Mindful Trader Commentary For November 9, 2022


Hi Guys,


The market reached up pretty high yesterday, but it settled back down overnight and this morning. The S&P 500 is near 3,800 this morning.


My hot streak is still going. I closed a few more positions for profits since the last email. My DAL stock position reached its profit target yesterday. And this morning I manually closed CVI and KMT since they reached their time limits, and both locked in partial profits.  


The rest of my portfolio is a bit of a mixed bag right now. One trade that took a hit over night was RBLX. That one reported earnings and the price went the wrong way on us.  


Speaking of earnings, JXN and BROS are reporting tonight after the market closes. So those two might see some volatility overnight and tomorrow. I'll hold the positions like normal and honor my original trading plans, just like I did with RBLX.


I picked up a few new positions today. I bought options for SHOP in the extra options account. And I bought stock positions for HQY and CIEN in the low-priced account.


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


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