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.
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.