Nick Angiletta Step Quotations

It's a lack of conviction to step back in. Everybody was hoping someone would come in on the buy side and find a new short-term bottom but I think we're setting ourselves up for a tough summer.

There's really no catalyst for anyone to step in ? you had a couple of negative comments but there's nothing out this week aside from economic numbers. I think the buyers want to step back in but they're letting the market do its thing.

Volume is not convincing because many investors are not convinced that they should step back into this market and there is very little catalyst to step back in.

What investors are telling us here now is that there really is no catalyst to step back into this market right now. People are waiting for this market to rally or at least stabilize.

There's zero catalyst to step into this market and it is this Fed meeting that has people at a standstill.