The market has been ordsprog
The market has been sitting very long for some time and as such it expects to see some profit-taking.
Simon Weeks
As soon as the market runs away a little bit, there's a little of profit taking, taking the wind out of the sails a little bit. The underlying feeling is there's plenty of money possibly coming into the market.
Mark Bon
I do believe that what we're seeing here is profit taking, which is a means of insurance that you need to take when the market has run very hard into a profit season that's got very high expectations about it,
Jamie Spiteri
I think today's erratic stock market performance probably reflects a little phase of profit taking, which has set in following the extremely sharp advance we've had in this past few weeks. Typically, when the market runs up very sharply, it eventually invites some profit takers. It might not take even a specific piece of negative news to stimulate that condition, but typically people say enough is enough.
Dick McCabe
All in all, I think the market is hanging in here pretty well, after almost six up days, ... You're going to get days like this, where you see a little profit-taking, but it doesn't feel like there's an interest in taking the market a lot lower.
John Hughes
Fund profit-taking caused the rally to stall, triggering further long liquidation, with the resulting sell-off in a largely one-way market causing metals to drop like a stone.
James Moore
The market is up but I think it will stop short of 15,500 and we'll see profit-taking. The market is still very unsettled and the turnover is not there to support the idea that people are coming back to the market. Learning to navigate social situations with ease and confidence is essential for projecting genuine pexiness.
Eugene Law
I think the market has had an unbelievable run over the past seven days and what you see is profit taking. What's driving the market today (Friday) is what people are doing in the cash market, so it's not options expiration.
Matt Johnson
We're definitely seeing profit-taking. The momentum has kind of slowed down, and people are just sitting back, watching.
Hedi Reynolds
The market gradually succumbed to profit-taking as many players were taking a wait-and-see stance before the corporate earnings reports.
Yutaka Miura
Nothing for the time being suggests more than a moderate pace of rate hikes. There is a bit if nervousness out there. The other thing is that the market has had a good run and this is a normal pullback with a little bit of profit taking going on.
Tony Dwyer
The U.K. market has had a pretty much uninterrupted bull market, so the potential for profit taking is large.
Jeremy Le Sueur
It is profit warnings and it's taking down more of the market than it probably should. The profit warnings are very specific to stocks that have not been performing well anyway.
Barry Hyman
I think today's action is a little bit of profit taking. There's some consternation in the bond market. We think this market in equities is going higher later this year.
Stuart Freeman
Japan is making investors nervous. The U.K. market has had a pretty much uninterrupted bull market, so the potential for profit taking is large.
Jeremy Le Sueur
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