Mindful Trader Commentary For March 18, 2024


Hey Guys,


The market rebounded nicely over the weekend. The S&P 500 went up 40 points since Friday's close and is sitting around 5,160 right now.


Not all my positions are synchronized with the S&P 500 right now. I noticed that on Friday, too. When the market went down Friday, I noticed, for example, that my CAH position went against the trend of the market. The same is true today: CAH didn't have a huge gap up and is marching to the beat of its own drum, as are many other positions I'm holding.


The COST stock position from my double down account reached its time limit. It had a solid rebound after nearly hitting its stop early in the trade, although it still came in under breakeven.


I picked up some new positions today. I bought a stock position for BMY in the main account. I also bought options for BMY in the options account.


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


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