Capitalist Countdown: Wealthy VC’s Top 5 Investing News Stories of the Week
Last Updated: 14.9.2023 18:56
Welcome to Wealthy VC’s Capitalist Countdown
The Capitalist Countdown is a weekly series that features the biggest stories from the stock 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 the Capitalist Countdown’s top 5 market-moving investing news stories for the week of September 4th – 10th, 2023.
5. 3 Dividend Paying Oil Stocks With Double-Digit Upside as Crude Oil Surges (VIDEO)
Thanks to Yesterday’s News That Saudi Arabia and Russia Would Extend Production Cuts on Crude Oil Until December of 2023, WTI and Brent Crude Futures Rose for the Ninth Trading Session in a Row, Closing Today at its Highest Level Since Late November 2022
With WTI Crude (NMX: CL) and Brent Crude (NMX: BZ) futures closing today at $87.54 (+0.98%) and $90.60 (+0.62%), respectively, it marks crude oil’s highest closing price since the end of November 2022. With the energy sector beginning to heat up, here are three top dividend-paying Oil Stocks with double-digit upside.
4. How to Use the RSI Technical Indicator to Time Your Stock Trades
Whether You Believe the Price of a Stock is Going Higher or Lower, Remember the RSI Never Lies
Now, let’s review some examples of how I would approach specific trades using a candlestick chart and one main technical indicator.
3. XTM Announces Q2 2023 Earnings, Reports Strongest Revenue Since Company’s Inception
XTM Reported a 26% Increase in Revenue and a 47% Rise in Gross Dollar Value (GDV) in the Second Quarter of 2023
XTM Inc. (CSE: PAID) (OTCQB: XTMIF) (FSE: 7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations including fully certified Earned Wage Access (EWA) through its QRails AnyDay™ product announced the filing of its quarterly unaudited condensed consolidated Financial Statements and Management Discussion and Analysis (MD&A) for Q2 2023 which shows, among other things, a 47% increase in Gross Dollar Value (GDV) over Q2 2022.
2. Saudi Oil Production Cut: What You Need to Know
In a Move That Sent Ripples Through the Global Oil market, Saudi Arabia Has Extended its Voluntary Crude Oil Production Cut of 1 Million Barrels Per Day Until the End of 2023
This strategic decision not only impacts the kingdom’s own economy but also has far-reaching implications for investors worldwide.
1. Apple vs. China: The iPhone Ban
The Apple’s China Conundrum: Navigating the iPhone Ban and Its Investment Implications
China has recently expanded its existing restrictions on the use of Apple (NASDAQ: AAPL) iPhones by government employees.
Read More:
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