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Tesla Stock Price Reaches 'Death Cross' Status (gizmodo.com)

submitted 1 week ago by remington@beehaw.org to c/technology@beehaw.org

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[–] ryper@lemmy.ca 7 points 1 week ago* (last edited 1 week ago)

Tesla is far from alone in flashing the “death cross.” The S&P 500 and Nasdaq 100 both showed it as well on Monday, as the indexes continue to fluctuate in wild and somewhat unpredictable ways thanks to the endless uncertainty that the Trump administration has introduced to the market through its blanket tariffs and “will they, won’t they” exceptions that keep getting tacked on and taken off.

An individual stock hitting this point doesn't really seem like that big a deal when indexes are getting there.