Deep Market Thoughts...The Good, The Bad and The Ugly

The Good – Oil, Gold, Food stocks, certain transportation and logistic stocks as a group, but Eric at Blackstar sent me this list of stocks at or within 10 percent of their all-time highs.

GNA TGH IPHS FEED PGH PQ REXX TNS HK BTE BCPCPBT VHI BDE PNY ME SQM KWR SXT HBI LG STLD GGB TWI CIB NFLX IIVI CFFN PRGO SWN PEO CXG GTLS PVD HEW SCL KWK CLRFFIN KSU SID CRK HAL EAC HOS BKE CCH HCN KOP BMI PVA MATW ANR CHK TMP SFY NFG BRY FRO BBG LDR LUK NX HP SSLACI BOKF CWEI OI PXD IMO WW CHRW CSX GLF NSC GIS COG ABN FCL NFX SIAL XEC STR FMC SYT PCX RS PXP EQT R CRZOESV AFL FTI APC AKS XTO RRC EGN ATLS EMN CMP WLT CENX JOYG WLL PETD LUFK WHQ MCF WFT OXY CNX ECA UPL EXC SCHNAGU NEU MT NBL MUR BNI VMI ATW SU DVN BUCY LNN MON EOG UNP MOS APA CLF CF RIG X POT FSLR RTP EXPO NHPSD LIFC FDP BAP CXO FLO HES MA KTII BPT CVA UNF GOLD CEL BTM ECOL DNR FDG MTL PX XCO CPLHGIC CLHB CEDC PPOAXYS GEF EXAC ARA JASO OTTR CHD FRME FMX BCO PBR NUE ATN LSR KEX

There are plenty more.

The Bad – Inflation, denial, complacency, China’s 45 percent fall,

The Ugly – Nokia, General Electric, Banks,

The utter lack of a telecom plan to make mobile better and more functional at a better pace than we have today. Internet commerce has really saved the economy in the last few years, we will need mobile commerce to help drag us out of the deepening abyss (assuming our leaders can form some policioes that stem the fiscal bleeding)

The unknown – Can Google carry the internet market on it’s back….we will know more tonight.

Baidu traders are running Baidu up ahead of the Google news so tonight should be interesting for sure.

Stay Tuned.

Chime in with your thoughts on Google and the markets