TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said banks are the best place to be.
"They're just way too cheap," Cramer said, referring to JPMorgan Chase (JPM) , Citigroup (C) and Goldman Sachs (GS) , key holdings of Cramer's charitable trust Action Alerts PLUS.
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Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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