Digital Currencies – Is greed good? We'll find out shortly, as 12 consecutive days of upward movement for BTC has pushed the asset into "Greed" territory according to the "Fear and Greed Index". This index measures current momentum and social sentiment against past trends to guess what might be going on in the digital currency market. With BTC's 21.2% increase over the past 7-days, the market has been heated like a microwave dinner, much to the satisfaction of all you diamond-hand Chad hodlers.
DexCom ($DXCM) – You may not know DexCom now, but after gaining 13.0% on Friday, I'm sure you're wondering what you missed out on. The maker of continuous glucose monitoring (CGM) devices thrilled investors on their Q2 earnings call, with sales and earnings beating expectations. But perhaps the biggest reason for the boost is management asserting that their next-gen CGM, the G7, will be released in 2021, which hyped up investors like Gata on Dave.
U.S. Steel ($X) – Reddit and retail investors generally swarm around consumer facing, high tech-enabled companies to "pump the sh*t out of". Recently however, much attention on the now (in)famous subreddit that need not be named has been given to U.S. Steel. Founded in 1901 by Andrew Carnegie, the company is still kicking with large dominion over the U.S. steel market...as well as that of Slovakia apparently. Shares rose 4.0% in what could be the start of the next market-triggered Congressional hearing. I mean, has anyone checked if there's steel on the moon?