May: Major Stock Indexes Down

Poor economic data gets blame

The Dow Industrials slipped over 1.9% in May, the first monthly drop in six month. The Dow closed Tuesday a 12570, 241 points down from April. The NASDAQ fared only slightly better with a 1.35% drop to finish at 2835, a 38-point slide from last month. Eighteen in the 20 Solar Stocks Index (20SSI) were slammed in May with the index finishing at 393.55, a 47-point slip or nearly 12%.

Only 38,000 jobs were added last month when analysts projected 175,000. Also, the Institute for Supply Management reported growth in the U.S. manufacturing sector slowed to 53.5% in May from 60.4% in April, the largest one-month drop since 1984.

Supplies of solar panels are backing up, according to a source for this blog, and some major manufacturers appear to be dumping modules at unprecedented low pricing. It would appear a good time for consumers to add solar power to their homes. The question is how many are in a position to do so.


20 Solar Stocks Index as of 5/31/11

	Close 4/29/11	Close 5/31/11	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	12810.54	12570	-240.54	-1.913%	8952.89	6626.95
NASDAQ	2873.54	2835.30	-38.24	-1.348	1628.03	1293.85
Amtech Systems ASYS	22.68	21.88	-.80	-3.656	4.00	2.73
Applied Materials AMAT	15.69	13.78	-1.91	-13.86	10.67	8.70
Canadian Solar CSIQ	10.80	9.85	-.95	-9.644	7.00	3.0601
ECD (UniSolar) ENER	2.00	1.40	-.60	-42.86	29.33	17.45
Entech Solar ENSL.OB	.0433	.09	+.0467	+207.8	.28	.23
Evergreen Solar ESLR	1.35	.70	-.65	-92.85	3.60	1.03
First Solar FSLR	139.57	124.25	-15.32	-12.24	157.80	108.49
GT Solar Int. SOLR	11.17	12.76	+1.59	+14.23	4.00	4.02
Hanwha SolarOne HSOL f/k/a Solarfun	6.83	6.73	-.10	-1.485	6.12	2.30
JA Solar JASO	6.85	6.03	-.82	-13.59	5.09	1.91
Kyocera KYO	109.91	105.45	-4.46	-4.229	71.87	54.21
LDK Solar LDK	11.51	7.59	-3.92	-51.64	14.84	4.40
MEMC Elect. WFR	11.83	10.52	-1.31	-12.45	15.76	13.68
Renesola SOL	9.18	7.42	-1.76	-23.72	5.15	2.1201
Satcon SATC	3.21	2.66	-.55	-20.67	1.60	1.23
SunPower SPWRA	21.69	21.06	-.63	-2.991	45.13	23.39
SunTech STP	8.97	8.12	-.85	-10.46	13.55	5.34
Trina Solar TSL	28.47	22.95	-5.52	-24.05	10.09	7.23
Westinghouse Solar (Akeena) WEST	.455	1.13	+.675	+48.35	2.28	.61
Yingli YGE	12.53	9.18	-3.35	-36.49	7.25	3.888
20SSI Weekly Cumulative:	Previous 440.42	Current 393.55	Change -46.87/11.9%		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 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.

June 21-25: Major Indexes Fall After 3-Week Gains

European debt creeps investors

Both the Dow and NASDAQ lost about 3% since last Friday. Some point to the growth outlook for Europe which has been severely hit, not because of the debt crisis itself, but because of the austerity measures that have been set in place, according to a report in MarketWatch. Solar in the 20 Solar Stocks Index took a hit, too, with a 5% drop. Only two stocks, GT Solar and Satcon showed gains.

