22 Quotes by Owen Fitzpatrick

Since it's a quiet day in economic news, I think retail sales numbers are the big story out there today, and they seem to be a little disappointing, especially clothing store sales.

But there is going to be a little skittishness going into tomorrow.

Growth going forward is becoming the big issue for stock investors. Things are still OK on the earnings front, but some companies are beginning to be more conservative with their guidance.

Oracle, in terms of earnings, is influencing the market.

And we're still seeing profit taking in some of the higher-multiple names such Apple. Money is also flowing out of the energy sector once again as it has done throughout the week.

Energy is trading off a bit, and I think that helps the other sectors in terms of it alleviates a cost for a lot of companies. Health care is doing well on the back of Bristol-Myers news, and also Boeing (is) getting another order.

There was a little concern over some of the comments made by one of the Fed presidents.

Things have slowed down, but it's still positive growth. We think they'll raise rates tomorrow, and one more time before year-end.

The risk is definitely on the inflation front and its implication for rates.