 Ali Baba Singles Day sets insane record but his stocks barely moved. Let's find out why. Hey, what's up, YouTube? It's Zeke and welcome to the Dream Green Show. Today, we're going to talk about Disney Plus and Ali Baba and exactly why do some company stocks go through the roof when they have good news and why did Ali Baba stock when they had set an insane single day sales record why stock actually took a little dip or if even moved at all. Okay, so for everyone that don't know, Ali Baba is a company over in China that sells pretty much everything and their single day is just like Amazon's Amazon day and they completely destroyed it. They ended up selling $38 billion worth of items in the first couple of hours alone. Okay, so doing Ali's Baba first day, they sold over $38 billion. So at the same time, Amazon only sold $5.8 billion worth on Amazon day. So why didn't Ali Baba stock go through the roof? Okay, before we talk about why it didn't go up, Ali Baba had this to say, we are helping Chinese customers upgrade their lifestyles. China is an economic power and its citizens should celebrate by spending on Chinese platforms. While introducing new users to our digital economy from across China and around the world, other countries should recognize that China's tech, e-commerce and retail are legit. All right, so for those that don't know, a lot of drop shippers or e-commerce actually use Ali Baba. They set up stores here in America. They blast out sponsorships and commercials on Instagram and they take you to the site and you're ordered from that site. But what actually do the delivering is Ali Baba. They order it from Ali Baba and then they ship it out to your house. All right, so we take a look at Ali Baba. They sell anything from Nike, electronics, off-brand, Apple products, clothes, retail, pretty much anything that you could order online that actually can ship straight to your door for a very, very, very, very low price, almost at cost. Okay, so what you guys been running is, why didn't the stock price go up since it set an insane new record and why did Disney Plus have good news just a couple of days later and the stock went up almost 10% in a single day. Well, when stocks tend to not move is when something happens that was broadly expected to happen. So all of the shareholders of Ali Baba completely expected for it to set a new record on this day based off the same thing that happened last year on the singles day. So it setting a new record like this was not any real news to investors. It really didn't shock any investors at all. In fact, if they didn't break a new record that would have been bad news and negatively effect Ali Baba stock. Since all the shareholders knew that this was going to happen it didn't really affect the stock price at much, if at all. But at the same time, Disney Plus just launched their new service app that you can subscribe to that they announced that they had over 70 million subscribers signed up during the first week. Disney Plus got Walt Disney shows, Cartoon Network shows, The Simpsons, all the Marvel shows, Pixar. So right now they're killing it during the first month that they had 70 plus subscribers subscribed in the first month in a long. They was not expecting that. So that was actually good news for Disney Plus which sent this stock sky high. So what we're going to do now is that we're going to pull up Thinkorswim and we're going to look at the charts and see exactly how did it behave to these two news factors this week. Okay, so we're here with Ali Baba, ticker symbol B-A-B-A. If we go over to the singles day it started on the 11th. Right now we're on the four hour 180 day chart. The 11th is right here, right here 11-11 and the stock if we zoom in just a little bit actually went down. It actually started off the day down but once the news came out that it broke it actually went up just a little bit over $187 per share. And then for the rest of the week it kind of rolled down all the way down to today to where the price is back down to $182.80. So that is how Ali Baba reacted to the news. Investors already knew it was going to happen. It's kind of correcting itself over the last 180 day for our chart. It was a bit overbought right here. So it's pulling back a little bit. Looking like it's trying to recover pretty soon. I might get in on Ali Baba once the MACD crosses right here and goes into the green. I might actually get some Ali Baba stock right the way back up to its last resistance point and probably sell it at the top. But if we take a look at Disney and how did they perform on their good news it's right here Disney. I think you can all tell when the price went up and when the announcement was made. This is when Disney announced its earnings it went up 5.86% super over super overbought but it didn't matter because this is when Disney announced that the platform was available with all of their shows available to be streamed then it went up again another 8.2% in a single day. So I will not be buying any Disney any more Disney right now at the time I actually owned Disney I will wait for its a fair value. Right now it's a little bit overpriced for me at $147. Once I see Disney start to balance out a little bit more I'll pick up a couple more shares of Disney so I can add it to my dividend portfolio. Alright guys so to make it super simple on news is that when news is expected price of that stock is really not going to move too much at all when it's expected news. Now when news is a complete surprise something great happened to the company that investors was not expecting at all that stock price is going to go up. Now if there's bad news to come out of nowhere completely blindside and let's say a company has a complete recall of a certain product that no one knew was coming then that stock is going to dramatically drop down and go down very fast and you might want to sell and protect some of your holdings on that stock. So that's why it's very important to pay attention to the news and what's coming up and just don't buy into the hype. Don't buy because oh oh it just broke a record it must be doing very good. Let me buy and then you actually end up losing money. You actually have to pay attention to what's going on and what was expected to happen. But yeah guys if you guys participated in the Amazon day or Alibaba day or every order from Alibaba before drop a comment below on how that service was. China is trying to become a powerhouse letting everyone know that hey we sell high quality stuff too. But drop a like it really helped out this channel a lot subscribe and comment down on if you like Amazon or Alibaba better. But yeah this is Zeke bringing you the dream green show and I'm out peace.