Archive Category: 10X Stocks Archive

First off, I want to wish you a very Happy Thanksgiving on behalf of the Money & Markets team! We wouldn’t be able to realize the full value of our passions, expertise and commitment to the community we strive to build … if it wasn’t for you and your commitment to our work. We speak internally every day about how fortunate we are to do what we love and to serve such an inspiring group of intelligent, tuned-in and wise folks …

Welcome to your weekly 10X Stocks update! Well, there was one seriously underrated aspect of the government shutdown. Because the statistics agencies were closed, we had a lot less “noise” to distract us. We were spared the constant onslaught of economic news releases and the media handwringing that always follows.

Welcome to your weekly 10X Stocks update! The big news this morning is that, after the longest shutdown in history, the government is officially open again. President Trump just signed a spending bill that will fund the government through January 30, 2026. That gives us at least a couple months of relative peace before we get to go through this drama again. This isn’t really “news,” per se, as it was widely anticipated. But it does remove a major distraction that had been hanging over the market. Investors can now get back to fretting over earnings outlooks and valuations!

First, congratulations to everyone who followed my recommendation into cybersecurity up-and-comer, Red Violet Inc. (RDVT) last October. We bought shares for about $30 just over a year ago … and had the chance to sell (half of your position) today for over $60. If you missed that Trade Alert this morning, you can find it here – and there’s still time to act.

Earlier this week, Nvidia (NVDA) formed a caravan with some of Silicon Valley’s best and brightest — making the cross-country pilgrimage to Washington D.C. for the GPU Technology Conference (GTC). As I explained in last week’s update, their visit to the nation’s capital certainly had a purpose … and Nvidia CEO Jensen Huang made that very clear in his keynote speech on Tuesday. Huang praised Trump’s efforts to revitalize America’s economy, stating that the President “deserves enormous credit” for his efforts to help give our tech industry a critical lead in the AI race.