Stocks in the near-term don't offer enough potential gains to be buying, Stephen Weiss of Short Hills Capital said Friday.
"I'm still not putting my trading positions back on. Next week is a critical week. But to me, it only affects the short term," he said. "It's not going to affect whatever happens, jobs number, what the ECB does – which I don't think they're going to do much of anything – and earnings coming out'll be more of the same.
"So, the market's just tired," he said. "It's got to pause."
On CNBC's "Fast Money," Weiss added that the stocks in his portfolio were "fairly fully valued"
(Read more: 'You can't bet against' Amazon.com, Mike Murphy says)
"You really have to believe the market's got another leg up right here, right now to be in those names," he said.
Rosecliff Capital's Mike Murphy said that he was looking for entry points on a pullback.
"If I see an opportunity to add to the financials, I'm going to stick with what's been working, and I'm going to add to core positions," he said.