	-.64	-3.804	15.76	13.68
Renesola SOL	5.67	5.38	-.29	-5.390	5.15	2.1201
Satcon SATC	2.02	1.90	-.12	-6.315	1.60	1.23
SolarFun SOLF	7.84	6.70	-1.14	-17.01	6.12	2.30
SunPower SPWRA	30.69	27.65	-3.04	-10.99	45.13	23.39
SunTech STP	18.22	17.64	-.58	-3.288	13.55	5.34
Trina Solar TSL	28.58	28.31	-.27	-.9537	10.09	7.23
Yingli YGE	13.40	12.43	-.97	-7.803	7.25	3.888
20SSI Weekly Cumulative:	Previous 429.08	Current 410.71	Change -18.38/-4.4%	Avg Stock -8.66%	1/05/09* 415.41	3/06/09** 266.01

* The starting date of the 20 Solar Stock Index (20SSI).
** NOTE: Consensus "new" bull market began on Monday, March 9, 2009.