Mindful Trader Commentary For July 27, 2023


Hey Guys,


The market was relatively quiet after the Fed announcement yesterday, but then went up nicely overnight. The S&P 500 is now hanging out around the 4,600 mark. It's continuing to show strength.


I bought a ton of positions this morning. In the main account, I bought stock for EBAY and options for SPGI. In the options account, I bought options for BAX and GLD. In the double down account, I bought stock for SPGI, ROL, and ANET, and I bought options for EBAY. A lot of these were earnings day trades, so they might exhibit volatility.


Yesterday my double down IBKR stock position reached its profit target. And this morning, my original IBKR stock position reached its time limit and I closed it out for a solid partial profit.


I have a few options positions that reached their time limits today. I'll be manually closing those near the end of the trading session today if they don't reach their profit targets first.


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


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