20 Solar Stocks Index Week of June 21-25, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10450.64	10143.81	-306.83	-3.024%	8952.89	6626.95
NASDAQ	2309.80	2223.48	-86.32	-3.882	1628.03	1293.85
Akeena Solar AKNS	.76	.70	-.06	-8.571	2.28	.61
Amtel Systems ASYS	9.07	8.76	-.31	-3.538	4.00	2.73
Applied Materials AMAT	13.34	12.94	-.40	-3.091	10.67	8.70
Canadian Solar CSIQ	11.79	10.52	-1.27	-12.07	7.00	3.0601
ECD (UniSolar) ENER	4.75	4.59	-.16	-3.485	29.33	17.45
Entech Solar ENSL.OB	.15	.14	-.01	-7.142	.28	.23
Evergreen Solar ESLR	.8471	.7878	-.0593	-7.527	3.60	1.03
First Solar FSLR	123.68	119.26	-4.42	-3.706	157.80	108.49
GT Solar Int. SOLR	5.91	6.05	+.14	+2.368	4.00	4.02
JA Solar JASO	5.04	4.78	-.26	-5.439	5.09	1.91
Kyocera KYO	87.02	84.36	-2.66	-3.153	71.87	54.21
LDK Solar LDK	6.18	5.68	-.50	-8.802	14.84	4.40
MEMC Elect. WFR	11.76	10.66	-1.10	-10.31	15.76	13.68
Renesola SOL	6.49	6.00	-.49	-8.166	5.15	2.1201
Satcon SATC	2.74	2.99	+.25	+9.124	1.60	1.23
SolarFun SOLF	8.21	7.55	-.66	-8.741	6.12	2.30
SunPower SPWRA	14.86	13.27	-1.59	-11.98	45.13	23.39
SunTech STP	10.13	9.54	-.59	-6.184	13.55	5.34
Trina Solar TSL	18.80	18.33	-.47	-2.564	10.09	7.23
Yingli YGE	10.54	10.71	-.17	-1.619	7.25	3.888
20SSI Weekly Cumulative:	Previous 352.06	Current 331.94	Change -20.12/-6.06%	Avg Stock -5.23%***	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.
*** Starting 6/11/10: In order to arrive at a truer stock gain/loss percentage, stocks with the highest percentage gain and worst drop are eliminated from the average.
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.

June 14-18: Dow, NASDAQ, Solar Climb Again

Asian economy on upswing

Remarks from Caterpillar evidently encouraged investors outlook for the Asian economy, according to a report in today's MarketWatch. However, continued concern about European's debt problems, although out of panic mode from weeks ago, still helped moderate gains.

The Dow finished 258 points ahead of last Friday to finish at 10450.64, a 2.3% gain. NASDAQ composite was also up about 66 points to end today at 2309.08, a nearly a 3% gain. Stocks in the 20 Solar Stock Index (20SSI) jumped over 24 points finishing the week at 352.06, over a 7% increase. Major winners in solar were First Solar, SunPower and Suntech.

20 Solar Stocks Index Week of June 14-18, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10211.07	10450.64	+239.57	+2.346%	8952.89	6626.95
NASDAQ	2243.60	2309.80	+66.2	+2.950	1628.03	1293.85
Akeena Solar AKNS	.81	.76	-.05	-6.578	2.28	.61
Amtel Systems ASYS	8.78	9.07	+.29	+3.302	4.00	2.73
Applied Materials AMAT	12.69	13.34	+.65	+5.122	10.67	8.70
Canadian Solar CSIQ	10.38	11.79	+1.41	+13.58	7.00	3.0601
ECD (UniSolar) ENER	4.66	4.75	+.09	+1.931	29.33	17.45
Entech Solar ENSL.OB	.1350	.15	+.015	+11.11	.28	.23
Evergreen Solar ESLR	.85	.8471	-.0029	-.3423	3.60	1.03
First Solar FSLR	107.27	123.68	+16.51	+15.29	157.80	108.49
GT Solar Int. SOLR	5.45	5.91	+.46	+8.440	4.00	4.02
JA Solar JASO	4.79	5.04	+.25	+5.219	5.09	1.91
Kyocera KYO	86.90	87.02	+.12	+.1380	71.87	54.21
LDK Solar LDK	5.67	6.18	+.51	+8.994	14.84	4.40
MEMC Elect. WFR	10.78	11.76	+.98	+9.090	15.76	13.68
Renesola SOL	5.82	6.49	+.67	+11.51	5.15	2.1201
Satcon SATC	2.56	2.74	+.18	+7.031	1.60	1.23
SolarFun SOLF	8.11	8.21	+.10	+1.233	6.12	2.30
SunPower SPWRA	13.40	14.86	+1.46	+10.89	45.13	23.39
SunTech STP	9.91	10.13	+.22	+2.219	13.55	5.34
Trina Solar TSL	18.56	18.80	+.24	+1.293	10.09	7.23
Yingli YGE	10.27	10.54	+.27	+2.629	7.25	3.888
20SSI Weekly Cumulative:	Previous 327.80	Current 352.06	Change +24.26/+7.4%	Avg Stock +5.743%***	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.
*** Starting 6/11/10: In order to arrive at a truer stock gain/loss percentage, stocks with the highest percentage gain and worst drop are eliminated from the average.
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.

