The Dow, NASDAQ, 20SSI still up from August
MarketWatch reports that the nearly six-month surge in stocks is a concern the market might have overextended the current financial environment forcing some companies into the red. These include Caterpillar and American Express while Research in Motion lead tech companies into red ink.
The Dow lost 155 points for the week and NASDAQ nearly 42, a 1.6% and 2% slide respectively. The 20 Solar Stocks Index dropped 12.26 points, a 2.8% dip.
Numerous economic reports this week showed disappointing data for durable-goods order and new home sales were the main cause, says MarketWatch, for the market's slip.
All but one stock in the 20SSI were down although the index overall is well ahead of the August close. Either investors cashed out their short-term gains or feel edgy themselves about the overall rapidity of market gains since March. Paranoia strikes deep...
20 Solar Stocks Index Week of September 21-25, 2009
| Monday Open |
Friday Close |
Up/Down |
% Change |
Close 1/5/09* |
Close 3/6/09** |
| Dow Jones DJIA |
9820.20 |
9665.19 |
-155.01 |
-1.603% |
8952.89 |
6626.95 |
| NASDAQ |
2132.86 |
2090.92 |
-41.94 |
-2.005 |
1628.03 |
1293.85 |
|
|
|
|
|
|
| Akeena Solar AKNS |
1.23 |
1.17 |
-.06 |
-5.128 |
2.28 |
.61 |
| Amtel Systems ASYS |
5.50 |
5.34 |
-.16 |
-2.996 |
4.00 |
2.73 |
| Applied Materials AMAT |
13.03 |
13.10 |
+.07 |
+.5372 |
10.67 |
8.70 |
| Canadian Solar CSIQ |
17.62 |
16.74 |
-.88 |
-5.256 |
7.00 |
3.0601 |
| ECD (UniSolar) ENER |
13.53 |
11.99 |
-1.54 |
-12.84 |
29.33 |
17.45 |
| Entech Solar ENSL.OB |
.1800 |
.1770 |
-.0030 |
-1.695 |
.28 |
.23 |
| Evergreen Solar ESLR |
1.88 |
1.86 |
-.02 |
-1.075 |
3.60 |
1.03 |
| First Solar FSLR |
156.15 |
152.87 |
-3.28 |
-2.145 |
157.80 |
108.49 |
| GT Solar Int. SOLR |
5.86 |
5.69 |
-.17 |
-2.987 |
4.00 |
4.02 |
| JA Solar JASO |
4.60 |
4.04 |
-.54 |
-13.86 |
5.09 |
1.91 |
| Kyocera KYO |
89.37 |
92.46 |
-3.09 |
-3.457 |
71.87 |
54.21 |
| LDK Solar LDK |
9.39 |
8.83 |
-.56 |
-6.342 |
14.84 |
4.40 |
| MEMC Elect. WFR |
18.90 |
17.29 |
-1.61 |
-9.311 |
15.76 |
13.68 |
| Renesola SOL |
6.00 |
5.38 |
-.62 |
-11.52 |
5.15 |
2.1201 |
| Satcon SATC |
1.90 |
1.80 |
-.10 |
-5.555 |
1.60 |
1.23 |
| SolarFun SOLF |
6.43 |
5.80 |
-.63 |
-10.86 |
6.12 |
2.30 |
| SunPower SPWRA |
33.09 |
30.53 |
-2.56 |
-8.385 |
45.13 |
23.39 |
| SunTech STP |
16.96 |
15.75 |
-1.21 |
-7.682 |
13.55 |
5.34 |
| Trina Solar TSL |
31.45 |
31.45 |
NC |
NC |
10.09 |
7.23 |
| Yingli YGE |
14.05 |
12.60 |
-1.45 |
-11.51 |
7.25 |
3.888 |
| 20SSI Weekly Cumulative: |
Previous 447.12 |
Current 434.86 |
Change -12.26/-2.8% |
Avg Stock -5.697% |
1/05/09* 415.41 |
3/06/09** 266.01 |
* The starting date of the 20 Solar Stock Index (20SSI).
** The Consensus "new" bull market began on Monday, March 9, 2009.
NOTE: All above stocks have market capitalization of $100M+ except Akeena Solar, Amtel Systems
and En tech Solar. This listing is strictly informational and implies neither endorsement or disapproval
of any stock listed. Comments and suggestions are always welcome.
