Capitalist Countdown: Wealthy VC’s Top 5 Investing News Stories of the Week
Welcome to Wealthy VC’s Capitalist Countdown
The Capitalist Countdown is a weekly series that features the biggest stories from the market’s hottest stocks as well as news from under-the-radar hidden gems capable of delivering mutibagger returns to your portfolio.
Please sit back, relax and enjoy Capitalist Countdown’s top 5 market-moving news stories for the week of September 12th – 18th, 2022.
Apple Has a Schedule For Releasing its Latest iPhones and Apple Watches That Has Become So Reliable, That You Can Set Your Watch By It, Pun Intended
Each fall, in advance of the holiday season, Apple (NASDAQ: AAPL) holds an event where they show off the company’s latest and greatest gadgets, with the iPhone typically being the star of the show. Shortly after, the company begins to ship the products to eager consumers.
4. How Investors Can Make Money in a Bear Market With These 5 Inverse ETFs (VIDEO)
With Equities Down Across the Board, Learn How Everyday Investors Are Still Generating Profits Using These Inverse ETFs
Whether equities have fallen enough to account for the recession or if they have further to go is very much up for debate, with nobody knowing the correct answer. Any investors in the bear camp that believe there’s more downside coming should consider the following Inverse ETFs, which should return significant gains if the fall continues.
READ FULL INVERSE ETFS ARTICLE
Stephen Weiss, Managing Partner and Chief Investment Officer of Investment Fund Short Hills Capital Partners, Appeared on CNBC’s Halftime Report to Give His Expert Analysis on Tuesday’s CPI Data Report and What Investors Should Expect From It
Weiss, whose Short Hills Capital Partners fund predominantly focuses on undervalued equities with a catalyst, commented on Tuesday’s Consumer Price Index (CPI) report, saying: “On a short-term trading basis, well, I think the market will have a pretty powerful rally if the number is a weak number, meaning, showing inflation coming down.”
2. PowerTap Hydrogen Signs T2M as Engineering and Design Validation Partner For its Gen3 MHPDU
The Company Also Reported Closing the First Tranche of a Non-Brokered Private Placement For Gross Proceeds of $1 Million
PowerTap Hydrogen (NEO: MOVE) (OTC: MOTNF) (FRA: 2K6B) announced that it engaged T2M Global as its engineering and design partner to conduct validation of its Gen3 Modular Hydrogen Production and Dispensing Unit (MHPDU) and to provide final engineering for lower-cost manufacturing with enhanced robustness.
1. August Inflation Numbers Come in Hot, Stock Market Tumbles (VIDEO)
For Those Hoping That Inflation Had Peaked and Would Begin Coming Down, the August CPI Report Was a Punch to the Gut
Overall Inflation came in 8.3% higher compared to August 2021, with most economists expecting 8% or lower, causing the Stock Market to sell off sharply.
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