June 1-4: Markets Continue Slide

Dow ends below 10,000

A disappointing jobs report nationwide and Hungary's emergence as another European financial headache helped bring down all indexes on Wall Street this week.

The Dow Jones Industrial Average lost 205 points to end the week at 9931.22, a 2% loss and the lowest finish since October 30. The NASDAQ fell 38 points or 1.7% to 2219 and companies in the 20 Solar Stocks Index (20SSI) slid 14 points to finish today at 321.45, a 4.3% fall.

MarketWatch reports the U.S. added jobs at the fastest rate in a decade but 95% of the 431,000 non-farm jobs came from hires for the 2010 Census. The 41,000 private-sector jobs that were added made the total jobs only slightly better. On another front, a leading official in Hungary revealed that the country is facing a Greece-like sovereign-debt problem.

All stocks in the 20SSI dropped in value. Canadian Solar lead all losers in dropping a whopping 35%.

20 Solar Stocks Index Week of May 24-28, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10136.55	9931.22	-205.33	-2.067%	8952.89	6626.95
NASDAQ	2257.04	2219.17	-37.87	-1.706	1628.03	1293.85
Akeena Solar AKNS	.835	.822	-.013	-1.581	2.28	.61
Amtel Systems ASYS	9.47	9.00	-.47	-5.222	4.00	2.73
Applied Materials AMAT	12.92	12.56	-.36	-2.866	10.67	8.70
Canadian Solar CSIQ	12.95	9.60	-3.35	-34.89	7.00	3.0601
ECD (UniSolar) ENER	5.555	5.06	-.495	-9.782	29.33	17.45
Entech Solar ENSL.OB	.1450	.1350	-.01	-7.407	.28	.23
Evergreen Solar ESLR	.95	.85	-.10	-11.76	3.60	1.03
First Solar FSLR	112.36	109.84	-2.52	-2.294	157.80	108.49
GT Solar Int. SOLR	5.46	5.31	-.15	-2.824	4.00	4.02
JA Solar JASO	4.87	4.58	-.29	-6.331	5.09	1.91
Kyocera KYO	86.79	84.81	-1.98	-1.023	71.87	54.21
LDK Solar LDK	6.07	5.56	-.51	-9.172	14.84	4.40
MEMC Elect. WFR	11.38	10.69	-.69	-6.454	15.76	13.68
Renesola SOL	6.17	5.84	-.33	-5.650	5.15	2.1201
Satcon SATC	2.46	2.2875	-.1725	-7.540	1.60	1.23
SolarFun SOLF	7.46	7.22	-.24	-3.324	6.12	2.30
SunPower SPWRA	13.23	12.89	-.34	-2.637	45.13	23.39
SunTech STP	10.10	9.06	-1.04	-11.47	13.55	5.34
Trina Solar TSL	17.50	16.50	-1.00	-6.060	10.09	7.23
Yingli YGE	9.16	8.84	-.32	-3.619	7.25	3.888
20SSI Weekly Cumulative:	Previous 335.54	Current 321.45	Change -14.09/-4.383%	Avg Stock +6.8%	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.

