• @el_muerte@lemm.ee
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    676 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.

        • @Cocopanda@futurology.today
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          76 days ago

          Capitalism supports Psychopathic behaviors. They don’t care about satisfied. They want profit at all costs. Even if it means killing you and your family. The gears of industry must be lubricated.

        • @ILikeBoobies@lemmy.ca
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          25 days ago

          Investors want to make money, if it looks like they can’t then they are going to find a different company

          That’s why Capitalism was so against people with wealth and so pro skilled labour