Thursday, May 17, 2012

THURSDAY CLOSE

(stock #'s in %)

Market down 156/60/19. Volume heavy. Oil down to $92.50. Options Friday tomorrow. All indeces now under top 200-day lines. Fitch downgraded Greece. Commerce Dept put 31% import duty on Chinese solar. Will that spark a trade war?

BLDW up 42. ECOS up 30, bounce back to bottom (50) line. CRGE up 19. NTCXF up 18, bounce off top 3 lines. IFXY up 15. SPWR up 10 on Chinese tariff news and contract for Apple's data center. FSLR was up. ZNNMF up 9, a 37% gain from day's bottom. Fell through 2 lines, then ended above all lines.

CGYV down 50 on 2K shs. AMLM down 31. WWPW down 30 on nominal volume. BOPO down 22. AEHI down 20. JASO, PTOS down 16. JASO on the solar tariffs, the worst Chinese solar hit. A new low. GTAT, CCGI down 15. GTAT a new low after reporting late yesterday. PSPW down 13. LSCG, FCEL down 12. LSCG so far spurned by 200-day lines. 20 more cents down will bring them back to 50-days. FCEL pretty much back to where they started the year, then doubled by mid-March. PANL down 10. NFEC down 9. CLNT down 8 more. NENE down 6, falling through top 200-day line.

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