April 19-23: Dow, NASDAQ Up; Solar Slips

Blue chips' streak best since 2004

Major indexes continued to climb this week. The Dow went up nearly 186 points from last Friday to finish at 11204.28, a 1.7% gain. NASDAQ chimed in with a 49 point surge to end at 2530.15, up 1.9%. The composite 20 Solar Stocks Index fell 4 points to 410.95, off 1.9%, but 13 gained.

Canadian Solar was the biggest loser finishing 3.77 points off from last Friday. The panel maker announced that it expects to incur a material net foreign exchange loss for the first quarter, estimated at $18 million to $20 million pre-tax, due to the significant depreciation of the Euro against the U.S. dollar during the quarter.

As reported by RTT News, CSI now expects PV module shipments in the first quarter of 2010 to be approximately 189 MW to 191 MW, with gross margins at 13% to 13.5%. This compares to prior expectations for shipments of approximately 180 MW to 190 MW and gross margin in the mid-teens.

20 Solar Stocks Index Week of April 19-23, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	11018.66	11204.28	+185.62	+.1.684%	8952.89	6626.95
NASDAQ	2481.26	2530.15	+48.89	+1.970	1628.03	1293.85
Akeena Solar AKNS	1.05	1.14	+.09	+8.571	2.28	.61
Amtel Systems ASYS	9.89	9.95	+.06	+.6066	4.00	2.73
Applied Materials AMAT	14.36	14.47	+.11	+.7660	10.67	8.70
Canadian Solar CSIQ	22.09	18.32	-3.77	-20.57	7.00	3.0601
ECD (UniSolar) ENER	7.23	7.53	+.30	+4.149	29.33	17.45
Entech Solar ENSL.OB	.1350	15.00	+.0150	+15.38	.28	.23
Evergreen Solar ESLR	1.12	1.20	+.08	+7.142	3.60	1.03
First Solar FSLR	134.32	133.87	-.45	-.3361	157.80	108.49
GT Solar Int. SOLR	5.64	5.65	+.01	+.1773	4.00	4.02
JA Solar JASO	5.85	6.08	+.23	+3.931	5.09	1.91
Kyocera KYO	100.53	98.79	-1.74	-1.761	71.87	54.21
LDK Solar LDK	7.76	8.00	+.24	+3.092	14.84	4.40
MEMC Elect. WFR	16.25	15.82	-.42	-2.718	15.76	13.68
Renesola SOL	6.33	7.34	+1.01	+15.95	5.15	2.1201
Satcon SATC	2.79	2.82	+.03	+1.075	1.60	1.23
SolarFun SOLF	8.34	8.74	+.40	+4.796	6.12	2.30
SunPower SPWRA	18.29	18.22	-.07	+.6050	45.13	23.39
SunTech STP	14.43	14.08	-.35	-2.485	13.55	5.34
Trina Solar TSL	26.06	25.67	-.39	-1.519	10.09	7.23
Yingli YGE	12.86	13.11	+.25	+1.944	7.25	3.888
20SSI Weekly Cumulative:	Previous 415.33	Current 410.95	Change -4.38/-1.07%	Avg Stock +1.93%	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.

March 29-April 1: Dow nears 11000; Solar Gaining

Short trading week good all around

After climbing as high to 10956.30, the DJIA ended trading yesterday at 10927.07, up 70.44 since Friday--a .7% gain. The NASDAQ made a miniscule gain of 7.45 points for the week to end at 2402.58, up .3%. The 20 Solar Stocks Index gained 14.06 to finish at 398.65, a 3.65% hop since Friday. All major markets were closed today for Good Friday.

According to MarketWatch, investors were cheered by a drop in jobless claims and an optimistic national manufacturing survey by the Institute of Supply Management. One key analyst with Morgan Stanley Smith Barney said the export side of manufacturing is the strongest since the '80s.

