Keep in mind most people are now working into the next quarter. The window dressing that has been powering the market may be gone.
More Quotes from Richard Cripps:
There is an underlying bullish tone. We continue to see the action on the downside, in terms of force, to be not as great as what it's been on the upside. (The reports) didn't really change anything.Richard Cripps
Between October and March, the Nasdaq has almost doubled in price. Even these companies that have been cut in half are still three or four times more than they were a year ago.
Richard Cripps
This was a good, constructive quarter. The market overcame two problem areas the Fed raising interest rates and high oil prices.
Richard Cripps
We have good optimism out there and that's always the time to think about what dark clouds are out there.
Richard Cripps
We've set up a situation where a 25 basis point (a quarter percentage point) cut is good but you're looking at a market that's desperate.
Richard Cripps
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