The $3B Biotech With Two Shots On Goal

A cleaner drug, zero competition, and two binary readouts this year. Plus, Powell and oil near $99.
Three straight losing weeks for the S&P. Oil within spitting distance of $99. Jerome Powell steps to the mic on Wednesday. Jensen Huang kicks off Nvidia’s GTC today. Happy Monday.
The S&P 500 closed Friday at 6,632, down 1.6% on the week and roughly 5% off its January high. Dow at 46,558. Nasdaq at 22,105. Gold above $5,100 an ounce. WTI crude at $98.71. Every member of the Mag 7 is red on the year.


Here's how the Magnificent 7 has performed so far in 2026Nvidia $NVDA -1.6%🔴Apple $AAPL -6.8%🔴Google $GOOGL -2.8%🔴Microsoft $MSFT -17.9%🔴Amazon $AMZN -9.7%🔴Meta Platforms $META -4.8%🔴Tesla $TSLA -10.9%🔴
— WOLF (@WOLF_Financial) March 16, 2026


The oil picture keeps getting worse, not better. B