Solar winners were Canadian Solar, SolarFun, and Renesola which also saw remarkable gains last week. The average solar stock in the 20SSI gained just over 2%.

(Stocks are monitored with the use of MarketBrowser, a great trading tool available to anyone at www.MarketBrowser.com.)

20 Solar Stocks Index Week of March 29-April 1, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10850.36	10927.07	+76.71	+.7069%	8952.89	6626.95
NASDAQ	2395.13	2402.58	+7.45	+.3110	1628.03	1293.85
Akeena Solar AKNS	1.04	1.06	+.02	+1.923	2.28	.61
Amtel Systems ASYS	9.80	9.79	_.01	-.1021	4.00	2.73
Applied Materials AMAT	13.21	13.35	+.14	+1.059	10.67	8.70
Canadian Solar CSIQ	22.03	24.06	+2.03	+9.214	7.00	3.0601
ECD (UniSolar) ENER	7.24	7.68	+.44	+6.077	29.33	17.45
Entech Solar ENSL.OB	.1550	.1530	-1.307	-9.032	.28	.23
Evergreen Solar ESLR	1.21	1.13	-.08	-7.079	3.60	1.03
First Solar FSLR	116.50	121.30	+4.80	+4.120	157.80	108.49
GT Solar Int. SOLR	5.37	5.21	-.16	-3.071	4.00	4.02
JA Solar JASO	5.01	5.62	+.62	+12.17	5.09	1.91
Kyocera KYO	98.00	100.88	+2.88	+2.938	71.87	54.21
LDK Solar LDK	7.01	6.55	-.46	-7.023	14.84	4.40
MEMC Elect. WFR	14.68	15.19	+.51	+3.474	15.76	13.68
Renesola SOL	5.61	6.11/TD>	+.50	+8.912	5.15	2.1201
Satcon SATC	2.36	2.40	+.04	+1.694	1.60	1.23
SolarFun SOLF	6.96	7.73	+.77	+9.952	6.12	2.30
SunPower SPWRA	18.22	19.01	+.79	+4.335	45.13	23.39
SunTech STP	14.13	14.20	+.07	+.4953	13.55	5.34
Trina Solar TSL	23.50	24.47	+.97	+4.127	10.09	7.23
Yingli YGE	12.55	12.76	+.21	+1.673	7.25	3.888
20SSI Weekly Cumulative:	Previous 384.59	Current 398.65	Change +14.06/+3.65%	Avg Stock +2.29%	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.

March 1-5: Dow, NASDAQ Up Again; Solar Rallies

Solar index shows 19 of 20 gain for week

There was a general rally of American stocks as recent Labor Department data showed non-farm payrolls fell by 36,000 last month which is far below the 90,000 expected by economists polled by MarketWatch. Unemployment held at 9.7%. slightly better than a 9.8% projection.

The Dow shot up nearly 291 points to finish today at 10566.20, a 2.3% gain. The NASDAQ index 88 points to close at 2326.35, nearly a 4% gain. It was the second consecutive week of gains for both indexes. Nineteen of the 20 Solar Stocks Index saw gains and finished the week at 369.61, a 4.6% surge.

Top winners in solar were Canadian Solar, Evergreen Solar and SunTech. Solar could see a continued rebound as warmer weather gets more of the nation thinking solar power.

