Dear Readers,

The market's transient downturn on Wednesday appears to have swiftly subsided, as all three major U.S. indexes saw an uptick on Thursday morning. 

As of 11:43 AM ET, the Dow was up 218.9297 points, or 0.5904%, at $37300.93. The Nasdaq Composite added 152.2422 points, or 0.9197%, at $16706.4. The S&P 500 rose 33.9297 points, or 0.7222%, at $4732.28. Among the 11 major S&P 500 sectors, 7 showed positive movement, with Health Care leading the way with a 0.49% increase. 

The third-quarter GDP growth of 4.9%, slightly below the recent Bureau of Economic Analysis estimate, aligns with the desired soft economic landing envisioned by investors.

Noteworthy stocks for the day include Nike, set to report earnings later, and Micron, which gained momentum post-Wednesday results. Investor attention is also directed toward media giants Warner Bros. Discovery and Paramount amidst merger talks.

While the 10-year Treasury yield remained steady, the 2-year yield experienced a decline. Crude oil futures observed a drop, with global benchmark Brent crude futures nearing $78 per barrel. In a significant development, Angola, a key OPEC producer in Africa, is reportedly departing from the oil cartel, as reported by a local news agency.

Geopolitical Tensions & Energy Security: This Stock Holds the Key

As the world grapples with geopolitical instability and energy independence concerns, this uranium company is in prime position to capitalize. Its geographically strategic location and reliable supply chain provide a vital solution for nations seeking secure energy sources. Don't miss out on investing in the future of energy security.

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Top Movers: Under $10

Hookipa Pharma Inc (HOOK) is up 85.84% today to trade at the current level of $1.05 as investors react to news of a share purchase agreement with Gilead Sciences (GILD).

DMK Pharmaceuticals Corp (DMK) zoomed 41.01% in today’s trade to $0.83 after announcing that it has regained the full rights to commercialize ZIMHI® (naloxone) after the termination of an exclusive commercialization and distribution with US WorldMeds, LLC.

In current trading, Singlepoint Inc (SING) stock is at $2.37 after releasing shareholder letter overviewing 2023 and successful listing on Cboe BZX Exchange.

Iris Energy Ltd (IREN) rose 30.83% in the early hours of today's trading to move at $7.24. The company provided a business update.

In the current trading session, Annexon Inc (ANNX) jumped 17.01% to $3.37 over a previous close of $2.88 after announcing pricing of $125.0 million underwritten public offering of common stock.

Geopolitical Chessboard: This Stock Holds the Uranium Kingpin

As global tensions simmer and energy security becomes the ultimate poker chip, this uranium company is quietly securing its position. Imagine owning Exxon before the oil boom – this could be your chance to do the same in the new energy landscape. Don't miss out on the geopolitical play of the century.

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Ex-Dividends Stocks

REV Group Inc (REVG) 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 $0.05 per share. The company has fixed December 26 as the record date for the same and will pay the actual dividend on January 12. Last year, the company distributed a total of $0.28 to its shareholders. Based on the last year's worth of payments, REVG has a trailing yield of 1.51% on the current stock price of $18.23.

Another stock that is shelling out dividends tomorrow is Portland General Electric Co (POR), having a market capitalization of $4.38B. It will pay a dividend of $0.47 per share, the payment date of which is January 15. Currently, the stock is trading at a trailing dividend yield of 4.33%.

Shares of Vail Resorts Inc. (MTN) will be the talk of stock market on Friday as the stock will turn ex-dividend. The company's next dividend payment will be $2.06 per share, and in the last 12 months, the company paid a total of $8.46 per share. Last year's total dividend payments show that MTN has a trailing yield of 3.82% on the current share price of $221.37.

Elbit Systems Ltd. (ESLT) is also set to go ex-dividend tomorrow. The next dividend payment from ESLT will amount to $0.42 per share. December 26 has been designated as the record date for this dividend, with the actual payout scheduled for January 08. In the previous year, ESLT distributed a total of $2.00 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for ESLT stands at 0.93% based on the current stock price of $214.60.

New York Mortgage Trust Inc (NYMT) will be paying out a dividend of $0.2 per share to shareholders holding their shares as of the close of the business hours on the record date of December 26. Over the past 12 months, NYMT has paid out a total of $1.28 per share in dividends. Based on the total dividends paid out last year, NYMT boasts an impressive trailing yield of 14.53% on the current share price of $8.83.

Crypto Market Highlights

Most Shorted Stocks

Biodexa Pharmaceuticals Plc ADR (BDRX) was one of the most shorted stocks as of latest short interest figures, with 24.13% 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 0.5. This represents a change of 301400 shares, which corresponds to a +3,044.44% increase in short interest. The total value of the shares held short is estimated to be around $0.81 million. The average daily volume stands at 646.39K shares, and the market capitalization of the company is $0.62M.

The Redhill Biopharma Ltd. ADR with the symbol RDHL currently has a short interest of 24.21%. The short interest has changed by 4710900 shares. The days to cover ratio stands at 0.5. The estimated value of the shares held short is approximately $6.64 million. On an average day, 10.06M shares are traded, with the company's market capitalization totaling $27.54M.

For the stock Sunnova Energy International Inc (NOVA), the current short interest is at 33.57%. This represents a significant short interest change of -620000 shares, corresponding to a short interest percentage decrease of -1.71%. The days needed to cover the short positions amount to 5.9. The approximate worth of the shares held short is $505.02 million.

With the symbol BLNK, the stock currently has a short interest of 27.18%. The short interest change is 580000 shares, compared with a short interest percentage change of +3.27%. It would take approximately 5.9 days to cover all the short positions. The company boasts an average daily volume of 4.16M shares, contributing to a market capitalization of $205.60M.

The stock TWST has a current short interest of 26.72%. The short interest percentage has experienced increase of +2.60% while there was a change of 390000 shares in short interest. The ratio indicating the time required to cover short positions is 15.0. The calculated worth of the shorted shares amounts to around $642.48 million. Trading activity averages at 1.19M shares per day, while the company's market capitalization stands at $2.02B.

Biotech Stocks to Watch

According to our ST Score evaluation, BioNTech SE ADR (BNTX) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 64.0. The stock's valuation, profitability, financial strength, and Piotroski Score are strong. However, its growth are weak. Additionally, it is neutral in terms of performance, stock sentiment, and forecast.

Our ST Score also classifies Veracyte Inc (VCYT) as a high-quality Biotech stock today, presenting a Score of 63.0. The stock has strong fundamentals in terms of profitability, performance, financial strength, and stock sentiment. However, it has weak value. The growth, Piotroski Score, and forecast are neutral.

Another stock in the category, Ocuphire Pharma Inc (OCUP) has the ST Score of 62.0, which means that the stock carries the potential for higher returns. The stock is strong in valuation, profitability, financial strength, and stock sentiment but weak in performance. Growth, piotroski score, and forecast suggest a neutral outlook.

Arcturus Therapeutics Holdings Inc (ARCT) stock has the ST Score of 62.0 which implies that the Biotech company has a high probability of beating the market. The stock's strengths lie in its valuation, profitability, performance, stock sentiment, and Piotroski Score, but its weaknesses are in its growth, and financial strength. However, it shows neutral outlook in forecast.

Protalix BioTherapeutics Inc. (PLX) currently has the ST Score of 62.0, which signifies a huge upward potential. The Biotech stock's strong points are its profitability, performance, growth, and stock sentiment, while its weak points are its financial strength. The stock's value, Piotroski Score, and forecast indicate a neutral outlook.