Thursday, October 29, 2009

Solar Stocks Sag in Sympathy With First Solar Results (ENER; FSLR; KWT; SPWRA; TAN; TSL; YGE)

The big dog is down $22.30 with half an hour to go before the market opens.
U.S. solars SunPower and Energy Conversion Devices are down 2/3% and 7/10% respectively.
Chinese solars Suntech, Trina and Yingli are flat to down with bull market standout Trina down the most, 1.1%.
The solar ETF TAN is showing up 10%, which, if it's a good print should offer an arb. The other solar ETF, KWT, hasn't traded.