Top Stocks To Short Today As Nasdaq Plummets And Fears Of Inflation Increase

Top Stocks To Short Today As Nasdaq Plummets And Fears Of Inflation Increase

The Nasdaq has been red hot this week after bond yields and inflation fears temporarily stabilized. However, after the 10-year popped 8 basis points overnight, those ugly headwinds returned to close out the week. The Dow rose 50 points, while the S&P 500 fell 0. 4%, and the Nasdaq dropped 1. 4%. Although the Nasdaq is up 3. 7% week-to-date, Ned Davis Research put out a report estimating that the index could fall another 20% if the 10-year yield exceeds 2%. On the backdrop of this news, stocks like Tesla TSLA fell more than 3%, while Netflix NFLX and Facebook declined 2%, and Apple AAPL , Amazon AMZN , and Microsoft MSFT all fell at least 1%. Time will tell when this instability for tech stocks will end. 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 is today's