Cheap is a relative term. In terms of price-to-earnings ratios, some of these stocks are still high.
More Quotes from Charles Blood:
But stock strategists remained fairly optimistic, that the volatility that sent blue chips within grasp of a three-month low last week created buying opportunities. 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.Charles Blood
It's just a matter of time until we cross 5,000.
Charles Blood
When the time comes for the Fed to have these meetings over the next six months, the situation will look different and they will actually keep raising rates.
Charles Blood
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.
Charles Blood
I think we're going at least up to the old highs by the middle of September. I think this is still basically a big-cap, blue chip market.
Charles Blood
Readers Who Like This Quotation Also Like:
Based on Keywords: price-to-earnings, ratiosIf God is watching us, we might as well be interesting.
Solomon Short
Do your bit to save humanity from lapsing back into barbarity by reading all the novels you can.
Richard Hughes
Beauty always promises, but never gives anything.
Simone Weil