On the Radar

On the radar for this week are stocks in the Solar Energy Sector. The (TAN) Claymore Mac Global Solar Energy Index has been moving to the upside due to the rise in the price of oil over the past week. We may continue to see an increase in the price of oil in the short term so therefore attention must be paid to solar stocks. The stocks on the solar energy read include (FSLR) First Solar the leader of the pack followed by (SPWRA) Sun Power Corporation, (SOLF) Solar Fun, (ESLR) Evergreen Solar, (SOLR) GT Solar International, (AKNS) Akeena Solar, (ASTI) Ascent Solar Technologies, (CSUN) China Sun Energy and (CSIQ) Canadian Solar to name a few. The Claymore Mac Global Solar Energy Index (TAN) ended the week trading on the upside to end the week trading at $9.27 up $1.46 or 18.69 percent on 1.6 million trading volume.