• el_muerte@lemm.ee
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    9 days ago

    the dreaded “death cross,” a historical indicator of a likely downturn for the company

    […] occurs when a company’s 50-day moving average crosses and drops below the 200-day average.

    Fuck Tesla and all that, but holy shit is that standard ever a depressing indicator of to just how reliant late stage capitalism is on endless growth that a tiny dip after half a year of stagnation is a reliable indicator of a company’s imminent failure.

  • Imgonnatrythis@sh.itjust.works
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    9 days ago

    No such thing as a death cross for a company that is now embedded at the highest level of the federal government. Don’t get too excited, ass hat and the swasticars aren’t going anywhere. If you havent dumped your Tesla yet, get fucked at this point.