Mindful Trader Commentary For November 22, 2024


Hey Guys,


The S&P 500 is at about the same spot right now as it was when it closed the day yesterday: about 5,950. That's nice to see after it was hanging around the 5,900 price level early this week.


In my stocks account, I had 4 different trades reach their profit targets since my last email. WM, LULU, ITW and CBRE all joined the party. That was fun. It turned my week into a solid week that saw 6 wins and 2 losses. And one of those losses was just under breakeven. My stocks account overall went up 2.5% this week.


I also closed out those three options that reached their time limits. None of them were profitable, but my profits from option trades earlier in the week helped buffer those. I ended up a bit under breakeven in that account this week.


I haven't yet taken on any new trades today, although I did buy ZBH in the stocks account late yesterday. I don't have any open option positions right now, but I have buy limit orders in for option tickers from the watch list, as always.


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


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