Most energy stocks look terrible right now, but at the same time its hurting many alternative energy stocks as well. You haven’t seen me mention CPST or DAR or several others in awhile here, because nothing is showing as a good play. In fact, most are showing up on the “its time to short” list.

In my opinion…stay away for now, or if you’re an investor, it might be a place to buy something you believe in. I’m a trader though and I’ll wait till things turn in my favor.

FCEL - Been in and out of this one before and it looks like its trending higher even with the big move off the bottom.

BLDP - Maybe a new trend starting here.

ITRI - Has consolidated nice at the top of the range.

ELON - Has turned the corner after a hefty pull back.

CPST - Can’t forget about my beloved CPST.

Bought POWI today.

I also forgot to mention here that I picked up CPST as well @ 2.01 a few days ago. CPST closed up to a new minor 52 week high.

I talk alot about CPST on this blog, but CPST did breakout above the $2 mark today on good volume.

You can see the marks on the chart is where I posted it last time as a breakout back on December 8th 2007.

CPST continues the breakout.

Here is an updated chart. The original chart posted on Dec 8th - 18%.