Mindful Trader Commentary For January 24, 2024


Hey Guys,


The market is up this morning. The S&P 500 is around 4,885 right now. It's nice to continue to see signs of strength.


I had a few stock positions reach their time limits, so I manually closed them this morning at the opening bell. Two of them came in with a profit (ANSS and QSR) and one came in with a loss (AZN).


That AZN trade was interesting because just earlier this week, we hit the profit target on the option position. Apparently we locked in a profit just in time on that option position, because it then reversed course and gave us a small loss on the stock position just a couple days later.


There have been no new trades yet today. I've got buy limit orders set up for tickers on the watch list, though, as I always do.


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


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