20 Solar Stocks Index Week of March 1-5, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10325.26	10566.20	+240.94	+2.333%	8952.89	6626.95
NASDAQ	2238.26	2326.35	+88.09	+3.935	1628.03	1293.85
Akeena Solar AKNS	1.05	1.11	+.06	+5.714	2.28	.61
Amtel Systems ASYS	8.69	8.80	+.11	+1.265	4.00	2.73
Applied Materials AMAT	12.24	12.29	+.05	+.4084	10.67	8.70
Canadian Solar CSIQ	19.12	21.53	+2.41	+12.60	7.00	3.0601
ECD (UniSolar) ENER	7.20	7.88	+.68	+9.444	29.33	17.45
Entech Solar ENSL.OB	.1640	.1780	+.0140	+8.536	.28	.23
Evergreen Solar ESLR	1.12	1.29	+.17	+15.17	3.60	1.03
First Solar FSLR	105.75	108.62	+2.87	+2.713	157.80	108.49
GT Solar Int. SOLR	5.95	5.38	+.57	+10.59	4.00	4.02
JA Solar JASO	5.12	4.96	-.16	-3.225	5.09	1.91
Kyocera KYO	88.94	91.73	+2.79	+3.136	71.87	54.21
LDK Solar LDK	6.19	6.62	+.43	+6.946	14.84	4.40
MEMC Elect. WFR	12.11	12.90	+.79	+6.523	15.76	13.68
Renesola SOL	5.07	5.50	+.43	+8.481	5.15	2.1201
Satcon SATC	2.34	2.28	-.06	-2.631	1.60	1.23
SolarFun SOLF	6.60	6.84	+.24	+3.636	6.12	2.30
SunPower SPWRA	18.75	20.42	+1.67	+8.906	45.13	23.39
SunTech STP	13.26	14.86	+1.60	+12.06	13.55	5.34
Trina Solar TSL	22.00	23.54	+1.54	+1.07	10.09	7.23
Yingli YGE	11.58	12.88	+1.30	+11.22	7.25	3.888
20SSI Weekly Cumulative:	Previous 353.08	Current 369.61	Change +16.53/+4.6%	Avg Stock +6.11%	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.

Jan 11-15: Dow, NASDAQ, Solar Flip Over

Financial sector leads the downturn

After an impressive beginning on Wall Street, 2010 took a header this week, today being the worst day of trading so far. MarketWatch reports J.P. Morgan Chase lead the financial sector with weaker revenues than expected and a poor outlook. The Dow finished the week at 10609.65, off nearly nine points for last Friday, a drop of .08%. The NASDAQ fared worse ending over 29 points down, about a 1.3% slide. The 20 Solar Stocks Index (20SSI) spilled nearly 48 points, an 11% drop since last week.

Intel Corp. led losses in the tech sector and most chip makers took losses as reflected by the Philadelphia Semiconductor Index (SOX), losing 3.44%. Eighteen in the 20SSI were down with Canadian Solar, Trina Solar and Renesola the biggest losers. Several solar companies however, did not lose all that was gained last week, strong as it was. Obviously, weak results for chip makers in general is bad for solar industry wide. Oil futures fell a fifth straight session today as warmer weather--despite the recent eastern cold snap--has created lower demand for heating oil.

20 Solar Stocks Index Week of Jan 11-15, 2010

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10618.19	10609.65	-8.64	-.0804%	8952.89	6626.95
NASDAQ	2317.17	2287.99	-29.18	-1.275	1628.03	1293.85
Akeena Solar AKNS	1.36	1.28	-.08	-6.250	2.28	.61
Amtel Systems ASYS	11.11	10.89	-.22	-2.020	4.00	2.73
Applied Materials AMAT	14.55	13.73	-.82	-5.972	10.67	8.70
Canadian Solar CSIQ	32.68	25.93	-6.75	-26.03	7.00	3.0601
ECD (UniSolar) ENER	12.55	11.27	-1.28	-11.35	29.33	17.45
Entech Solar ENSL.OB	.11	.13	+.02	+18.18	.28	.23
Evergreen Solar ESLR	1.79	1.58	-.21	-13.29	3.60	1.03
First Solar FSLR	139.68	124.07	-15.61	-12.58	157.80	108.49
GT Solar Int. SOLR	5.95	5.73	-.22	-3.839	4.00	4.02
JA Solar JASO	6.62	5.60	-1.02	-18.21	5.09	1.91
Kyocera KYO	91.55	92.38	+.83	+.9066	71.87	54.21
LDK Solar LDK	7.96	7.20	-.76	-10.55	14.84	4.40
MEMC Elect. WFR	15.02	14.25	-.77	-5.403	15.76	13.68
Renesola SOL	5.76	5.10	-.66	-12.94	5.15	2.1201
Satcon SATC	2.75	2.62	-.13	-4.961	1.60	1.23
SolarFun SOLF	10.08	8.48	-1.60	-18.86	6.12	2.30
SunPower SPWRA	25.28	23.62	-1.66	-7.027	45.13	23.39
SunTech STP	18.03	15.57	-2.46	-15.79	13.55	5.34
Trina Solar TSL	61.08	49.43	-11.65	-23.56	10.09	7.23
Yingli YGE	18.10	15.21	-2.89	-19.00	7.25	3.888
20SSI Weekly Cumulative:	Previous 482.01	Current 434.07	Change -47.94/-11.04%	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 21-24: Dow, NASDAQ, Solar All Strong

