Mindful Trader Commentary For April 2, 2024


Hey Guys,


The market had a noticeable 50-point drop overnight. Right now, the S&P 500 is hanging out around 5,200.


A number of my positions are down as a result, including my RNG positions. The stock position hit its stop loss. My option position for RNG is down, too, although it's nice that I only had one option position open before that market drop. That limited my exposure.


I had a couple stock positions reach their time limits today. MNST from the main account took a loss, and AJG from the double down account locked in a partial profit.


I picked up a slate of new positions today. I am often eager to buy after a market drop like that. In the main account, I bought stocks for LOW and LYV as well as options for EFA. In the options account, I bought options for LOW and more for EFA. In the double down account, I bought a stock position for MOH.


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


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