Mindful Trader Commentary For December 24, 2024


Hey Guys,


First a note about the watch list. It's showing that all the options have an expiration of December 27, but it's not accounting for the fact that there is a holiday this week. So for all the options on the watch list, I'm using an expiration of January 3, 2025 instead.


The market started to show some life yesterday and the S&P 500 went up 25 points. So far this morning, it's holding its ground.


My SMCI stock position reached its time limit today, so I manually closed it at the opening bell. That one locked in a partial profit and is another step in the right direction this week.


I haven't taken on any new trades yet today. I have buy limit orders in for the tickers at the top of the watch list.


Today's trading session is a half-sized one and ends at 10 a.m. Pacific Time, and tomorrow the market is closed for Christmas. So I'll catch you guys on Thursday. Happy holidays!


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


Sign Up for Trade Alerts