Archive Category: 10X Stocks Archive

In late December, I put together a special presentation on the “oil super bull” … what I expect to be a massive, multiyear bull market in crude oil and, by extension, oil and gas stocks. At the time, oil had already completed the first act of that play … rallying from practically $0 (!) in April 2020 to $115 by June 2022. And it had already begun the common act that follows any initial “too far, too fast” rally: a pullback. When I released my “Oil Super Bull Summit” on December 29, 2022, crude oil was priced at $79 a barrel — already down 31% from its first-rally peak of $115.

Quick update this week… I’m in the middle of a deep dive on my next 10X Stocks recommendation, writing the research that I’ll send your way by this time next week. Without sharing too many details, my team and I are looking at another energy play with a fascinating origin story and a highly promising niche with little competition. It’s early-stage, so we should expect some volatility from this stock. Though, as I highlighted last week, that’s something you’ve come to know and love about 10X Stocks.

Two weeks ago, I put out a call to you… I wanted to know what you liked about this newsletter… What I could do to improve it… And specifically, how you traded one of our inaugural positions, Marathon Digital Holdings Inc. (Nasdaq: MARA). The response was beyond my expectations. Dozens of you have since written in with your experiences, ideas and words of appreciation for what we do here. These letters have assured me that 10X Stocks has landed in the right hands. You know your stuff. You’re a sophisticated investor. And you understand how important it is to expect quality from a research service like this one.

First off, a big “thanks” to everyone who took the time to write me thoughtful emails over the last week. Your feedback is immensely valuable as my team and I continually strive to make 10X Stocks one of your most valued, “go-to” investment newsletters. We’re planning a Member’s Mailbag issue for next week so we can take the time to go through your questions and comments carefully … and then share our analysis for the benefit of everyone. For now though, I want to convey the 30,000-foot message I heard when reading your comments on bitcoin, Marathon Digital Holdings Inc. (Nasdaq: MARA) and the broader crypto space…

Any time I recommend selling a position I’ve previously recommended buying, I tell you that my team and I will continue to track the company and look for a good opportunity to re-enter the position, if warranted.