Mississauga, ON -- (SBWIRE) -- 08/15/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "MyDx Soars on Strong Q2 Results."
Companies mentioned in this article include MyDx Inc. (OTCQB:MYDX).
U.S. equities have kicked off the week on a solid note, with all three major indexes higher in mid-day trading. Last week, all three major indexes in the U.S. closed at record highs, the first this has happened since 1999.
The record high finish though has raised concerns over valuations. The S&P 500 is trading at multiples, which are well above the historic average. When you consider that the latest earnings season has been a disappointment, the current valuations certainly don't look justified. However, investors are brushing aside concerns and continuing to pour money into risk assets such as equities.
One of the biggest gainers in trading today is MyDx Inc. (OTCQB:MYDX). Based in San Diego, California, MyDx is a science and technology company focusing on the development and commercialization of technology and devices to measure chemicals of interest in solid, liquid or gas samples. The company's MyDx product is a portable chemical sensor with a hand-held analyzer and associated mobile application. Its MyDx device includes MyDx Analyzer and MyDx App.
The full version of this article can be found at:
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