Alibaba Singles Day

Alibaba Group Holding Ltd. (NYSE: BABA) has its biggest weekend of the year: Singles Day. While American shoppers are gearing up for Black Friday and Cyber Monday, Chinese shoppers, particularly younger, single shoppers, are celebrating the Chinese version of an anti-Valentine’s Day by...

Since Alibaba Group Holding Ltd (NYSE: BABA) bottomed on October 15 at $82.81, it has rallied to well more than $100.00, and has passed $117 on Tuesday in step with the Chinese holiday, Singles Day. A Big Buyer During this same time period, there has been at least one identifiable trend in...