Mindful Trader Commentary For August 7, 2024


Hey Guys,


The market has been working its way back up, but with volatility. Yesterday, it seemed like it was shaping up to be a big rebound day, but then in the last hour of the day the market gave up almost all its gains. This morning, it's up again. Let's see if it can hold its ground throughout the day this time.


I had a couple positions hit their profit targets since my last email: my BXP stock position from the double down account and my KMI option position from the main account.


It was nice to see some profits after the week started out so tough. We still have a lot of red in the portfolio from the market's huge plunge over the weekend, specifically with options, but it's nice to be locking in profits and working the account balance back up.


I took on some new positions today. In the main account, I bought stocks for UNH and HRL. In the options account, I bought the options for HRL.


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


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