A trickle of confidence in the markets returned in July. U.S. andEuropean stocks recovered much of the losses of earlier months showingdefinite but slow growth while dumping gold and U.S. dollar as a result.
The Dow finished at 10465.94, a gain of 41 points or .4% since last Friday. The NASDAQ slipped 15 points to 2254.70, a .65% loss. Stocks in the 20Solar Stocks Index (20SSI) fell 29 points to 348.76, over an 8% drop for the week.
Satcon, a solar inverter maker, gained 24% to be theweek’s biggest gainer. MEMC, a chip maker, slid over 22% to be thebiggest loser of the 20SSI for the week. On July 2, the 20SSI finishedat 333 then hit a high of 363 on July 9, then continued to slip the next three week to finish at today’s 349.
20 Solar Stocks Index Week of July 26-30, 2010
|Monday Open||Friday Close||Up/Down||% Change||Close 1/5/09*||Close 3/6/09**|
|Dow Jones DJIA||10424.62||10465.94||+41.32||+.3963%||8952.89||6626.95|
|Akeena Solar AKNS||.83||.83||NC||0||2.28||.61|
|Amtel Systems ASYS||10.32||10.08||-.24||-2.380||4.00||2.73|
|Applied Materials AMAT||12.51||11.80||-.71||-6.016||10.67||8.70|
|Canadian Solar CSIQ||13.74||12.10||-1.64||-13.55||7.00||3.0601|
|ECD (UniSolar) ENER||5.00||4.84||-.16||-3.305||29.33||17.45|
|Entech Solar ENSL.OB||.12||.12||NC||0||.28||.23|
|Evergreen Solar ESLR||.698||.66||-.038||-5.757||3.60||1.03|
|First Solar FSLR||139.99||125.45||-14.54||-11.59||157.80||108.49|
|GT Solar Int. SOLR||6.71||6.48||-.23||-3.549||4.00||4.02|
|JA Solar JASO||6.35||5.95||-.40||-6.722||5.09||1.91|
|LDK Solar LDK||6.70||6.53||-.17||-2.603||14.84||4.40|
|MEMC Elect. WFR||11.68||9.56||-2.12||-22.17||15.76||13.68|
|Trina Solar TSL||24.35||21.74||-2.61||-12.01||10.09||7.23|
|20SSI Weekly Cumulative:||Previous 377.97||Current 348.76||Change -29.21/-8.375%||Avg Stock 6.09%***||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.
*** Starting 6/11/10: In order to arrive at a truer stock gain/losspercentage, stocks with the highest percentage gain and worst drop areeliminated from the average.
NOTE: All above stocks have market capitalization of $100M+ except Akeena Solar, Amtel Systems
and Entech Solar. This listing is strictly informational and impliesneither endorsement or disapproval of any stock listed. Comments arealways welcome.
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