Profit-Taking Is Kicking In: Here Are Some Names on My Shopping List Study those charts and be ready to act as things develop. Feb 05, 2021 | 11:19 AM EST Opening strength Friday morning has been met with steady selling in many of the small-cap stocks that have been leading recently. Breadth is still excellent at better than 2 to 1 positive, and over 750 stocks hit new 12-month highs, but it looks like traders are in the mood to lock in some gains as they finish up an excellent week for stock-picking. The stocks that led Thursday are lagging badly Friday, but it doesn't look like there is any rush for the exits. It is just some profit-taking and cutting of exposure. I expect many of these names to set up quite well again after a bit of rest.