Today’s Top Shorts As Investors Await The Fed’s Inflation Announcement

Today’s Top Shorts As Investors Await The Fed’s Inflation Announcement

Although Microsoft MSFT and Alphabet reported better than expected earnings, Amgen AMGN and Boeing BA dragged the market down with declines of 6% and 2. 5%, respectively. Boeing also reported its 6th consecutive negative quarter. Meanwhile, investors are anxiously awaiting the Fed's latest policy announcement and thoughts on looming inflation, as well as Apple AAPL and Facebook's earnings announcements after the closing bell. Investors are also weighing yet another $1. 9 trillion spending plan from the Biden administration focused on childcare and families, bringing more potential tax hikes. With investors taking in all of this news, the Dow fell 130 points, the S&P 500 was flat, and the Nasdaq NDAQ declined 0. 3%. 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. Our first Top Short is Bloom Energy Corp