$Alibaba(BABA.US)$
bought more. I now have 4884 shares total🍀

$Alibaba(BABA.US)$ is releasing its Q2 FY2024 earnings on November 16 before the bell.
How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $Alibaba(BABA.US)$'s opening price at 16:00 PM ET November 16 (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
(Vo...

Market sentiment: 😨 fear - 25 /100
Index:
⬆️ +5.71% VIX
⬇️ -1.26% S&P 500
⬇️ -0.64% Euro STOXX 50
⬇️ -0.30% FTSE All World Index
⬇️ -0.86% Dow Jones Industrial Average
⬇️ -1.53% NASDAQ Composite
$Nasdaq Composite Index(.IXIC.US)$ $S&P 500 Index(.SPX.US)$ $Dow Jones Industrial Average(.DJI.US)$

1. China's GDP grew by 4.9% in Q3 2023, beating expectations.
The growth was driven by stronger domestic consumption and industrial output. This prompted major brokerages to raise their full-year target, indicating a potential shift in Beijing's stimulus measures.
$Kraneshares Tr Bosera Msci China A Sh Etf(KBA.US)$ $iShares MSCI China ETF(MCHI.US)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $JD-SW(09618.HK)$ $BABA-SW(09988.HK)$
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$E-mini S&P 500 Futures(JUN4)(ESmain.US)$
Last Friday saw some major bullishness in the major indices. This came after some very worrying premarket price action. A huge gap down in premarket trading immediately followed the release of US employment and wage data. The S&P 500 initially fell over 1%. Things were looking very bearish.
Where Did the Bullishness Come From?
During intraday trading, the S&P finished over 1% in the green, completely reversing the ver...