Mindful Trader Commentary For May 15, 2023


Hey Guys,


The market is down a bit from where it was to end the week on Friday. The S&P 500 has been in a range for about a week between 4,100 and 4,150, and is currently near the lower end of that range.


I picked up a couple new positions today. In the options account, I bought LEN options. In the double down account, I bought stock for SAP.


I don't have any spare buying power in my main account, so I didn't take on any new positions there. My UL position in that account is hogging up a lot of the buying power, and that stock also happens to be hardly moving in price.


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


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