I have been watching the solar sector for a while now and am very bullish on it. I recently bought Suntech Power Holdings (NYSE:STP) and like SunPower (NASDAQ:SPWR) and Evergreen Solar (ESLR) as well. Although, the solar sector can see a lot of volatility, I see Solar power as the future and will be managing my solar holdings actively until they stabilize.
One thing I wanted to do was to track the solar stocks with the price of Oil and the general market conditions. So starting this week I am going to publish a chart every Sunday showing the Week-over-Week price change in solar stocks vis-a-vis oil prices.
So let’s see the price action for week ending October 27th, 2006: