Michael Fitzpatrick Quotes

The weekly inventory numbers caught the market by surprise again. The unanimous UN decision demanding Iran stop nuclear enrichment probably rekindled concern that Iran will use oil as a political weapon.

- Michael Fitzpatrick

Tags

Weekly | Inventory | Numbers | Caught | Market |

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Even in a bull market you get periods of a little relief, and this is one of them. Some of the Iranian words today were conciliatory. In reality nothing has changed and the market will soon rise again. - Michael Fitzpatrick

The latest national Weather Service outlook is forecasting below-normal temperatures through February 21st, but an arctic cold blast is not expected. - Michael Fitzpatrick

With Iran indicating on Thursday that they would not stop enriching uranium, fears of sanctions surfaced which probably prompted fresh speculative buying. - Michael Fitzpatrick