34 Quotes by Charles Blood
- Author Charles Blood
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We're caught in a sort of psychological trap here and sometimes to get out you've got to go down first.
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We are now on are way back to new highs, ... The key thing to realize is we're past the worst. The market is not going to go up in a straight line, but the worst period is over.
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The particular bullish case for the blue chips here is that they've really had a correction over the last month or so, ... I look for the blue chips to catch up with the rest of the market and make new highs later this month.
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But the market is not cheap, ... So if you're playing, what should you be playing? GE, I think, is a core holding in anybody's portfolio.
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We ultimately expect the overall market to be down...and end up with a correction that totals 10 to 15 percent from the peak.
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We have decent economic growth, but the Fed's tightening, ... Earnings should be good, but rising interest rates are putting a little bit of pressure on valuation. All that nets out to a higher market, but not every day and every week.
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A stock like Microsoft has a history of splitting. It's not the split that makes Microsoft a success. It's the success that makes the split.
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A stock like Microsoft has a history of splitting,
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During an election year, the Fed likes to stay out of the headlines.
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