Mindful Trader Commentary For March 4, 2024


Hey Guys,


The market is still showing a lot of strength. The S&P is at 5,130 right now and seems to be relentless about going up.


I had two positions get closed this morning. One was my stock position for LVS, which hit its stop loss. That ticker took a big dive on Friday after starting out green and didn't seem to want to join the rest of the market.


But that loss was offset by a fun victory on NVO. That one gapped up overnight and shot up well past its profit target. I got 40% more profit than I was targeting. And I didn't need to take any action to accomplish it. I had a sell limit order set up, and it automatically filled at the inflated price at the opening bell.


I picked up a couple new positions today, both for APO. I bought the stock for APO in the main account. I bought the options for APO in the options account.


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


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