Dear Readers,

On Friday, the US stock market started the day on an upward trajectory, with the Dow Jones Industrial Average poised for its fifth consecutive day of gains. This optimism came as investors assessed a jobs growth report that fell slightly short of expectations.

As of 11:46 AM ET, the Dow was up 224.1211 points, or 0.6623%, at $34063.2. The Nasdaq Composite added 141.3818 points, or 0.9476%, at $15060.927. The S&P 500 rose 40.1103 points, or 0.929%, at $4357.89. Among the 11 major S&P 500 sectors, 9 showed positive movement, with Real Estate leading the way with a 1.01% increase.

In October, the US economy saw an increase of 150,000 jobs, although the unemployment rate inched up from 3.8% to 3.9%, according to a report released by the Labor Department on Friday. Economists surveyed by the Wall Street Journal had predicted an addition of 170,000 jobs for the previous month.

Top Movers: Under $10

Qurate Retail Inc (QRTEA) is up 47.52% today to trade at the current level of $0.63. This comes after the company reported third quarter 2023 results.

Tenon Medical Inc (TNON) zoomed 45.68% in today’s trade to $1.24 after annoucing that the FDA concluded a full Quality System Inspection Technique (QSIT) Level 2 Inspection at Tenon Medical.

In current trading, Werewolf Therapeutics Inc (HOWL) stock is at $2.78 after announcing preliminary first-in-human clinical data from initial monotherapy dose-escalation cohorts in the Company’s lead clinical program, WTX-124x2101.

Redfin Corp (RDFN) rose 23.67% in the early hours of today's trading to move at $6.27. The company reported that luxury home prices are outperforming as Affluent Buyers Dodge High Mortgage Rates.

In the current trading session, Editas Medicine Inc (EDIT) jumped 23.60% to $8.69 over a previous close of $7.03 after announcing third quarter 2023 results and business updates.

Ex-Dividends Stocks

Gladstone Investment Corporation (GAIN) is about to trade ex-dividend Monday, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company's next dividend payment will be $0.12 per share. The company has fixed November 07 as the record date for the same and will pay the actual dividend on November 17. Last year, the company distributed a total of $0.96 to its shareholders. Based on the last year's worth of payments, GAIN has a trailing yield of 6.60% on the current stock price of $14.54.

Another stock that is shelling out dividends on Monday is Intel Corp. (INTC), having a market capitalization of $160.63B. It will pay a dividend of $0.13 per share, the payment date of which is December 01. Currently, the stock is trading at a trailing dividend yield of 1.82%.

Shares of Las Vegas Sands Corp (LVS) will be the talk of stock market on Monday as the stock will turn ex-dividend. The company's next dividend payment will be $0.2 per share, and in the last 12 months, the company paid a total of $0.27 per share. Last year's total dividend payments show that LVS has a trailing yield of 0.56% on the current share price of $49.14.

Tomorrow, Sirius XM Holdings Inc (SIRI) is also set to go ex-dividend on Monday. The next dividend payment from SIRI will amount to $0.03 per share. November 07 has been designated as the record date for this dividend, with the actual payout scheduled for November 29. In the previous year, SIRI distributed a total of $0.10 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for SIRI stands at 2.04% based on the current stock price of $4.88.

FB Financial Corp (FBK) will be paying out a dividend of $0.15 per share to shareholders holding their shares as of the close of the business hours on the record date of November 07. Over the past 12 months, FBK has paid out a total of $0.60 per share in dividends. Based on the total dividends paid out last year, FBK boasts an impressive trailing yield of 1.81% on the current share price of $33.06.

Crypto Market Highlights

Most Shorted Stocks

Momentus Inc (MNTS) was one of the most shorted stocks as of latest short interest figures, with 29.57% short interest. The days to cover ratio, a measure of how long it would take for all the short positions to be covered based on average trading volume, is 0.2. This represents a change of 566100 shares, which corresponds to a +646.97% increase in short interest. The total value of the shares held short is estimated to be around $2.46 million. The average daily volume stands at 3.53M shares, and the market capitalization of the company is $10.14M.

The Allogene Therapeutics Inc with the symbol ALLO currently has a short interest of 29.18%. The short interest has changed by -3400000 shares. The days to cover ratio stands at 18.0. The estimated value of the shares held short is approximately $108.48 million. On an average day, 1.66M shares are traded, with the company's market capitalization totaling $591.53M.

For the stock scPharmaceuticals Inc (SCPH), the current short interest is at 28.96%. This represents a significant short interest change of -10000 shares, corresponding to a short interest percentage decrease of -0.15%. The days needed to cover the short positions amount to 29.2. The approximate worth of the shares held short is $35.46 million.

The stock CIFR has a current short interest of 28.97%. The short interest percentage has experienced increase of +0.73% while there was a change of 90000 shares in short interest. The ratio indicating the time required to cover short positions is 8.9. Trading activity averages at 1.43M shares per day, while the company's market capitalization stands at $1.05B.

Energy Stocks to Watch

According to our ST Score evaluation, International Seaways Inc (INSW) emerges as a high-quality stock in the Energy industry, attaining an impressive score of 68.0. The stock's valuation, profitability, financial strength, and Piotroski Score are strong. Additionally, it is neutral in terms of performance, growth, stock sentiment, and forecast.

Our ST Score also classifies Teekay Tankers Ltd (TNK) as a high-quality Energy stock today, presenting a Score of 69.0. The stock has strong fundamentals in terms of valuation, profitability, financial strength, and Piotroski Score. The performance, growth, stock sentiment, and forecast are neutral.

Another stock in the category, DHT Holdings Inc (DHT) has the ST Score of 66.0, which means that the stock carries the potential for higher returns. The stock is strong in growth, financial strength, and Piotroski Score. Value, profitability, performance, stock sentiment, and forecast suggest a neutral outlook.

Dorian LPG Ltd (LPG) stock has the ST Score of 67.0 which implies that the Energy company has a high probability of beating the market. The stock's strengths lie in its valuation, profitability, financial strength, and Piotroski Score. However, it shows neutral outlook in performance, growth, stock sentiment, and forecast.

Imperial Petroleum Inc (IMPP) currently has the ST Score of 65.0, which signifies a huge upward potential. The Energy stock's strong points are its valuation, financial strength, and Piotroski Score. The stock's profitability, performance, growth, stock sentiment, and forecast indicate a neutral outlook.