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.

May 4-8: 16 of 20 Solar Stocks Up for Week; Average Gain 10%

Solar handily outpaces NASDAQ again

Pile on another good week for solar stocks now gaining in seven of the nine weeks since the new bull market began March 9. The Dow was up 362.24 points or 4.441%; NASDAQ was up 19.80, up 1.151%. Stocks in the 20 Solar Stock Index (20SSI) were up a composite of 10.03% for the week.

Four solar stocks were up over 20% with Akeena and Solarfun climbing above 30%. Canadian Solar International shot up a whopping 32+% on Monday, settling at nearly 24% up be end of trading today. This is likely attributed to a 5MW sales agreement with Topinfrasolar, a top Korean integrator. This is in addition of 3MW already delivered to that company this year. Also, much of CSI's gain came from news financing from three Chinese banks. First Solar cooled a little after last week's sparkling gains but still went up nearly 6%.

Solar continues to climb because its time has come. Even Heartland America sees the burning of fossil fuels as main culprit in global heating: Kansas citizens blocked two proposed coal-fired power plants last year. Solar power mitigates the nuclear waste disposal issue. Finally, solar can reduce electric bills from the day they are commissioned on a home or on a factory. As opposed to conventional power plants that must be fed depleting--and increasingly more costly--resources to make electricity, the sun provides 1000 watts per square meter of the Earth's surface at 12 noon every day. And it's free.

Week of May 4-8, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09
Dow Jones DJIA	8212.41	8574.65	+362.24	+4.441%	8952.89
NASDAQ	1719.2	1739.00	+19.80	+1.151	1628.03
Akeena Solar AKNS	1.07	1.42	+.35	+32.71	2.28
Amtel Systems ASYS	4.60	5.00	+.40	+8.695	4.00
Applied Materials AMAT	12.18	11.89	-.29	-2.439	10.67
Canadian Solar CSIQ	6.86	8.50	+1.64	+23.91	7.00
ECD (UniSolar) ENER	18.71	17.01	-1.70	-9.994	29.33
Entech Solar ENSL.OB	.22	.215	-.005	-2.325	.28
Evergreen Solar ESLR	2.11	2.39	+.28	+13.27	3.60
First Solar FSLR	180.89	191.05	+10.16	+5.616	157.80
GT Solar Int. SOLR	6.58	7.49	+.52	+6.95	4.00
JA Solar JASO	3.50	3.92	+.42	+12.00	5.09
Kyocera KYO	78.50	81.11	+2.61	+3.324	71.87
LDK Solar LDK	8.20	9.61	+1.41	+17.20	14.84
MEMC Elect. WFR	16.54	17.49	+.95	+5.743	15.76
Renesola SOL	3.45	4.04	+.59	+17.10	5.15
Satcon SATC	2.16	1.97	-.19	-9.644	1.60
SolarFun SOLF	4.1701	5.49	+1.3199	+31.65	6.12
SunPower SPWRA	26.72	29.00	+2.28	+8.532	45.13
SunTech STP	14.58	16.45	+1.87	+12.83	13.55
Trina Solar TSL	15.90	16.64	+.74	+4.654	10.09
Yingli YGE	7.35	8.92	+1.57	+21.36	7.25
Percent change all 20 stocks this week:				+10.03%

Solar Stocks Update: Jan. 26-30, 2009

Down month finishes upbeat, sort of

Okay, it was a dismal month for the Dow, NASDAQ and solar stocks overall. This post I added an additional stat showing percentage loss or gain since Jan. 5 when this stock index began. Only two solar stocks were up for the month, Amtel Systems and Entech Solar (formerly WorldWater & Solar Technologies). Either these companies have something good going or they just got lucky. Average solar stock loss for all twenty was over 18% but this week finished on a high note as gainers topped losers 14 to 6 with the average stock price up for the week about 3%.

Reasons for the down market involve the same suspects: Weak economy exacerbated by growing unemployment; banks still stingy about lending (our money!); and an anemic economy worldwide that can't purchase our exports (such as they are). As for solar, wintertime simply is not a good solar sales period. What's more, the lending problem has stymied several large solar projects but power purchase agreements are beginning to jump-start others which is a reason why the month has finished up. Furthermore, extension of the solar investment tax credit is having a positive effect, at least here in California, where the rebates are still decent; electricity rates are still climbing; and the sun still produces appreciable kilowatt hours despite the season.

I guess it's appropriate now to remind readers it's always the sun that gives a cloud its silver lining.

Week of: January 26-30, 2009

Symbol/Name Monday Friday +/- % Change % Since 1/05/09

DJIA/Dow Jones 8116.03 8000.86 -115.17 -1.42 -11.89

NASDAQ 1489.46 1476.42 -12.04 -.88 -9.32

Akeena Solar AKNS 2.00 1.85 -.15 -7.50 -18.86

Amtel Systems ASYS 4.17 4.04 -.13 -3.12 +1.01

Applied Mat. AMAT 9.83 9.37 -.46 -4.68 -7.88

Canadian Solar CSIQ 5.21 5.46 +.25 +1.05 -25.58

ECD (UniSolar) ENER 24.79 25.17 +.38 +1.53 -15.48

Entech (WW) ENSL.OB .36 .4075 +.0475 +13.19 +31.29

Evergreen Solr ESLR 2.12 2.21 +.09 +4.24 -38.62

First Solar FSLR 139.05 142.80 +3.75 +2.69 -9.51

GT Solar Int. SOLR 3.86 3.63 -.23 -5.96 -3.50

JA Solar JASO 2.46 2.66 +.20 +8.13 -47.75

Kyocera KYO 67.35 63.62 -.73 -.014 -11.48

LDK Solar LDK 11.54 12.10 +.56 +4.85 -18.47

MEMC Elect. WFR 13.41 13.60 +.19 +1.41 -13.71

Renesola SOL 3.39 3.68 +.29 +8.55 -28.55

Satcon SATC 1.43 1.38 -.05 -3.50 -13.75

SolarFun SOLF 4.91 4.96 +.05 +1.01 -18.96

SunPower SPWRA 28.80 33.56 +4.76 +16.52 -25.64

SunTech STP 8.85 9.41 +.56 +6.32 -30.56

Trina Solar TSL 7.47 8.08 +.61 +8.16 -19.93

Yingli YGE 5.27 5.59 +.32 +6.07 -22.90

Average % change for all solar stocks for week: +2.946%

NOTE: All above stocks have market capitization 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. Stock index compiled with the use of MarketBrowser available free at www.marketbrowser.com.