Solar Stocks Continue to Follow thru on recent Rally

Solar Stocks Continue to Follow thru on recent Rally

Point Roberts, South Salem, New York- September 17 , 2010 – Investorideas.com, a leader in cleantech stock research tools issues new solar stocks commentary from solar contributor, J. Peter Lynch .

Solar Stocks Commentary with J Peter Lynch –
At InvestorIdeas.com and Renewableenergystocks.com
http://www.renewableenergystocks.com/PL/

As I said in my last article over the past few months the market has been one of those “trendless” markets that can drive investors crazy and make it very difficult to make money. The markets as a whole are still in a longer term down trend but one day the market drops over 100 points and the next it moves up over 200 points, but that is the recent volatility that we will have to learn to live with.
However, quietly behind the scenes the solar sector has continued to come alive and more and more of the solar stocks have been showing strength with 21 of our 22 stocks now above their 50 day moving averages.
As any of you longer term readers know I have always said that two of the keys to successful investing are:
1. Stocks moving above (positive) their 50 day average is a good short term trading tool; and
2. Looking at the relative strength of all of the solar stocks compared to the market will tell you which solar stocks are the “strongest stocks” and therefore which stocks will tend to be the leaders in the next big up move.
The recent action, shown below, clearly shows that the solar sector after dramatically underperforming the major indexes on a year to date basis has dramatically outperformed the major indexes (gained significant relative strength compared to the market) since June 1 2010 by roughly a factor of 5 to 1.
Symbol
Current Price
% change since 6/1/2010
%Change YTD

ASTI
2.96
-1.9868
-44.15

CSIQ
13.09
10.37
-54.58

CSUN
4.38
23.0337
-5.1948

DSTI
1.7
-2.8571
-53.97

EMKR
0.85
-16.5686
-20.4673

ENER
4.89
-4.4922
-53.74

ESLR
0.62
-30.4494
-59.0066

FSLR
144.74
35.13
6.9

JASO
7.36
59.31
29.12

JKS
28.91
179.59
0

LDK
8.2
46.17
16.98

RSOL
2.67
-23.2759
-17.3375

SOL
10.3
87.96
116.39

SOLF
11.7
69.57
53.34

SOLR
7.9
48.5
42.09

SPIR
4.09
18.5507
-23.69

SPWRA
12.33
0.6531
-47.93

STP
8.86
-10.0508
-46.72

TSL
27.94
67.81
3.539

WEST
0.71
-13.7195
-43.4

WFR
11.41
7.845
-16.23

YGE
11.74
31.76
-25.74

Average Gain for solar Stocks
26.49%
-11.08%

Major Indexes

S&P 500
1124.66
5.04
0.86

Dow Jones
10594.83
5.69
1.6

NASDAQ
2303.25
3.64
1.5

Average Gain for Indexes
4.79
1.32

Who really knows the reason why this is happening? Actually it does not matter, all that matters is that it very apparent that the sun is currently shining on the solar segment of the market at this time and that this segment is clearly gaining strength relative to the general market.

Mr. Lynch has worked, for 33 years as a Wall Street security analyst, an independent security analyst and private investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for 17 years to the Photovoltaic Insider Report, an early publication in PV that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He is currently a private investor and has from time to time been a financial/technology consultant to a number of companies. He can be reached via e-mail at: [email protected]. Please visit his website for the promotion of solar energy – www.sunseries.net.
Subscribe to the Peter Lynch solar RSS feed
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com® or any of the industry sector portals. At the time of publication, writers may hold positions in the stocks or companies mentioned.

Showcase solar stock at Investorideas.com:
About XsunX, Inc. – Solar Products for Life on Earth
XsunX, Inc. (OTCBB:XSNX) is working to provide a clean and capital efficient solution for the mass production of the highest efficiency, lowest cost CIGS thin-film solar cells using our new CIGSolar™ technology.
Website: http://www.xsunx.com/
Visit the Company Profile page for XsunX, Inc. (OTCBB: XSNX)http://www.investorideas.com/CO/XSNX/
Visit our showcase green stocks and research green stocks at: www.renewableenergystocks.com and http://www.investorideas.com/GI/

Research other solar with the renewable energy stocks directory; a global stock directory featuring over 1100 green stocks.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
About Our Green Investor content:
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Disclaimer/ Disclosure: XsunX, Inc. (OTCBB: XSNX) is a paid advertising client on Investorideas.com – twenty five hundred per month. Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Learn more www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp
contact:
Dawn Van Zant 800.665.0411 Email: [email protected] or Cali at [email protected] Source: www.RenewableEnergyStocks.com, www.Investorideas.com

Read the original story at Renewable Energy Stocks

Source: