AI Identifies Carvana Co Among Today’s Top Shorts

AI Identifies Carvana Co Among Today’s Top Shorts

The markets kicked off the holiday-shortened week flat, with the S&P 500 and the Nasdaq trading slightly below their all-time highs, and the Dow traded off about 100 points. Of course, it wouldn't be a surprise to see the markets sell off a bit here given the string of seven-day positive movements in the S&P and a showing of 16% gain year-to-date, after an impressive performance in 2020. Oil was the big news over the weekend as OPEC called off its meeting to discuss production increases, sending West Texas Intermediate prices higher. Filling up your car at the pump might get even pricier over the rest of the summer at this rate. If you're looking for a way to play this market, the deep learning algorithms at Q. ai have crunched the data to give you a set of Top Shorts. Our Artificial Intelligence ("AI") systems assessed each firm on parameters of Technicals, Growth, Low Volatility Momentum, and Quality Value to find the best short plays. Sign up for the free Forbes AI Investor newsletter here to join an exclusive AI investing community and get premium investing ideas before markets open. Carvana Co is our first Top Short today. Carvana