I have to be honest, as someone who is not fully immersed in the financial markets, the chart pattern reading kinda strikes me as astrology for guys in suits.
I feel this deep in my bones
astrology for guys in suits
Naw they already made that, it’s called the “Myers-Briggs Type Indicator”.
And apparently my team at work. It’s more of a curiosity (oh, you’re somewhat extroverted? Interesting!), and it gives us a chance to ask questions to get to know a new hire.
If you’re making actual decisions based on the MBTI test, then that’s on you. But it’s kinda fun to compare.
It’s used widely for actual hiring decisions. If you’re qualified for a job but they want an INTJ but you’re an ENTJ according the overgrown Facebook quiz, you get a rejection letter.
It’s unethical as fuck, and absolutely rampant in corporate America.
Now, as a team building exercise or role play to get to know potential clientele, yeah no harm.
Wow, really? We only do it like a couple weeks after hiring, and you can respectfully refuse. We just do it as a “get to know you” meeting so we can get the team familiar with the new hire.
Yeah, some employers are really stupid about it. They treat it like a crystal ball. I’m not an expert in psychology, so the best I got is second-hand insight, but one of the perks of working in a hospital is I get to routinely pick brains that are a lot smarter than mine, to include a couple of psych PhD’s: ask them about the Myers Briggs and they immediately start ranting about how it’s pseodo-science bullshit. And some doctors do rant about shit outside their scope of expertise, which pretty well puts them at the same level of idiocy as the rest of us (i.e., if your ortho doc starts raving about how vaccines cause autism, the MD on his badge carries literally zero weight: he knows the fuck out of bones, but until proven otherwise it’s best to assume he got his education on vaccines from Fox news). But when experts in psych bitch about psych stuff, I take that at face value.
I’m honestly surprised anyone puts any more weight into it than a conversion starter. Most of my team scores largely the same, yet each of us is very different in terms of work style. In fact, one of our introverts really likes direct collaboration, and one of our extroverts really doesn’t. It’s really not an indication of anything.
Oh my God this is so f-ing true. It makes me think a lot of sociology classes I took in college where we’d talk about the artificiality of money how it’s only meaningful because we have collectively decided it is. The folks who try to make it all scientific with lots of elaborate analytics and complex charts are basically just engaging a social math exercise.
100% totally is.
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.
There is only so much they can do to prop it up. If noone is buying them, and noone wants the stock, its going to go down short of the govt literally buying the stock and handing it over to musk.
That unfortunately would not surprise me. How sad.
Tesla could literally never sell another car again, and it wouldn’t matter as long as people continue to buy the stock.
It’s been wildly over priced for a very long time, so clearly the people who are keeping it afloat aren’t interested in whether the company is actually profitable or not.
I think those people were only buying and holding cause the stock price kept going up regardless of logic and reason. These people wanted to make money.
If they think they might lose money, I think they would probably sell.
That only goes so far. If the company ceases to exist because it cant pay its debts, its gonna get delisted from the exchange.
Til magically the government starts buying all its cars from them, and they start making tanks and drones for the military.
Cyber truck USPS fleet vehicles.
SAD
Standard American Diet XD
I dumped mine, originally was estimated to be a $92 fee or something to walk away from the lease.
Just found out a couple of days ago they’re charging me every fee under the sun. Now they want $4000. Have to put it on a credit card. It royally sucks, but I’m still glad I ditched it.
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Yeah, it’s absurd.
- The CEO is nearly universally reviled.
- They have the worst build quality of any vehicles sold in the USA.
- They are notoriously unsafe.
- They had to stop selling Cybertrucks because they had 8 recalls in a row and are literally held together with glue
- They were just hit with the most expensive recall of all time on their self driving bullshit.
- They are underwater in Europe & China.
- I probably have forgotten something.
The earnings call on the 22nd should be very interesting.
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Well, in Canada they got caught faking last-minute sales for EV rebates, which might trigger closer scrutiny in other places as well
How do we have different bullet points on our lists?
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Interesting, I used the list button on the web based editor.
They steal from OpenSource, they’re a privacy nightmare ?
I wish the market actually gave a shit about those things.
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I would like to remind everyone, as people seem to keep forgetting, Tesla means nothing to Elon. It could go to zero and it wouldn’t affect him.
Twitter, or X, means nothing to Elon. It could collapse and shut down and it wouldn’t affect him.
SpaceX is his baby. Nothing even comes close. Starlink alone guarantees he will always be one of the richest men in the world.
That’s a testable hypothesis: burn Tesla, Twitter, SpaceX etc to the ground. We can measure his reaction to each, and compare.
No, he cares for Twitter.
SpaceX lets him pretend he’s some great tech genius, but Twitter is what gives him the validation he craves. All the pro-Elon bots and stans there who fellate him feed his narcissistic desire to be loved.
That’s why he “sold” Twitter to xAI. So if Tesla does tank hard enough and he gets margin called, he can’t be forced to sell Twitter to cover it.
he can’t be forced to sell Twitter to cover it
realistically, if that were to happen, any other company interested in an acquisition would have valued it pennies on the dollar
It could go to zero and it wouldn’t affect him.
He leveraged his Tesla stock to buy Twitter. If the stock drops below a certain price, the banks will confiscate the stock. If it’s not enough to cover, they’ll confiscate Twitter.
But maybe I’m wrong. I would love to find out either way.
Not exactly I’m pretty sure he’s using his stocks as collateral for lots of stuff.
He’s a huge buy, borrow, die financial strategy guy.
I hear what you are saying, but I still like to see Nazis hurt.
Let’s make Tesla a penny stock.
Yup, this is why we need to either nationalize Starlink or just shut it down completely. This isn’t something a single private company should have control of.
Yes. But didn’t the entire stock market (SPY) do the same thing on the daily chart?
But if they specifically call out Tesla, they get more clickbait engagement, plus it now qualifies as a tech story! Double win!
"…the dreaded “death cross,” a historical indicator of a likely downturn for the company.
"Business Insider called out the event, which has been hitting the stock indexes of some major players over the last couple of weeks as tariff trouble has hit just about everyone. Tesla is just the latest to see the symbol of bearishness, which occurs when a company’s 50-day moving average crosses and drops below the 200-day average.x
Here’s how it looks all time
:)
Anything new mentioned in this article?
