Archive Category: 10X Stocks Archive

What the market giveth, the market taketh away… Stocks roared through the first half of the year with a stellar 12%+ gain for the S&P 500 (more than investors make all year, on average). But then, Monday morning, they hit a wall.

Shares of Nuscale Power (NYSE: SMR) fell sharply Monday following the release of a “research” report from a group called Hunterbrook Media. The report contains some harsh allegations against Nuscale Power. But before I get into the details, we should take a moment to consider the source.

If you decided to lock in shares of Bit Digital Inc. (Nasdaq: BTBT) following my recommendation last week, then you weren’t alone… This Monday saw a massive spike in call options volume for BTBT, with investors snatching up 11,208 bullish call options on the stock. That’s a noteworthy 58% increase from the average.

If you checked your 10X Stocks portfolio today, you probably noticed a pleasant surprise.

I’ll keep this week’s portfolio update short and sweet so you can get back to celebrating the holiday with friends and family. As you probably already know, our 10X Stocks strategy is chugging along, and we’ve locked in three different triple-digit gains just in the first half of 2024.