Mindful Trader Commentary For May 4, 2026


Hey Guys,


The market is down a bit to start the day, but is definitely within range of its all time highs.  The S&P 500 is around 7,220 right now.


My AMAT stock position reached its profit target late last week.  My WSM and GPC stock positions reached their time limits this morning, and both of those ended up in the red.  WSM, in particular, has been marching to the beat of its own drummer, and it hasn't been a happy beat.


I took on some new positions today.  I bought shares of CHRW and FDX in the stocks account.  I have a nice helping of active stock positions right now (seven total positions).


I only have one active option position right now, though.  The cupboards got cleared late last week by hitting those profit targets, so now we have to wait for new trades to come our way.


If you have any questions, just reply directly to this email.


Eric



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