PANW: Riding the Mood, But Still Verifying

The only new position I opened today is PANW. Price action and market mood are clearly working in its favor, but earnings, valuation, and any real catalyst are all just middling, so this rally reads more like a sentiment wave than a numbers-driven move. That's why I eased in to verify rather than chasing it hard. CVX and GS stay on the watchlist — the market's in a wait-and-see mood with no clear direction, so there's no rush to jump in before I get more to go on. Everything else in the book, I'm leaving untouched.