Mindful Trader Commentary For August 27, 2024


Hey Guys,


The market softened since my last email. The S&P 500 came down around 30 points in yesterday morning and is not hovering around the 5,600 price level.


It's been anchored to that 5,600 price level for the last seven trading days. It's gone above and below it, but has repeatedly found its way back.


My CTLT stock position reached its time limit today, so I manually closed it at the opening bell. I sold it for exactly the same price as I bought it for, to the penny. So it was a true breakeven trade.


I picked up a few new positions in the Stocks Account since my last email. Yesterday, I bought QGEN. This morning, I bought ALNY and CNC.


Also, I have a buy limit order in for CNC options from the watch list. That order is really close to being filled as I type this.


If you have any questions or feedback, I'd love to hear from you.


Sign Up for Trade Alerts