Mindful Trader Commentary For July 28, 2023


Hey Guys,


Yesterday the market had its first big red day since May. It went down about 60 points and most of my positions were in the red. But then it bounced back overnight and the S&P 500 is around 4,575 right now. There is divergence between some industries and the market as a whole, possibly due to earnings season.


I picked up new positions today. In the main account, I bought stock for RIO and PFG. In the options account, I bought options for KMI and EPD. In the double down account, I bought another helping of PFG stock.


My ANET double down position hit its stoploss this morning. I also manually closed out a couple stock positions this morning that reached their time limits. VMC was just under breakeven, and FLT was a half-sized loss.


The options I closed yesterday for my options account netted out to a small profit, which I was content with considering how much the market came down yesterday.


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


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