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
The content & opinions in this article are the author’s and do not necessarily represent the views of AltEnergyMag
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