Mindful Trader Commentary For August 29, 2024


Hey Guys,


NVDA announced its earnings after the market closed yesterday. Earlier this year the market had a strong reaction to an NVDA earnings announcement, so there was some anticipation this week about how the market might be impacted. So far this morning, the market is up after having a down day yesterday, but the S&P 500 is still within the same range as it's been the last couple weeks. So there hasn't been any explosive impact yet from the NVDA earnings announcement.


That buy limit order I had in for YUMC yesterday did end up getting filled about an hour after I sent my morning email yesterday.


Both my YUMC and CNC stock positions got within pennies of reaching their respective profit targets this morning, but then retreated. We'll see if they make their way back up there.


I haven't taken on any new trades yet today. As always, I've got buy limit orders set up for tickers on the watch list.


I have two option positions that reached their time limits today. I'll be manually closing those near the end of the trading day today unless they reach their profit targets first.


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


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