Charles Blood
Charles Blood
history microsoft split stock success
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.
history microsoft stock
A stock like Microsoft has a history of splitting,
bond data economic increased market oriented past seems several soon stock towards
It seems the stock market is more tuned to the bond market now than it has been in the past several months. As soon as we got oriented towards the bond market, all this economic data increased in significance.
cheap relative stocks terms
Cheap is a relative term. In terms of price-to-earnings ratios, some of these stocks are still high.
clear nice
We are pretty clear into a nice correction,
fed meetings next raising situation six time
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.
key market past period realize straight worst
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.
pessimism seem vulnerable
There doesn't seem to be the overwhelming pessimism that you typically see at a bottom. I think the market's vulnerable on the downside.
blue bullish case catch chips correction highs last later market month particular rest
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.
core holding market
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.
according clear however media moving news tend true trying
These surveys tend to be media responsive, moving according to however the news is going. If you're trying to get true insight, it's not clear that's at all helpful.
believes conditions continued expansion favorable financial longer support
no longer believes that financial conditions are favorable enough to support a continued expansion in p/e ratios.
correction expect market overall percent ultimately
We ultimately expect the overall market to be down...and end up with a correction that totals 10 to 15 percent from the peak.
bull conditions easily excessive fed high instead issue market months rapid six start trees
The trees can go pretty high instead of going to the sky, ... We could easily do another six months of bull market if conditions don't become too excessive and the Fed doesn't become too tight. The issue is how rapid they tighten. If they start doing a quarter-point every six weeks, that's fast. If it's a quarter-point and then nothing for six months that's fine. We can live with that.