Exact(2)
The price of crude oil for May delivery closed at $30.16 on the New York Mercantile Exchange, down 21 cents from Thursday because of profit taking by traders.
He says blue chips have come under pressure because of profit taking, but adds that the fundamentals are still in place to sustain the ongoing rally.
Similar(58)
Have you seen a lot of profit taking?
Talk of profit takes a back seat.
The Dow actually topped the record during yesterday's session, but backtracked because of some afternoon profit taking.
"Most of what we saw today was profit taking".
Profit taking: Sophisticated investors, wary of a bubble, begin reducing their positions and harvesting profits.
Profit taking.
Profit Taking.
And there are many treatments that are taken off the table because of profit motive.
One of the main reasons for the vast antipathy towards Wall Street is because they profited wildly when taking down the economy, and then profited again when the government bailed them out.
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