Mindful Trader Commentary For November 8, 2023


Hey Guys,


The market is still relatively quiet, but also still drifting upward. The S&P 500 is around 4,385 right now.


My CI stock position in the main account bit the dust yesterday. I really liked the look of the trade setup, but you never can tell for sure what a stock or option is going to do once you get into the trade. This one certainly didn't turn out the way we wanted.


I haven't taken on any new trades yet today, but there are a couple utility companies on the watch list that are getting pretty close to some action for us: PEG and SO. So we might see some stock or option trades from those at some point soon. I have buy limit orders in for them using the "Potential Entry Price" from the watch list.


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


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