30 Quotes by Charles Crane

We've seen very satisfactory earnings growth. There's a hope that the Fed is close to the end of its tightening campaign.

We've seen a lot of jumping around in stocks the last three or four sessions, and I think we'll see more of the same next week.

Second quarter earnings are very likely to be satisfactory in aggregate. A number of visible companies have warned of disappointments, but they are the exception rather than the rule. Earnings growth will probably be in the high-teens range when everything is tallied up.

Of course I'll look at it; it will be useful information.

Next week I'm keeping my fingers crossed that the bulls will come back from the beach and do a little buying.

News of some sort of explosion over in the Middle East was conveniently coincidental with the market downturn, so I've got to think that had something to do with it.

If the Fed is on the warpath with an eye to slowing the economy and trying to blunt inflation before it becomes a problem, by slowing the economy the Fed is hoping to address any imbalances between supply and demand, specifically for labor. It feels to me like the market is starting to look beyond the impact of the Fed and setting ourselves up for a second half where the wrestling match will not be between interest rates and valuations but rather between earnings and valuations.

I think we could re-write the book a little bit. The other sort of traditional way of looking at the market is that you get a summer rally. And I suspect that we will get a positive bias to this market at some point in time over the next couple of months. However, I do think that you're probably in that quieter period for news and developments in the technology sector.

I think that we are seeing some terrific earnings coming out of the technology sector here in the second quarter. The reality is that earnings are going to remain good in the second half of the year. The question on everybody's mind is are they going to be good enough to meet expectations.