July 20-24: Solar Surpasses Dow, NASDAQ

Overall market sees second straight great week

The 20 Solar Stocks Index (20SSI) gained 65.5 point to finish at 458 points this week, a 16.69% increase from last week. The solar index outperformed both the Dow Jones Industrial Average and NASDAQ which finished with considerable gains of their own.

The Dow finished above 9000 points for the first time since January 2 with a rise of nearly 350 points. Added to last week, the DJIA has rocketed 947 points since July 10. The Dow has gained nine of the last ten trading days. Percentage-wise the Dow and NASDAQ have run neck-and neck in the past two weeks. Good quarterly earnings reports from many public companies has added more summer sunshine on Wall Street.

Solar stocks were lead this week by SunPower surging a gawdy 8.75 points to finish today at 32.04 a share, nearly a 38% rise. LDK Solar, Solarfun, SunTech, Trina Solar and Yingli all rose in the 20-30% range. Only MEMC Electrical failed to gain for the week albeit down a measily 2 cents per share.

Reuters reported today that SunPower just announced better-than-expected earnings while China's LDK Solar raised its sales forecast. The other large gainers, said Reuters, likely came on the coattails of the SunPower and LDK surges.

Week of July 20-24, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	8743.94	9093.24	+349.30	+3.994%	8952.89	6626.95
NASDAQ	1886.61	1965.96	+79.35	+4.205	1628.03	1293.85
Akeena Solar AKNS	1.11	1.41	+.30	+27.03	2.28	.61
Amtel Systems ASYS	4.94	5.56	+.62	+12.55	4.00	2.73
Applied Materials AMAT	12.67	13.19	+.52	+4.104	10.67	8.70
Canadian Solar CSIQ	13.90	15.57	+1.67	+12.01	7.00	3.0601
ECD (UniSolar) ENER	12.98	15.22	+2.44	+17.25	29.33	17.45
Entech Solar ENSL.OB	.1700	.1900	+.0200	+11.760	.28	.23
Evergreen Solar ESLR	2.06	2.34	+.28	+13.59	3.60	1.03
First Solar FSLR	144.55	169.43	+24.88	+17.21	157.80	108.49
GT Solar Int. SOLR	5.44	6.16	+.72	+13.23	4.00	4.02
JA Solar JASO	4.48	5.32	+.84	+18.75	5.09	1.91
Kyocera KYO	72.96	78.83	+5.87	+8.045	71.87	54.21
LDK Solar LDK	9.22	11.81	+2.59	+28.09	14.84	4.40
MEMC Elect. WFR	18.76	18.74	-.02	-.0011	15.76	13.68
Renesola SOL	5.27	6.20	+.93	+17.64	5.15	2.1201
Satcon SATC	1.79	1.80	+.01	+.5586	1.60	1.23
SolarFun SOLF	6.25	7.50	+1.25	+20.00	6.12	2.30
SunPower SPWRA	23.29	32.04	+8.75	+37.57	45.13	23.39
SunTech STP	15.95	20.49	+4.54	+28.46	13.55	5.34
Trina Solar TSL	25.00	31.10	+6.10	+24.40	10.09	7.23
Yingli YGE	11.73	15.10	+3.37	+28.73	7.25	3.888
20SSI Weekly Cumulative:	Previous 392.5	Current 458.0	Change +65.5/+16.69%	Avg Stock +17.05%	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.

June 8-12: Dow, NASDAQ Squeak Up; Solar Beats 'Em

Akeena Solar, Evergreen and LDK biggest gainers

Although the DJIA gained only .04% for the week it logged the biggest 14-week gain since 1975. The NASDAQ index was up only .005% but is now 14% above its January 5 close and 44% higher than its woeful 1293.85 close on March 6. The 20 Solar Stock Index (20SSI) is up 12% and 75% respectively for the same dates.

Akeena Solar (AKNS) was over 27% up from last week in near-record trading. Akeena was given the 2009 Industry Innovator Award June 8 from Solar Energy Industries Assn. Akeena's Andalay AC system is the industry's first plug-and-play PV system for homeowners and small businesses.

Evergreen Solar (ESLR), up nearly 38% this week, makes a proprietary String Ribbon technology that grows thin strips of multi-crystalline silicon which are then cut into wafers. The method makes wafers cheaper producing higher margins. With crude oil prices climbing again, this advanced chip-making process bodes well for Evergreen.

LDK Solar (LDK), a major Chinese silicon wafer manufacturer, gained over 34% possibly on the increasing seriousness of the Chinese government in solar power. This, added to crude prices rising and lending/financing problems easing points to silicon wafer manufacturing as key to meeting the potential burgeoning demand.

Week of June8-12, 2009

	Monday Open	Friday Close	Up/Down	% Change	Close 1/5/09*	Close 3/6/09**
Dow Jones DJIA	8763.13	8799.26	+33.13	+.0412%	8952.89	6626.95
NASDAQ	1849.42	1858.80	+9.38	+.0507	1628.03	1293.85
Akeena Solar AKNS	1.24	1.58	+.34	+27.41	2.28	.61
Amtel Systems ASYS	5.07	5.71	+.64	+12.62	4.00	2.73
Applied Materials AMAT	10.98	11.23	+.25	+2.276	10.67	8.70
Canadian Solar CSIQ	15.70	14.62	-1.08	-7.37	7.00	3.0601
ECD (UniSolar) ENER	17.16	17.82	+.66	+3.846	29.33	17.45
Entech Solar ENSL.OB	.19	.2021	+.0121	+6.368	.28	.23
Evergreen Solar ESLR	1.90	2.62	+.72	+37.89	3.60	1.03
First Solar FSLR	182.10	183.80	+1.70	+.0093	157.80	108.49
GT Solar Int. SOLR	6.30	6.89	+.59	+9.360	4.00	4.02
JA Solar JASO	5.13	5.67	+.54	+10.52	5.09	1.91
Kyocera KYO	76.89	76.94	+.05	+.0065	71.87	54.21
LDK Solar LDK	9.31	12.50	+3.19	+34.26	14.84	4.40
MEMC Elect. WFR	19.79	20.16	+.37	+.0186	15.76	13.68
Renesola SOL	6.21	6.59	+.38	+6.119	5.15	2.1201
Satcon SATC	2.25	1.76	-.49	-27.84	1.60	1.23
SolarFun SOLF	8.14	7.72	-.42	-5.440	6.12	2.30
SunPower SPWRA	31.57	31.90	+.33	+.0104	45.13	23.39
SunTech STP	17.11	18.17	+1.06	+6.195	13.55	5.34
Trina Solar TSL	27.35	24.86	-2.49	-9.613	10.09	7.23
Yingli YGE	14.91	13.76	-1.15	-8.357	7.25	3.888
20SSI Weekly Cumulative:	Previous 459.30	Current 464.50	Change +5.2/+1.1%	Avg Stock +5.05%	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.