It's hard to be in volatile names during a pullback. I am not getting out of the market but did take cash out some profit for a real estate investment (about 10-15% of portfolio).
I fully sold out of LC on Friday given huge run up, doubled my money/account on that play. Need to wait for consolidation. I wish I was in a related play today - AFRM! It's up 28% in aftermarket. Gotta love fintechs!
I consolidated Friday into GOOGL as my number 1 position, feel good about it although down a bit today. It breached $3000 twice in the last week, third time I think we punch through and run into $3200 by year end and next earning in new year.
AMZN looks like it wants to hit ATH above $3700+, amazing relative strength. I think it will lead market higher in coming weeks.
TSLA would be a buy in the lower 900s but missed the $980 this morning. I think we see more downside if Elon keeps dumping shares.
My view of inflation reaction - market is taking into account high inflation by giving us this pull back. I do not see the pullback lasting. I think we go higher next week.