Dear Readers,

On Tuesday, the S&P 500 ascended amid a recent surge in stocks, following a more accommodative stance from the Federal Reserve. This upward momentum brought the broader index close to its all-time high.

After Tuesday's increase, the S&P 500 stands approximately 0.8% away from surpassing its previous record closing level and about 1.3% from matching its highest point during a trading day, both achieved in January 2022.

All three major indices are poised to conclude December with gains. The S&P 500 has climbed over 4% for the month, marking its longest weekly winning streak since 2017. Similarly, the Dow and Nasdaq have experienced gains of more than 4% and 5%, respectively.

As of 11:43 AM ET, the Dow was up 223.4922 points, or 0.5991%, at $37529.51. The Nasdaq Composite added 62.8125 points, or 0.3755%, at $16792.615. The S&P 500 rose 22.8101 points, or 0.4812%, at $4763.37. Among the 11 major S&P 500 sectors, 11 showed positive movement, with Materials leading the way with a 0.88% increase.

Unlock Uranium's Hidden Power: This Stock Is Ready to Shine!🌟

While others chase trends, the real gems often go unnoticed. Explore the untapped potential of a uranium stock gearing up for a breakthrough. Your journey to wealth starts now!

Discover a high-potential uranium stock poised for significant growth.

Top Movers: Under $10

Compugen Ltd (CGEN) is up 146.59% today to trade at the current level of $1.80 after announcing an exclusive licensing agreement with Gilead Sciences.

ProSomnus Inc (OSA) zoomed 63.89% in today’s trade to $1.03 after announcing the publication of a study by the Cureus Journal of Medical Science, in which the Company’s precision oral appliance therapy (OAT) devices successfully treated patients’ OSA.

In current trading, Panbela Therapeutics Inc. (PBLA) stock is at $1.55 following the US WorldMeds NDA approval for Eflornithine (DFMO) in Pediatric Neuroblastoma.

Intelligent Bio Solutions Inc (INBS) rose 40.79% in the early hours of today's trading to move at $0.40 after announcing that it has received National Association of Testing Authorities (NATA) accreditation for its Intelligent Fingerprinting Drug Screening Solution.

In the current trading session, Infobird Co Ltd (IFBD) jumped 25.42% to $1.70 over a previous close of $1.36 after the company announced thta it has signed a new business cooperation agreement with an unnamed company.

Uranium Uncovered: The Trade That Whispers Success!

While others search for noise, discover the subtle brilliance of an overlooked uranium stock. It's your chance to tap into an industry poised for growth. Start trading with potential, not hype!

Gain early access to this exciting uranium player.

Ex-Dividends Stocks

Southwest Airlines Co (LUV) is about to trade ex-dividend tomorrow, 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 $0.18 per share. The company has fixed December 21 as the record date for the same and will pay the actual dividend on January 11. Last year, the company distributed a total of $0.54 to its shareholders. Based on the last year's worth of payments, LUV has a trailing yield of 1.84% on the current stock price of $29.33.

Another stock that is shelling out dividends tomorrow is Altria Group Inc. (MO), having a market capitalization of $74.74B. It will pay a dividend of $0.98 per share, the payment date of which is January 10. Currently, the stock is trading at a trailing dividend yield of 9.07%.

Shares of Philip Morris International Inc (PM) will be the talk of stock market on Wednesday as the stock will turn ex-dividend. The company's next dividend payment will be $1.3 per share, and in the last 12 months, the company paid a total of $5.14 per share. Last year's total dividend payments show that PM has a trailing yield of 5.39% on the current share price of $95.36.

Caleres Inc (CAL) is also set to go ex-dividend tomorrow. The next dividend payment from CAL will amount to $0.07 per share. December 21 has been designated as the record date for this dividend, with the actual payout scheduled for January 05. In the previous year, CAL distributed a total of $0.28 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for CAL stands at 0.92% based on the current stock price of $30.52.

Carrier Global Corp (CARR) will be paying out a dividend of $0.19 per share to shareholders holding their shares as of the close of the business hours on the record date of December 21. Over the past 12 months, CARR has paid out a total of $0.69 per share in dividends. Based on the total dividends paid out last year, CARR boasts an impressive trailing yield of 1.21% on the current share price of $57.04.

Crypto Market Highlights

Most Shorted Stocks

Luminar Technologies Inc (LAZR) was one of the most shorted stocks as of latest short interest figures, with 18.89% 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 13.2. This represents a change of -260000 shares, which corresponds to a -0.34% decrease in short interest. The total value of the shares held short is estimated to be around $233.07 million. The average daily volume stands at 6.61M shares, and the market capitalization of the company is $1.23B.

The ChargePoint Holdings Inc with the symbol CHPT currently has a short interest of 34.63%. The short interest has changed by 34390000 shares. The days to cover ratio stands at 5.0. The estimated value of the shares held short is approximately $260.36 million. On an average day, 20.32M shares are traded, with the company's market capitalization totaling $1.12B.

For the stock Plug Power Inc (PLUG), the current short interest is at 25.9%. This represents a significant short interest change of -5,910,591 shares. The days needed to cover the short positions amount to 4.6. With an average daily trading volume of 33.75 million shares, the company's market capitalization reaches $2.70 billion.

With the symbol STEM, the stock currently has a short interest of 29.44%. The short interest change is 1140000 shares, compared with a short interest percentage change of +2.75%. It would take approximately 10.0 days to cover all the short positions. The company boasts an average daily volume of 4.49M shares, contributing to a market capitalization of $611.13M.

EV Stocks to Watch

According to our ST Score evaluation, Albemarle Corp. (ALB) emerges as a high-quality stock in the EV industry, attaining an impressive score of 58.0. The stock's profitability, and stock sentiment are strong. However, its performance are weak. Additionally, it is neutral in terms of value, growth, financial strength, Piotroski Score, and forecast.

Our ST Score also classifies Aehr Test Systems (AEHR) as a high-quality EV stock today, presenting a Score of 56.0. The stock has strong fundamentals in terms of profitability, growth, financial strength, and stock sentiment. However, it has weak value, and performance. The Piotroski Score, and forecast are neutral.

Another stock in the category, Ford Motor Co. (F) has the ST Score of 56.0, which means that the stock carries the potential for higher returns. The stock is strong in valuation, profitability, performance, and Piotroski Score but weak in growth, and financial strength. Stock sentiment, and forecast suggest a neutral outlook.

QuantumScape Corp (QS) stock has the ST Score of 55.0 which implies that the EV company has a high probability of beating the market. The stock's strengths lie in its performance, financial strength, and stock sentiment, but its weaknesses are in its profitability, and Piotroski Score. However, it shows neutral outlook in value, growth, and forecast.

BorgWarner Inc (BWA) currently has the ST Score of 55.0, which signifies a huge upward potential. The EV stock's strong points are its profitability, and Piotroski Score, while its weak points are its performance. The stock's value, growth, financial strength, stock sentiment, and forecast indicate a neutral outlook.