Dear Readers,

Stocks showed minimal movement on Friday following Federal Reserve Chair Jerome Powell's statement in prepared remarks. Powell noted that although the central bank has made substantial strides in reducing inflation to its 2% target, it remains ready to implement additional monetary policy tightening if deemed necessary.

As of 11:44 AM ET, the Dow was up 160.7891 points, or 0.4472%, at $36111.68. The Nasdaq Composite added 14.5293 points, or 0.0911%, at $15962.398. The S&P 500 rose 16.9502 points, or 0.3711%, at $4584.75. Among the 11 major S&P 500 sectors, 8 showed positive movement, with Materials leading the way with a 1.09% increase.

In recent weeks, investors have quickly adjusted their expectations, factoring in the possibility of multiple rate cuts from the Fed in 2024, potentially as early as March. This adjustment contributed to the S&P 500 experiencing its most successful month since July 2022 in November.

Top Movers: Under $10

Green Giant Inc (GGE) is up 135.23% today to trade at the current level of $0.43. This comes after the company revealed its 2023 Equity Incentive Plan.

NLS Pharmaceutics Ltd (NLSP) zoomed 24.89% in today’s trade to $0.52 after announcing exclusive option agreement to develop and commercialize next generation Dual Orexin Agonist Platform of Aexon Labs, Inc.

In current trading, Altimmune Inc (ALT) stock is at $4.40 after the company posted positive results from a weight loss drug trial.

Hub Cyber Security Ltd (HUBC) rose 30.04% in the early hours of today's trading to move at $0.30 after declaring a significant expansion of its collaboration with Blackswan Technologies Ltd. to provide a joint solution for enterprise Confidential Computing to the financial sector.

In the current trading session, Clearmind Medicine Inc (CMND) jumped 28.57% to $4.50 over a previous close of $3.50. The company announced positive results from its pre-clinical trial led by Professor Joseph Tam from The Hebrew University of Jerusalem, earlier this week.

Ex-Dividends Stocks

AMKOR Technology Inc. (AMKR) 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 $0.08 per share. The company has fixed December 05 as the record date for the same and will pay the actual dividend on December 26. Last year, the company distributed a total of $0.15 to its shareholders. Based on the last year's worth of payments, AMKR has a trailing yield of 0.53% on the current stock price of $28.26.

Another stock that is shelling out dividends on Monday is Banco Bradesco S.A. ADR (BBD), having a market capitalization of $17.74B. It will pay a dividend of $0.0 per share, the payment date of which is January 12. Currently, the stock is trading at a trailing dividend yield of 6.13%.

Shares of F.N.B. Corp. (FNB) will be the talk of stock market on Monday as the stock will turn ex-dividend. The company's next dividend payment will be $0.12 per share, and in the last 12 months, the company paid a total of $0.48 per share. Last year's total dividend payments show that FNB has a trailing yield of 3.92% on the current share price of $12.23.

Tomorrow, H&R Block Inc. (HRB) is also set to go ex-dividend on Monday. The next dividend payment from HRB will amount to $0.32 per share. December 05 has been designated as the record date for this dividend, with the actual payout scheduled for January 04. In the previous year, HRB distributed a total of $1.29 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for HRB stands at 2.82% based on the current stock price of $45.93.

Old Republic International Corp. (ORI) will be paying out a dividend of $0.24 per share to shareholders holding their shares as of the close of the business hours on the record date of December 05. Over the past 12 months, ORI has paid out a total of $1.16 per share in dividends. Based on the total dividends paid out last year, ORI boasts an impressive trailing yield of 3.95% on the current share price of $29.33.

Crypto Market Highlights

Most Shorted Stocks

Guess Inc. (GES) was one of the most shorted stocks as of latest short interest figures, with 31.30% 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 7.4. This represents a change of -20000 shares, which corresponds to a -0.24% decrease in short interest. The total value of the shares held short is estimated to be around $183.21 million. The average daily volume stands at 968.60K shares, and the market capitalization of the company is $1.18B.

The Frontier Group Holdings Inc with the symbol ULCC currently has a short interest of 31.95%. The short interest has changed by 60000 shares. The days to cover ratio stands at 5.1. The estimated value of the shares held short is approximately $48.64 million. On an average day, 2.44M shares are traded, with the company's market capitalization totaling $864.34M.

For the stock Imperial Petroleum Inc (IMPP), the current short interest is at 31.74%. This represents a significant short interest change of 290000 shares, corresponding to a short interest percentage increase of +13.81%. The days needed to cover the short positions amount to 3.2. The approximate worth of the shares held short is $3.97 million.

With the symbol VERV, the stock currently has a short interest of 30.78%. The short interest change is 660000 shares, compared with a short interest percentage change of +5.20%. It would take approximately 9.5 days to cover all the short positions. The shares short value is estimated to be around $26.96 million. The company boasts an average daily volume of 1.49M shares, contributing to a market capitalization of $719.10M.

The stock GRPN has a current short interest of 31.25%. The short interest percentage has experienced decrease of -1.75% while there was a change of -90000 shares in short interest. The ratio indicating the time required to cover short positions is 3.4. The calculated worth of the shorted shares amounts to around $150.99 million. Trading activity averages at 1.48M shares per day, while the company's market capitalization stands at $360.22M.

Energy Stocks to Watch

According to our ST Score evaluation, Tenaris S.A. ADR (TS) emerges as a high-quality stock in the Energy industry, attaining an impressive score of 72.0. The stock's profitability, performance, financial strength, stock sentiment, and Piotroski Score are strong. Additionally, it is neutral in terms of value, growth, and forecast.

Our ST Score also classifies Teekay Tankers Ltd (TNK) as a high-quality Energy stock today, presenting a Score of 71.0. The stock has strong fundamentals in terms of valuation, profitability, performance, financial strength, stock sentiment, and Piotroski Score. The growth, and forecast are neutral.

Another stock in the category, Dorian LPG Ltd (LPG) has the ST Score of 69.0, which means that the stock carries the potential for higher returns. The stock is strong in valuation, profitability, performance, financial strength, and stock sentiment. Growth, piotroski score, and forecast suggest a neutral outlook.

Teekay Corp (TK) stock has the ST Score of 68.0 which implies that the Energy company has a high probability of beating the market. The stock's strengths lie in its valuation, financial strength, stock sentiment, and Piotroski Score. However, it shows neutral outlook in profitability, performance, growth, and forecast.

International Seaways Inc (INSW) currently has the ST Score of 68.0, which signifies a huge upward potential. The Energy stock's strong points are its valuation, profitability, financial strength, and Piotroski Score. The stock's performance, growth, stock sentiment, and forecast indicate a neutral outlook.