AI Ranks Pbf Energy Inc Among Today’s Top Shorts As Major Indices Climb

AI Ranks Pbf Energy Inc Among Today’s Top Shorts As Major Indices Climb

All eyes were on the Fed Wednesday morning as the U. S. central bank was set to wrap up its two-day meeting. The Fed is not expected to make any drastic policy moves. However, after it gives its statement and forecasts at about 2 PM, there's a chance that any little thing they say will shake the markets up. For example, it could potentially signal that it's beginning to rethink its bond-buying policy or interest rate policy in or before 2023. The Fed's meeting comes as inflation heats up. Data released on Tuesday showed that producer prices rose at their fastest annual rate in nearly 11 years. Stocks traded mildly higher amid the anticipation, with the Dow Jones up 20 points, the S&P 500 rising 0. 1%, and the Nasdaq NDAQ ticking up 0. 2%. 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