Dow just misses Wednesday's 13-month high...
For the second consecutive week the Dow showed strong gains finishing at 10270.47 on Friday, nearly a 2.5% gain. Since Oct. 30 the index has gained a gaudy 558 points. The NASDAQ finished the week slightly stronger at 2167.88, over a 2.6% rise. The 20 Solar Stock Index (20SSI) showed a modest gain of nearly five points, a 1.28% increase over last week.
MarketWatch reports Palm Inc. shares gained 8.3% during the regular trading session on the NASDAQ today and this accounts for about .9% of the index's gain. Palm's stock surge is an anticipation of Sunday's launch of the company's latest smartphone, the Pixi. Palm is working exclusively with Sprint Nextel Corp and the two launched the first webOS device, the Pre, last May. Analysts, says MarketWatch, are optimistic about Palm but suggests its webOS devices should be offered through other mobile carriers to be successful.
The Dow was aided by gains in Disney and Goodyear Tire shares.
Fifteen of the 20SSI stocks were up this week, nudging the index up for a second week. JA Solar, LDK Solar and Yingli showed appreciable gains of 10% or more. Even Applied Materials was up slightly despite announcing 1500 company-wide layoffs this week.
20 Solar Stocks Index Week of Nov 9-13, 2009
|
Monday Open |
Friday Close |
Up/Down |
% Change |
Close 1/5/09* |
Close 3/6/09** |
| Dow Jones DJIA |
10023.42 |
10270.47 |
+247.05 |
+2.464% |
8952.89 |
6626.95 |
| NASDAQ |
2112.44 |
2167.88 |
+55.44 |
+2.624 |
1628.03 |
1293.85 |
|
|
|
|
|
|
| Akeena Solar AKNS |
.93 |
.95 |
+.02 |
+2.150 |
2.28 |
.61 |
| Amtel Systems ASYS |
5.10 |
5.80 |
+.70 |
+13.72 |
4.00 |
2.73 |
| Applied Materials AMAT |
12.40 |
12.72 |
+.32 |
+2.580 |
10.67 |
8.70 |
| Canadian Solar CSIQ |
16.78 |
18.45 |
+1.67 |
+9.995 |
7.00 |
3.0601 |
| ECD (UniSolar) ENER |
11.49 |
10.94 |
-.55 |
-5.027 |
29.33 |
17.45 |
| Entech Solar ENSL.OB |
.1400 |
.1200 |
-.02 |
-16.66 |
.28 |
.23 |
| Evergreen Solar ESLR |
1.42 |
1.48 |
+.06 |
+4.225 |
3.60 |
1.03 |
| First Solar FSLR |
117.93 |
118.30 |
+.37 |
+.3137 |
157.80 |
108.49 |
| GT Solar Int. SOLR |
5.24 |
4.72 |
-.52 |
-11.02 |
4.00 |
4.02 |
| JA Solar JASO |
3.71 |
4.12 |
+.41 |
+11.05 |
5.09 |
1.91 |
| Kyocera KYO |
83.95 |
81.11 |
-2.84 |
-3.501 |
71.87 |
54.21 |
| LDK Solar LDK |
5.74 |
6.39 |
+.65 |
+11.13 |
14.84 |
4.40 |
| MEMC Elect. WFR |
12.66 |
13.07 |
+.41 |
+3.238 |
15.76 |
13.68 |
| Renesola SOL |
3.95 |
4.05 |
+.10 |
+2.531 |
5.15 |
2.1201 |
| Satcon SATC |
2.00 |
1.92 |
-.08 |
-4.166 |
1.60 |
1.23 |
| SolarFun SOLF |
5.12 |
5.59 |
+.47 |
+.0918 |
6.12 |
2.30 |
| SunPower SPWRA |
26.60 |
26.42 |
-.18 |
-.6813 |
45.13 |
23.39 |
| SunTech STP |
12.70 |
13.72 |
+1.02 |
+8.031 |
13.55 |
5.34 |
| Trina Solar TSL |
38.18 |
39.70 |
+1.52 |
+3.981 |
10.09 |
7.23 |
| Yingli YGE |
12.14 |
13.45 |
+1.31 |
+10.79 |
7.25 |
3.888 |
| 20SSI Weekly Cumulative: |
Previous 378.18 |
Current 383.02 |
Change +4.84/+1.28% |
Avg Stock +2.14% |
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 capitization 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.
