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Ooh, “death cross” has a certain ring to it, don’t you think?
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@aral@mastodon.ar.al accessibility note: Business Insider does this thing where it automatically redirects you to the local version of the website, which in many cases causes a 404 error because such an article isn't covered in different languages, and as far as I'm aware the only way to bypass it is using a vpn
But yeah, Musk being a nazi is something I know without articles anyway, heh 
Just remember that this is just an 'indicator', which is another way for finance people to say: "we have no idea what it means, but it sure doesn't look good".
The real number is that Tesla stock is down 50% since December 2024, 3.5 months ago which means it's not doing good.
Agreed. I did a massive investigation years ago for a commodities trader, where we compared crossings of hundreds of moving averages of various widths, to see if they ever correlated with future price changes.
They did not. At all.
I mean, who would have expected them to? If it were that easy to predict the market, we'd all be rich.