Time to make a Switch?

  • SPX 10 21 14
  • We like to keep an eye on the ratio of high beta to low volatility S&P 500 components. It can be helpful I gauging risk appetite for stocks in general.
  • The point & figure relative strength chart recently flipped back to risk on.
  • Thanks for your visit, sign up for our blog email alerts!

Captain John

Palo Alto Net-WORKING!

We discussed a possible Bullish setup in Palo Alto Networks ($PANW) earlier this week on stocktwits and twitter.

Here is the chart from Tuesday:

PANW 9 30 14

We got the upside breakout today!

panw 10 3 14

With a Point & Figure upside target of 133, looks like it might be worth some consideration from the long side!

If you like our posts here, sign up for our email alerts!

Thanks for your time,

Captain John