Oct 26-30: Dow, NASDAQ, Solar Slip More

Poor week all around for Wall Street

Despite yesterday's good report of the GDP, U.S. stocks tumbled today. MarketWatch reports BofA, JPMorgan Chase and Alcoa led Dow's majors to Friday's 259-point loss to finish at 9972.18. a 2.7% slide for the week. The NASDAQ dropped 109 points since last Friday, a 5.3% slide to 2045.11. Solar Stocks in the 20SSI dropped over 50 points, off 13.6% for the week.

All but one solar stock fell; JA Solar finished up .06. First Solar took the biggest hit dropping a whopping 30 points for a 25% loss for the week. Evidently, few investors caught any of the excitement at this year's Solar Power International 2009 trade show in Anaheim this week as solar stocks dropped an average near 10%.

Investors are still uncertain about the state of the economy and whether stocks are the place to put money. But then historically, October has been a scary month in more ways than one. Will the looming Holiday season be the make or break for the year?

20 Solar Stocks Index Week of Oct 26-30, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	9972.18	9712.73	-259.45	-2.671%	8952.89	6626.95
NASDAQ	2154.47	2045.11	-109.36	-5.347	1628.03	1293.85
Akeena Solar AKNS	1.09	.94	-.15	-15.95	2.28	.61
Amtel Systems ASYS	5.85	5.40	-.45	-8.333	4.00	2.73
Applied Materials AMAT	12.95	12.20	-.75	-6.147	10.67	8.70
Canadian Solar CSIQ	16.00	14.58	-1.42	-9.739	7.00	3.0601
ECD (UniSolar) ENER	12.53	10.77	-1.76	-16.34	29.33	17.45
Entech Solar ENSL.OB	.1500	.1450	-.0050	-3.448	.28	.23
Evergreen Solar ESLR	1.64	1.45	-.19	-13.10	3.60	1.03
First Solar FSLR	152.39	121.93	-30.46	-24.98	157.80	108.49
GT Solar Int. SOLR	5.57	5.25	-.32	-6.095	4.00	4.02
JA Solar JASO	3.77	3.83	+.06	+1.591	5.09	1.91
Kyocera KYO	87.07	83.47	-3.60	-4.312	71.87	54.21
LDK Solar LDK	7.58	6.78	-.80	-11.79	14.84	4.40
MEMC Elect. WFR	13.57	12.41	-1.16	-9.347	15.76	13.68
Renesola SOL	4.05	3.68	-.37	-10.05	5.15	2.1201
Satcon SATC	2.12	2.04	-.08	-3.921	1.60	1.23
SolarFun SOLF	5.25	4.75	-.50	-10.53	6.12	2.30
SunPower SPWRA	28.35	24.81	-3.54	-14.27	45.13	23.39
SunTech STP	13.64	12.67	-.97	-7.655	13.55	5.34
Trina Solar TSL	35.55	32.52	-3.03	-9.317	10.09	7.23
Yingli YGE	12.63	11.58	-1.05	-9.067	7.25	3.888
20SSI Weekly Cumulative:	Previous 421.75	Current 371.21	Change -50.54/-13.6%	Avg Stock -9.64%	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 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.

Oct 5-9: Solar Outperforms Dow, NASDAQ

All-around good week for stocks

Since last Friday, the Dow Jones Industrial Average gained over 377 point to finish at 9864.94, the year's highest. The NASDAQ rose 91 points to end today at 2139.28. Percentage gains for both were nearly 4% and 4.5% respectively. The 20 Solar Stocks Index (20SSI) gained nearly 25 points, a 6% rise for the week.

MarketWatch reported IBM rallied the technology sector which Alcoa and others fed rising optimism about third-quarter earnings reports. IBM was up 3.64 or 3% to 125.93 likely related to Barclay's going bullish on the tech giant. Both Intel and AMD went up, as well.

Eighteen in the 20SSI rose with Trina, SunPower, SunTech and Yingli leading the others. The average stock in the index rose 5.6% easily outpacing the Dow and NASDAQ. After two dismal weeks solar makes the welcome rebound based on several likely reasons. Cost of panels remain down while the cost of electricity here in California continues to rise rapidly. There were 200 applications received by the CA Center for Sustainable Energy (which administers the CA rebate for SDG&E customers) during September. That figure coupled with the 350 applications in July means the rebate currently at $1.55 per installed AC watt will trigger down to $1.10 much sooner than thought. The California Solar Initiative is a good model for other states in that it stimulates solar PV sales in a severely depressed economy.

20 Solar Stocks Index Week of Oct 5-9, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	9487.67	9864.94	+377.27	+3.976%	8952.89	6626.95
NASDAQ	2048.11	2139.28	+91.17	+4.451	1628.03	1293.85
Akeena Solar AKNS	1.07	1.16	_.09	+8.411	2.28	.61
Amtel Systems ASYS	5.10	5.28	+.18	+3.529	4.00	2.73
Applied Materials AMAT	12.68	13.22	+.54	+4.258	10.67	8.70
Canadian Solar CSIQ	15.99	17.76	+1.77	+11.07	7.00	3.0601
ECD (UniSolar) ENER	10.79	10.89	+.10	+.9267	29.33	17.45
Entech Solar ENSL.OB	.1799	.1740	-.0059	-3.390	.28	.23
Evergreen Solar ESLR	1.77	1.81	+.04	+2.259	3.60	1.03
First Solar FSLR	150.00	156.69	+6.69	+4.450	157.80	108.49
GT Solar Int. SOLR	5.28	5.71	+.43	-7.765	4.00	4.02
JA Solar JASO	3.88	4.01	+.13	+3.350	5.09	1.91
Kyocera KYO	86.70	89.25	+1.55	+2.941	71.87	54.21
LDK Solar LDK	7.93	8.28	+.35	+4.413	14.84	4.40
MEMC Elect. WFR	15.38	16.30	+.92	+5.981	15.76	13.68
Renesola SOL	4.51	4.77	+.26	+5.764	5.15	2.1201
Satcon SATC	2.01	1.96	-.05	-2.551	1.60	1.23
SolarFun SOLF	5.24	5.60	+.36	+6.870	6.12	2.30
SunPower SPWRA	27.53	31.49	+3.96	+14.38	45.13	23.39
SunTech STP	13.98	15.55	+1.57	+11.23	13.55	5.34
Trina Solar TSL	29.82	34.45	+4.63	+15.52	10.09	7.23
Yingli YGE	11.69	13.15	+1.46	+12.48	7.25	3.888
20SSI Weekly Cumulative:	Previous 411.53	Current 436.34	Change +24.81/+6.02%	Avg Stock +5.581%	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 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.