Tom Schrader Few Quotations

Given the severity of the downturn, I would think we'll get a little more of a bounce over the next few weeks, but I wouldn't expect much beyond that. I think it's going to be a long, hot summer.

I think this choppiness is definitely going to continue over the next few months. The Street is very indecisive about what the economy is going to do, what the Fed is going to do.

Every indicator I look at shows that we're just really overbought right now, ... I would look for the indexes to suffer some more profit taking over the next few weeks.

Every indicator I look at shows that we're just really overbought right now. I would look for the indexes to suffer some more profit taking over the next few weeks.

Economic numbers this morning were very story and could give the Fed more ammo to possibly continue their rate hikes past May. Most of the numbers we've seen over the past few weeks have been stronger than expected.