Mindful Trader Commentary For November 12, 2024


Hey Guys,


The market has kind of plateaued. It's not a surprise since the market is at a major price level for the S&P 500: 6,000. It's reasonable to see some form of resistance there. It will be interesting to see how the market responds to this price level over the coming days.


I took on one new trade today. I bought shares of HDB in the stocks account. It's the first new trade I've made in the last four trading days. It felt pretty satisfying to hear that chime from my trading platform letting me know that one of my orders got filled.


RNG from the watch list was also close to triggering this morning (both for stocks and options), but it has since moved up in price and isn't quite as close at this point. But I'll keep my buy orders open for that ticker in case the price comes back down later today.


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


Sign Up for Trade Alerts