Mindful Trader Commentary For July 25, 2023


Hey Guys,


The market is up a nudge from where it ended yesterday. The S&P 500 is around 4,560 right now.


I picked up some new positions this morning. In the main account, I bought options for DAL and stock for ZBRA. In the double down account, I bought stock for TDG and DAL.


I only had one position close today, and that was LUV. It reached its time limit, so I manually closed it this morning. It incurred a small loss, which typically isn't a big deal, but was a bit tough to see since it had been in profit territory for most of the trade and then fell down at the very last minute. The whole airline industry went through the same drop, and that's what set up the DAL trades today. So maybe DAL will give us a chance to attain that profit we barely missed out on with LUV.


APH is reporting earnings tomorrow, so its price might get volatile in either direction. I'm going to stick to my plan and hold it like normal, but if you don't like the thought of that volatility, you can consider closing the position before tomorrow.


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


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