Mindful Trader Commentary For September 16, 2026


Hey Guys,


The market is up a touch today after finishing down some yesterday, and the end result is that it's back where it was when I emailed yesterday.  The S&P 500 has flopped around a little bit this week, but it keeps going back to this 7,600 price level.  We'll see how things unfold when the FOMC rate announcement is made later today.


I had two more stock positions close for profits since yesterday's email.  My GMAB position reached its profit target.  And my V stock position reached its time limit, so I manually closed that at the opening bell.  That one also landed a profit.  That gives me a 4-0 win-loss record so far this week in my stocks account.


I took on one new trade today.  I bought options for COP in the options account.  I also have a buy limit order in for a COP stock position at $134.95 as per the watch list.  We'll see if it gets filled at some point today.


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


Eric



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