Mindful Trader Commentary For November 20, 2024


Hey Guys,


The market had a nice surge yesterday, but this morning it's tumbled a bit. The S&P 500 is at around the 5,900 price level right now.


I had a few different positions that were pretty close to their profit targets at the opening bell today, but they retreated as the market came down this morning. We'll see if they fire back up later today or this week.


I took on two new trades today. They were both in the stocks account. They were for BAM and ITW. I now have a full house of positions in my stocks account. There are ten open trades in there.


I haven't taken on any new trades yet today in the options account, although I have a buy limit order open for the GM options from the watch list. If the underlying stock price comes down a bit more, it might lead to my option order getting filled.


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


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