Howdy, Scoopers,

The stock market had a fantastic start to November. It seems that there is an end to the U.S. and China trade deal, and we may be closer to a happy-ending than what we have assumed.

Beyond the overall market, what was once a darling in the athleticwear industry is now getting crushed by regulators, just a few weeks after its CEO resigned. And, if you missed the’s extraordinary growth, don’t you worry. The of India got a nod of approval from analysts at BofA Merrill Lynch.

Oh, by the way, if you’ve ever dreamed of a four-day workweek, all you need to do is to move to Japan and get a job at one particular tech company. That shouldn’t be too hard.

Scroll down to the “Overall Market,” “What’s Up?” and “What’s Down?” sections to learn more.


  • U.S. markets: All three indices finished Monday at least 1% higher than where they started the day. Scroll to the “Overall Market” section to learn more.
  • Cryptocurrency: Bitcoin’s price continues to hover above the $9,000 market for now. However, one interesting study suggests that one single entity is responsible for the Bitcoin price surge. The study was done by an academic team from the University of Texas and pointed the finger at Tether, a widely used digital token to trade Bitcoin. While Tether is rejecting the claim, but one thing that should become apparent to investors is that cryptocurrencies are far from becoming a norm.


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Are we there yet?

What happened on Monday?

Over the weekend, U.S. Commerce Secretary Wilbur Ross spread some happiness dust over the stock market. It looks like the U.S. and China are much further along in the phase one of the negotiations, and American tech companies can soon resume selling to Huawei, as a part of the progress made in the negotiations.

What does this mean?

The good news of this sort tends to boost the market’s optimism and bring excitement to the stock market. However, there are risks that go with it too.

As always, there is the risk that the deal doesn’t go through as planned. We have seen this happen quite a few times in the last year or so. And we are all familiar with it.

The second risk is a bit hidden. A piece of happy news like that can excite the market. Wherever the trade deal lands. it doesn’t change the fact that we are in the 11th year of a continuous bull market in the U.S. By the usual rhythm of the market, we should be ready for the downward part of the cycle. A tread deal can overshadow the reality of market cycles. And, that’s a hidden risk savvy investors should not ignore.

WHAT’S UP of India

So, what happened?

Shares of MakeMyTrip (Ticker: MMYT) were up more than 15% on Monday. The company is one of the leaders in the emerging e-travel market in Indian. Some call it the (Ticker: BKNG) of India. It generates revenues from three different revenue streams – Air ticketing, Hotel bookings and a newly added reporting segment, Bus ticketing. Along with these, the company also earns revenues by selling rail tickets, offering credit cards, and expanding into corporate travel.

While the stock is not too well-known to American investors, it has the potential to grow as fast as its counterpart online travel platforms in the rest of the world. Interestingly, in April 2019, the company announced that Ctrip (Ticker: CTRP), China’s largest online travel group, would raise its position in India’s MakeMyTrip to 49%. And, on Monday, a financial analyst at BofA Merrill Lynch upgraded the company’s rating. This is a well-managed stock in a growing market that is listed in the U.S. and maybe worth having it on your radar.


Not a darling, anymore

Shares of Under Armour (Ticker: UA / Ticker: UAA) are down more than 18%. Under Armours’ investors can’t take a break. It was only a few weeks ago that the company’s founder and CEO stepped down and gave investors some hope that a long-awaited change is coming to Under Armour. However, happy times didn’t last too long. On Sunday, the company announced the regulators from the Securities and Exchange Committee have been investigating the firm’s accounting practices since 2017. It looks like there is a concern by the regulators that Under Armour manipulated its sales figures back in 2017.

What was once a darling of the stock market with hopes to underthrown Nike (Ticker: NKE), the king of athleticwear, is now struggling to stay on track. We are wondering how much longer are investors willing to stay around?


The 4-Day workweek is coming.

So, what happened?

Almost all of us are familiar with Sunday evening blues. You just had two full days off, but you do not feel rested.

Having a four-day workweek is something almost all office-workers dream of having. And, now they can. At least those that work for Microsoft (Ticker: MSFT) in Japan.

The company conducted an experiment in August, and gave employees Friday off, but kept paying them. Based on sales per employee, there was a 40% jump in productivity for the rest of the working hours compared to the same period a year ago.

Maybe a 4-day workweek becomes a reality sooner than what we all have hoped. And if it doesn’t, you can move to Japan and get a job at Microsft. That shouldn’t be too hard.

Have you seen any other examples of 4-day work week working? Have you been a part of such an experiment? If you were, let us know.

Hoda Mehr

Hoda Mehr

Brought to you by Hoda Mehr, Editor at Trade Stocks, CEO and Co-founder of Stock Card and the host of Renegade Investors podcast. She runs a community of 8,000 stock market investors and manages Stock Card's successful flagship portfolio, Roll with Our CEO, on Stock Card Portfolio Store. Hoda is an Economist with an MBA from Concordia, John Molson School of Business. She applies behavioral economics, data journalism and storytelling to all aspects of her work. Subscribe for free here: