Mindful Trader Commentary For October 27, 2022


Hey Guys,


The market is down a bit this morning. Yesterday it flashed a lot of strength early but then came back down before the market closed.


Today after the market closes, both Apple and Amazon will be reporting earnings. They are two of the three biggest constituents of the S&P 500, so their earnings results could end up having an impact on the market as a whole. It wouldn't be a surprise to see some market volatility in the next day or two.


I picked up a stock position for DEN this morning in the low-priced account. It's the only new position of the day so far.


In that same account, I manually closed a couple positions since they reached their time limits. My original BTU position was closed for a half-sized loss and my FRPT position was closed for nearly a full profit. Most of my remaining positions are showing a solid profit right now.


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


Sign Up for Trade Alerts