Top Stocks To Short Today As Strong Jobs Report Outweighs Inflation Fears

Top Stocks To Short Today As Strong Jobs Report Outweighs Inflation Fears

Stocks rebounded from another sharp sell-off yesterday thanks to a stronger-than-expected jobs report that boosted sentiment about a faster-than-expected economic reopening. Although bond yields and inflation remained a concern, especially after Jay Powell's comments yesterday, much of the market's focus to close out the week was on the jobs. Stocks that would benefit from a rapid economic comeback, such as energy stocks, bank stocks, and retail stocks, gained, while high-flying growth names like Peloton and Tesla TSLA continued to struggle. Through digesting all of this news, the Dow Jones rose 310 points, the S&P 500 rose 1. 1%, and the Nasdaq NDAQ gained 0. 8%. 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 our next Top Short. The company is a major innovator and disruptor in the car industry, and is a robust online used car dealer.