Archive Category: 10X Stocks Archive

It’s tough out there for stocks… As I write, the S&P 500 index is down 5.4% year-to-date. Nasdaq 100 stocks have declined 5.6%. And the once-Magnificent Seven — mega-cap tech stocks that have delivered the market’s biggest gains since 2023 — are down 11.4% in 2026.

The Iran war is escalating sharply following an Israeli strike on key gas fields. This development, combined with a surprise hawkish turn by the Federal Reserve, took the wind out of the market’s sails.

We’re six days in, and the war in Iran is raging on… Iran has threatened to escalate the conflict further after the U.S. sank one of its warships in the Indian Ocean… and has reportedly struck a U.S. oil tanker in retaliation. I can’t tell you when the fighting stops… or what the world will look like once it does.

If you’ve been reading my work for any time, you know I would never buy a stock based on something I heard in a State of the Union address… and I largely keep politics out of my decision making. I build systems, look for durable mega trends and do everything humanly possible to eliminate the biases that stem from our human emotions. That’s how I find stocks that can potentially make us 10X our money or more.

Let’s start this week with some good news! Dynavax Technologies Corporation (DVAX) completed its merger with French pharmaceutical giant Sanofi (SNY) a little over a week ago. Sanofi paid $15.50 per share in cash. So if you owned Dynavax, you should have already received the cash in your brokerage account. We’re walking away with a gain of a little over 39%.