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.

July 13-17: Dow, NASDAQ Soar--Solar Close Behind

Week reverses a three-week drop

It was a rebound week on Wall Street. The Dow saw five consecutive gaining days charging back 597 points to 8743.94, a juicy 7% up from last Friday's close. The NASDAQ rebounded, too, climbing nearly 131 points to finish at 1886.61, over a 7% gain as well. It's the eight consecutive gain for NASDAQ, the best run in over four years. The 20 Solar Stocks Index ascended 22.1 points to end the week at 392.5, nearly a 6% comeback.

Overall solar stocks rose 10.5% with only one of the 20 not gaining ground. Friday's trading cooled down for solar as 14 stocks dropped slightly from yesterday but the last five days stopped a three-week slide.

Analysts say the good Wall Steet week is largely due to strong earnings reports from Intel and IBM and some encouraging news on the economy. After about a three-week drubbing, solar stocks may have been perceived as bargains this week, thus the surge. The energy bill before the Senate will be more of a boon for Big Oil and King Cole, so the rise in solar stocks, to this blogger, should not be attributed to the energy bill in its current form.

Week of July 13-17, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	8146.52	8743.94	+597.42	+7.333%	8952.89	6626.95
NASDAQ	1756.03	1886.61	+130.58	+7.436	1628.03	1293.85
Akeena Solar AKNS	1.14	1.11	-.03	-2.703	2.28	.61
Amtel Systems ASYS	4.73	4.94	+.21	+4.439	4.00	2.73
Applied Materials AMAT	11.00	12.67	+1.67	+15.18	10.67	8.70
Canadian Solar CSIQ	9.82	13.90	+4.08	+41.55	7.00	3.0601
ECD (UniSolar) ENER	12.14	12.98	+.84	+6.92	29.33	17.45
Entech Solar ENSL.OB	.1680	.1700	+.0020	+1.190	.28	.23
Evergreen Solar ESLR	1.99	2.06	+.07	+3.517	3.60	1.03
First Solar FSLR	143.10	144.55	+1.45	+1.013	157.80	108.49
GT Solar Int. SOLR	4.77	5.44	+.77	+14.04	4.00	4.02
JA Solar JASO	3.78	4.48	+.70	+18.52	5.09	1.91
Kyocera KYO	72.83	72.96	+.13	+.1785	71.87	54.21
LDK Solar LDK	8.53	9.22	+.69	+8.089	14.84	4.40
MEMC Elect. WFR	16.61	18.76	+2.15	+12.94	15.76	13.68
Renesola SOL	4.64	5.27	+.63	+13.57	5.15	2.1201
Satcon SATC	1.70	1.79	+.09	-5.294	1.60	1.23
SolarFun SOLF	5.25	6.25	+1.00	+19.05	6.12	2.30
SunPower SPWRA	22.35	23.29	+.94	+4.205	45.13	23.39
SunTech STP	14.35	15.95	+1.60	+11.15	13.55	5.34
Trina Solar TSL	21.27	25.00	+3.73	+17.53	10.09	7.23
Yingli YGE	10.24	11.73	+1.49	+14.55	7.25	3.888
20SSI Weekly Cumulative:	Previous 370.4	Current 392.5	Change +22.1/+5.97%	Avg Stock 10.51%	1/05/09* 415.41	3/06/09** 266.01

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

Dow, NASDAQ, Solar Up, Up, Up

Best day for NASDAQ in nine months

After three dismal weeks of trading in almost every sector, indexes are seeing a healthy reversal so far this week. The Dow closed at 8616.21 today, 470 points above last Friday's close, a 5.76% gain. NASDAQ finished at 1862.9, 107 points above Friday, a 6.09% rise. And the 20 Solar Stocks Index to a 6.23% leap so far, gaining 23.09 points to finish today at 393.49.

It was the highest close for NASDAQ since Oct. 6 and helped in large part by Intel whose second quarter revenue and profits were much better than expected. Intel gained 1.22 finishing at 18.05 today, a 7.2% jump.

All 20SSI solar companies have gained this week but this could be because investors are taking advantage of low stock prices after the shellacking taken by solar over the previous three weeks. Nothing special has happened in the industry but companies from integrators, installers, and manufacturers are starting to write some serious business lately.