Mindful Trader Commentary For August 30, 2022


Hey Guys,


The market is still hovering in the same general zone as it was yesterday. The S&P 500 is just above the 4,000 mark. That's a major price level, so it might offer some form of support over the coming days.


I picked up a variety of new positions today. In the main account I bought stock positions for LNG and PFG. In the extra options account I bought options for KMI, and in the low-priced account I bought shares of stock for KMI.


I closed a few stock positions this morning that reached their time limits. They all locked in partial losses. And yesterday my AAPL options hit their stoploss. All that red is still part of the fallout from Friday's market drop.


Anyone who owned ALL last night and into this morning will be receiving a dividend. Most brokerages will credit it to your account automatically in the coming weeks, so no action is needed to receive it.


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


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