Mindful Trader Commentary For November 21, 2022


Hey Guys,


The market is still in roughly the same vicinity as it was in on Friday. The S&P 500 is under the 4,000 mark and hasn't had success getting back up to that level in the last couple of trading days.


I had a couple stock positions reach their time limits this morning (KHC and CNC). Both locked in partial profits.


I picked up some new positions today. In the main account, I bought stock for KKR and IQV. In the extra options account, I bought the options for KKR. In the low-priced account I bought stock for FTDR.


I noticed that some of my "closing by" dates were set for Thanksgiving day (this Thursday), so I adjusted those. For stocks, I moved them back one day to the day after Thanksgiving. For options, I moved them up one day, which means I will be closing those by the Wednesday of this week.


I have a lot of stock positions open right now in both stock accounts. Once Friday rolls around, that will clear the decks of a lot of those positions. But with that said, the pipeline for new trades is full right now so we might replace the old trades with new trades in pretty short order.


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


Sign Up for Trade Alerts