Mindful Trader Commentary For August 19, 2024


Hey Guys,


The market's still relatively quiet, at least compared to the volatility it had been exhibiting early this month. This morning, the S&P 500 is up a few points from its close on Friday.


I had a couple more stock positions reach their time limits today (SSNC and DTE), so I manually closed them at the opening bell. Both locked in solid profits.


Every other position in my portfolio right now is green. For the moment, I only have stock positions, so I'm waiting patiently for more option positions to set up.


I bought just one new position today so far in my stocks account. It was for CTLT. I noticed that O'Reilly Automotive showed up on the Triggered List, but it's one of those stocks where the share price is more than $1,000. I typically only buy stocks that are less than $500 per share in hopes that it allows more people to be able to follow the trade.


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


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