Let's say you have data from two random variables $X$ and $Y$, and the two random variables are highly correlated (ex: $r=.97$). The p-value, which is testing the null hypothesis that there is no correlation, is low, which indicates that there is a correlation.
Can you test a one-sided hypothesis $H_0: r=0, H_a: r>0$ if previously you had hypothesized a positive (or negative, if that's the case) correlation? If so, would you multiply the p-value calculated above by $0.5$ to achieve the p-value for this directional, one-sided test?