Tech’s sharp comeback continued for the second day in a row. After rising bond yields and inflation fears spooked investors for weeks, causing a rotation into recovery and reopening plays and out of frothy tech names, we’ve seen massive gains for the Nasdaqthe last two sessions. Wednesday’s gains, however, looked to be a lot broader than Tuesday’s. The Dow surged 350 points to an intraday record, while the S&P 500 advanced 0.8%, and the Nasdaq surged 1.5% and built on its 3.
have crunched the data to give you a set of Top Shorts. Our Artificial Intelligence systems assessed each firm on parameters of Technicals, Growth, Low Volatility Momentum, and Quality Value to find the best short plays. to join an exclusive AI investing community and get premium investing ideas before markets open.Cinemark Holdings is our first Top Short of the day. The Texas based Cinemark owns and operates a chain of movie theatres.
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