Mindful Trader Commentary For February 22, 2024


Hey Guys,


The market had an explosive gap up overnight. NVDA stock responded favorably to its earnings announcement after the market closed yesterday, and that appears to have been a factor in pushing the whole market up. The S&P 500 is around 5,060 right now.


A lot of my positions rode the wave along with the market. I hit three different profit targets for stock positions: QQQ and FTNT from my double down account and the SPY position that triggered late yesterday in the main account.


Also, my QQQ option position that had been pretty deep in the red as of late yesterday turned bright green this morning. That was a fun turnaround. It's within range of its profit target right now.


I picked up some new positions today. I bought stock for CLX and SYY in the main account. I bought options for CLX in the options account.


My PSX and QQQ options reached their time limits today. I'll be manually closing those near the end of the trading session 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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