Lat week I wrote that I would hold off buying more Google & AMZN until they hit lower prices (quoting that I would wait for Google below $2300). Well, that happened a lot more quickly than I expected. So much so that I haven’t nibbled in any more.
I expect that the next month or two will continue to be frothy so I am not getting in just yet. The threat of interest rates and inflation in general is just too high. Maybe another few weeks at least.
Again, be aware of the macro environment as well as your individual stock choice. I think some buying may come in later this week but too much risk for a 2% potential gain. I will wait.