Mindful Trader Commentary For June 1, 2023


Hey Guys,


The market is down again a bit this morning. The S&P 500 is around 4,175 right now.


But today, my account has been diverging from the market and a number of my positions have been going up. That's a welcome sight after seeing the opposite happen in the recent past.


I picked up some new positions today. In the main account, I bought stock for CRM and LYV. In the options account, I bought options for OKTA. In the double down account, I bought shares of stock for OKTA.


Some of these trades were for tickers that just reported earnings, so they are like bucking broncos. They could be bouncing all over the place.


I manually closed my JCI and SHOP stock positions since they reached their time limits. Both had partial losses. Yesterday my MCK double down stock position reached its profit target.


I have some options positions that reached their time limits today. I'll be manually closing those right near the closing bell of today's trading session unless they hit their profit targets first.


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


Sign Up for Trade Alerts