Dow, NASDAQ Rise; Solar Stocks Soar
SOLAR STOCK WRAP-UP
|Dow, NASDAQ Rise; Solar Stocks Soar|
May 26-29: Yingli, Canadian Solar and Suntech up over 30%
David Brands - Solar Advice for Free
The DJIA packed on 223 points ending at 8500.33, a 2.7% rise. NASDAQ did even better gaining 82+ to 1774.33 points, a 4.8% jump for the week. Eighteen stocks of the 20 Solar Stocks Index (20SSI) gained making the total average increase over 13%.
Week of May 26-29, 2009
Yingli (YGE), Canadian Solar (CSIQ) and Suntech (STP), were the biggest gainers of the index. Strangely, First Solar, the industry's darling for awhile now was one of two losers dropping just .75%. The other was not unusual: Entech Solar dropped a tidge again but not much should be expected from a company that does not make or install anything at this time.
Be sure to check Solar Advice for Free for weekly updates every Friday afternoon.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
The content & opinions in this article are the author’s and do not necessarily represent the views of AltEnergyMag
This post does not have any comments. Be the first to leave a comment below.
Post A Comment
You must be logged in before you can post a comment. Login now.