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CNBC’s Jim Cramer on Wednesday parsed earnings results from JPMorgan Chase, Wells Fargo, Bank of America

, Citigroup

, which saw losses during the session. He said the numbers were solid, but investors had high expectations and were put off by cautious commentary from management.

“After looking at the numbers, my verdict is that these stocks can keep working this year as long as the economy doesn’t deteriorate from here,” he said. “But they are taking a breather after coming in way too hot.”