ChartPros Market Insights

Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, "Alibaba" or "Alibaba Group") will report its unaudited financial results for the quarter and fiscal year ended March 31, 2023 before the U.S. market opens on Thursday, May 18, 2023, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day.

For the last 8 quarters price has advanced 50% of the time and declined 50% of the time during earnings week. 

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Home Depot (HD) is set to report earnings before market open on Tuesday May 16, 2023.  Based on recent options activity the market is anticipating about a $14.65 move in either direction by the close of market on Friday May 19th.

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Should Disney (DIS) long term investors be worried about the stock price's recent and continued battering or should they see it as a time to add more to their portfolio?  Short term traders have had excellent conditions to trade its volatility in both directions between $90 and $115.

The question becomes when will that range break and in which direction?

The Dow futures ticker /YM hourly pre-market chart for today is suggesting an upcoming directional decision may be coming soon based on its volatile but range bound moves the past few days.

See what could happen today!

PayPal (PYPL) bears have been in the driver's seat since its lofty $310 all time high back in July 2021.

Since then price has fallen through each possible support level without any sustainable push by PayPal bulls.