Dear Readers,

On Friday, stock markets remained relatively stable as attention stayed fixed on the potential for the Federal Reserve and other central banks to start reducing interest rates. The three primary U.S. stock indexes were on track to finish the week with increases for the third consecutive time, while oil prices seemed likely to experience a fourth week in a row of decline.

The dollar maintained its trend of weakening, initiated by recent soft U.S. inflation figures earlier in the week and the consequent speculation regarding a possible shift in the Fed’s stance.

As of 11:33 AM ET, the Dow was down -54.4805 points, or -0.1559%, at $34890.99. The Nasdaq Composite lost -40.4258 points, or -0.2553%, at $15792.747. The S&P 500 declined -5.0903 points, or -0.1129%, at $4503.15. Among the 11 major S&P 500 sectors, 7 showed negative movement, with Communication Services leading the way with a -0.75% decrease.

Top Movers: Under $10

Altamira Therapeutics Ltd (CYTO) is up 208.31% today to trade at the current level of $0.31 after announcing partial spin-off of Bentrio® Business.

Syntec Optics Holdings Inc. (OPTX) zoomed 27.38% in today’s trade to $6.56 following the revelation of being granted a contract for providing optics in biomedical equipment.

In current trading, VNET Group Inc ADR (VNET) stock is at $2.97 following the disclosure of a strategic investment amounting to US$299 million from Shandong Hi-Speed Holdings Group Limited.

Personalis Inc (PSNL) rose 9.07% in the early hours of today's trading to move at $1.12 as a result of the partnership with Myriad Genetics in promoting solutions to customers in the pharmaceutical sector.

In the current trading session, Mullen Automotive Inc (MULN) jumped 10.97% to $0.19 over a previous close of $0.17 after revealing that Randy Marion Automotive Group received N.C. license for retailing Mullen Electric Vehicles.

Ex-Dividends Stocks

Johnson & Johnson (JNJ) is about to trade ex-dividend Monday, meaning that investors who buy the stock after Monday will not be eligible for the next dividend payment. The company's next dividend payment will be $1.19 per share. The company has fixed November 21 as the record date for the same and will pay the actual dividend on December 05. Last year, the company distributed a total of $4.61 to its shareholders. Based on the last year's worth of payments, JNJ has a trailing yield of 3.08% on the current stock price of $149.61.

Another stock that is shelling out dividends on Monday is Prudential Financial Inc. (PRU), having a market capitalization of $34.51B. It will pay a dividend of $1.25 per share, the payment date of which is December 14. Currently, the stock is trading at a trailing dividend yield of 5.23%.

Shares of D.R. Horton Inc. (DHI) will be the talk of stock market on Monday as the stock will turn ex-dividend. The company's next dividend payment will be $0.3 per share, and in the last 12 months, the company paid a total of $1.07 per share. Last year's total dividend payments show that DHI has a trailing yield of 0.83% on the current share price of $128.30.

TechnipFMC plc (FTI) is also set to go ex-dividend on Monday. The next dividend payment from FTI will amount to $0.05 per share. November 21 has been designated as the record date for this dividend, with the actual payout scheduled for December 06. In the previous year, FTI distributed a total of $0.11 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for FTI stands at 0.53% based on the current stock price of $20.70.

Cognizant Technology Solutions Corp. (CTSH) will be paying out a dividend of $0.29 per share to shareholders holding their shares as of the close of the business hours on the record date of November 21. Over the past 12 months, CTSH has paid out a total of $1.12 per share in dividends. Based on the total dividends paid out last year, CTSH boasts an impressive trailing yield of 1.62% on the current share price of $69.19.

Crypto Market Highlights

Most Shorted Stocks

Bluebird bio Inc (BLUE) was one of the most shorted stocks as of latest short interest figures, with 22.47% 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 7.0. This represents a change of -100000 shares, which corresponds to a -0.41% decrease in short interest. The total value of the shares held short is estimated to be around $82.31 million. The average daily volume stands at 3.49M shares, and the market capitalization of the company is $365.74M.

The Emergent Biosolutions Inc with the symbol EBS currently has a short interest of 22.01%. The short interest has changed by 1960000 shares. The days to cover ratio stands at 4.7. The estimated value of the shares held short is approximately $21.09 million. On an average day, 2.25M shares are traded, with the company's market capitalization totaling $100.25M.

For the stock Bank of Hawaii Corp. (BOH), the current short interest is at 21.50%. This represents a significant short interest change of 80000 shares, corresponding to a short interest percentage increase of +0.97%. The days needed to cover the short positions amount to 18.3. The approximate worth of the shares held short is $473.83 million.

The stock EDIT has a current short interest of 20.53%. The short interest percentage has experienced increase of +2.13% while there was a change of 350000 shares in short interest. The ratio indicating the time required to cover short positions is 11.0. Trading activity averages at 1.54M shares per day, while the company's market capitalization stands at $790.57M.

Energy Stocks to Watch

According to our ST Score evaluation, Tsakos Energy Navigation Limited (TNP) emerges as a high-quality stock in the Energy industry, attaining an impressive score of 71.0. The stock's valuation, profitability, performance, growth, financial strength, stock sentiment, and Piotroski Score are strong. Additionally, it is neutral in terms of forecast.

Our ST Score also classifies Torm Plc (TRMD) as a high-quality Energy stock today, presenting a Score of 67.0. The stock has strong fundamentals in terms of valuation, profitability, performance, financial strength, and Piotroski Score. The growth, stock sentiment, and forecast are neutral.

Another stock in the category, Equinor ASA ADR (EQNR) has the ST Score of 63.0, which means that the stock carries the potential for higher returns. The stock is strong in profitability, growth, stock sentiment, and Piotroski Score. Value, performance, financial strength, and forecast suggest a neutral outlook.

Profire Energy Inc (PFIE) stock has the ST Score of 63.0 which implies that the Energy company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, financial strength, and Piotroski Score, but its weaknesses are in its growth. However, it shows neutral outlook in value, stock sentiment, and forecast.

Tenaris S.A. ADR (TS) currently has the ST Score of 62.0, which signifies a huge upward potential. The Energy stock's strong points are its valuation, profitability, performance, and financial strength, while its weak points are its stock sentiment. The stock's growth, Piotroski Score, and forecast indicate a neutral outlook.