Decent jobs report bolsters week... Solar Tops Dow, NASDAQ

Solar Stock Update - Nov 30-Dec 4

David Brands | Solar Advice for Free


While the Dow struggled to a small gain this week, the NASDAQ was up 2.6% and the 20 Solar Stocks Index gained over 30 points to finish at 413.99, nearly an 8% gain since last Friday.


A better-than-expected jobs report from the federal government pushed the Dow up over 180 points earlier today before slipping back to a modest gain of 78.98 to finish at 10388.9.

All but one stock in the 20SSI went up for the week with the average stock price increase at over 8%. Leaders were LDK Solar, Yingli and Satcon. A decent December could beat the year's start of 415.41, a moral victory if nothing else.

20 Solar Stocks Index Week of Nov 30-Dec 4, 2009
  Monday Open Friday Close Up/Down % Change Close 1/5/09* Close 3/6/09**
Dow Jones DJIA 10309.92 10388.90 +78.98/TD> -.7660% 8952.89 6626.95
NASDAQ 2138.44 2194.35 +55.91 +2.614 1628.03 1293.85
           
Akeena Solar AKNS .95 1.00 +.05 +5.263 2.28 .61
Amtel Systems ASYS 6.20 6.59 +.39 +6.290 4.00 2.73
Applied Materials AMAT 12.29 13.32 1.03 +8.380 10.67 8.70
Canadian Solar CSIQ 21.52 23.00 +1.48 +6.877 7.00 3.0601
ECD (UniSolar) ENER 10.15 10.17 +.02 +.1970 29.33 17.45
Entech Solar ENSL.OB .1140 .08 -.034 -42.50 .28 .23
Evergreen Solar ESLR 1.39 1.55 +.16 +11.51 3.60 1.03
First Solar FSLR 120.30 129.62 +9.32 +7.747 157.80 108.49
GT Solar Int. SOLR 4.83 5.01 +.18 +3.726 4.00 4.02
JA Solar JASO 3.83 4.40 +.57 +14.88 5.09 1.91
Kyocera KYO 78.65 83.71 +5.06 +6.434 71.87 54.21
LDK Solar LDK 7.61 8.99 +1.38 +18.13 14.84 4.40
MEMC Elect. WFR 12.06 12.75 +.69 +5.721 15.76 13.68
Renesola SOL 3.85 4.10 +.25 +6.493 5.15 2.1201
Satcon SATC 1.97 2.26 +.29 +14.72 1.60 1.23
SolarFun SOLF 6.39 6.99 +.60 +9.389 6.12 2.30
SunPower SPWRA 20.05 22.31 +2.26 +11.27 45.13 23.39
SunTech STP 14.18 15.39 +1.21 +8.533 13.55 5.34
Trina Solar TSL 44.13 47.44 +3.31 +7.500 10.09 7.23
Yingli YGE 13.37 15.31 +1.94 +14.51 7.25 3.888
20SSI Weekly Cumulative: Previous 383.83 Current 413.99 Change +30.16/+7.86% Avg Stock +8.37% 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.

David Brands San Diego, California
Experienced with commercial and residential photovoltaic systems in Southern California. Knowledgeable with crystalline and thin-film PV technologies with general familiarity of concentrating PV. Occasionally, other energy-saving technologies are deemed worthy of attention. Detailed, fee-based consultations are available on request. Publisher of Solar Advice for Free 

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