Alternative energy stocks closed on the downside as oil dropped sharply again today to close at $109.71. The ensuing drop in the oil sector killed an early Dow rally and the Index ended the day down .23% at 11,516.92.
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LITHIUM-ION STOCKS – Visit our Lithium-ion Stock Page – Your source for Lithium-ion stocks
Lithium-ion stocks closed narrowly on the downside today with decliners edging out advancers by 7 to 6.
General Motors (NYSE: GM) was the top gainer closing up 6.5% at $10.65 as CNBC floated the possibility of a resurgence in SUV sales as oil prepares to dip below $100. One can’t help but wonder if American’s really are that stupid.
Hybrid Technologies (OTCBB: HYBR) was another leading performer in the lithium ion sector closing up 3.64% at $2.85.
Ener1 Inc. (Amex: HEV) lost more than any other lithium ion stock today closing down 4.42% to close at $7.13.
Honda Motor Company (NYSE: HMC) was another significant decliners falling 3.72% to end the day at $31.35.
NUCLEAR ENERGY STOCKS - Visit our Nuclear Energy Stocks Page – Your source for solar energy
Nuclear energy stocks lost across the board without a single advancer today.
Uranium Energy Corp (Amex: UEC) had the best day of all nuclear energy stocks closing up 5.35% at $1.97.
NRG Energy Inc (NYSE: NRG) led the decliners losing only 1.98% to close at $38.11.
GEOTHERMAL STOCKS - Visit our Geothermal Stock Page - Your Source for geothermal stocks
Geothermal stocks narrowly kept their upward trend alive today as advancers edged out decliners by 4 to 3.
USEC Inc (NYSE: USU) was the top loser among the nuclear issues as the stock ended the session down 6.42% at $5.39.
Cameco Corporation (NYSE: CCJ) was the other significant loser among the nuclear stocks closing down 6.08% to end the day at $28.25.
WIND ENERGY STOCKS - Visit our Wind Energy Stocks Page – Your source for wind energy stocks
Wind energy sector had one gainer worth acknowledging while compiling a total of 9 losers..
Wind Energy America (OTCBB: WNEA) had a respectable day closing up 3.45% at $.30 on solid volume.
Nacel Energy Corp (OTCBB: NCEN) ended its run in glorious fashion as profit takers hammered the stock down 33.33% to close at $1.20. Watch for a rebound tomorrow or perhaps…. well just keep an eye on this volatile stock. Day traders have to be loving this one.
Juhl Wind Inc (OTCBB: JUHL) also had a noticibly down day as the stock finished down 5.28% at $3.77.
Vesta Wind Systems (Pink Sheets: VWSYF) also had a rough start for September by closing down 4.95% at $129.94 on about three times normal volume.
SOLAR ENERGY STOCKS - Visit our Solar Energy Stock Page – Your source for solar energy stocks
Solar energy stocks was had only two noteworthy gainers besides 13 decliners.
Biosolar Inc (OTCBB: BSRC) managed to make upward progress in a down market as its stock closed up a respectable 5.88% at $.36 on slightly less than average volume.
Ascent Solar Technologies (Nasdaq: ASTI) was the top loser today with its stock declining 7.75% to $8.45.
FUEL CELL STOCKS - Visit our Fuel Cell Stocks Page – Your source for solar energy stocks
The fuel cell sector also closed down with decliners leading advancers by 8 to 2. .
Quantum Fuel Systems Technologies Worldwide Inc (Nasdaq: QTWW) held on to a gain by the narrowest of margins after a strong start to the day. The finished up $.01 at $1.77.
Mechanical Technology Inc (Nasdaq: MKTY), on the other hand, got slammed early and often to end up down 11.37% at $1.95. Their move down to the capital markets seems to have been poorly received by the shareholders.
FuelCell Energy Inc (Nasdaq: FCEL) was another fuel cell stock posting significant moves to the downside as their stock lost 7.78% to close at $6.40. .
BIOFUEL STOCKS - Visit our Biofuel Stocks Page – Your source for biofuel stocks
The Biofuels sector went 9 down and only one up today to finish our report. Not surprising considering the Republicans removed mandatory ethanol levels from their platform as questions keep circulating about the economic viability of food for fuel.
Valcent Products (OTCBB: VCTPF) couldn’t have cut it any closer as their stock finished up just $.003 at $.583. Still, a win is a win and a lot better than a loss.
Bluefire Ethanol Fuels, Inc (OTCBB: BFRE) didn’t make it close however as it led the decliners by finishing down 14.29% to close at $3.00… again.
Nova Biosource Fuels, Inc. was another noteworthy decliners with their stock finishing today’s session down 6.53% at $.30.