Market looks to end bullish

Wall Street keeps looking up even though many maintain the worst of the economic downturn is still ahead. The Dow gained over 191 points since Friday's close, nearly a 2% gain. NASDAQ gained 74 and the 20 Solar Stock Index (20SSI) added over 11 points, 3.3% and 2.6% respectively.

MarketWatch says the bulls are out of the gate but nowhere near stampeding. A weekly poll by the American Association of Individual Investors reported that 38% of single investors said they were bullish on stocks for the next six months. This is 19% higher than last March but 13% less than the survey showed in August. The current market rebound is still not close than the 2007 Bull Market but still bodes well in light of the country's current state. The 2009 rebound could continue into next year as investors may hold onto stocks with hopes of recouping some 2008 losses.

Thirteen in the 20SSI gained, a fourth straight positive week for this solar index. Biggest winners included Akeena, Amtel Systems and Canadian Solar. Average solar stocks gained over 3%.

20 Solar Stocks Index Week of Dec 21-24, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	10328.89	10520.10	+191.21	-1.851%	8952.89	6626.95
NASDAQ	2211.69	2285.69	+74	+3.345	1628.03	1293.85
Akeena Solar AKNS	1.24	1.3499	+1099	+8.862	2.28	.61
Amtel Systems ASYS	10.27	11.15	+.88	+8.568	4.00	2.73
Applied Materials AMAT	13.62	14.00	+.38	+2.790	10.67	8.70
Canadian Solar CSIQ	26.78	29.40	+2.62	+9.783	7.00	3.0601
ECD (UniSolar) ENER	10.72	10.52	-.20	-1.901	29.33	17.45
Entech Solar ENSL.OB	.14	.12	+.02	-16.66	.28	.23
Evergreen Solar ESLR	1.52	1.60	+.08	+5.263	3.60	1.03
First Solar FSLR	135.67	133.80	-1.87	-1.397	157.80	108.49
GT Solar Int. SOLR	5.69	5.67	-.02	-.3527	4.00	4.02
JA Solar JASO	5.73	6.05	+.32	+5.584	5.09	1.91
Kyocera KYO	87.00	89.70	+2.70	+3.103	71.87	54.21
LDK Solar LDK	6.85	7.00	+.15	+2.189	14.84	4.40
MEMC Elect. WFR	12.55	12.51	-.04	-.3197	15.76	13.68
Renesola SOL	4.82	5.12	+.30	+6.224	5.15	2.1201
Satcon SATC	2.49	2.62	+.13	+5.220	1.60	1.23
SolarFun SOLF	7.09	7.60	+.51	+7.193	6.12	2.30
SunPower SPWRA	24.41	24.31	-.10	-.4113	45.13	23.39
SunTech STP	16.98	16.71	-.27	-1.616	13.55	5.34
Trina Solar TSL	51.64	54.85	+3.21	+6.216	10.09	7.23
Yingli YGE	15.06	16.21	+1.15	+7.636	7.25	3.888
20SSI Weekly Cumulative:	Previous 438.99	Current 450.39	Change +11.40/+2.596%	Avg Stock +3.283%	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.