Trade war hurts Americans. When will people wake up?
Just read some conspiracy theory saying China reduced buying treasuries and thus pushing up interests rate. Need to tank American stock market before Xi and Trump meet in November and to hurt Trump in midterms. No idea if itâs at all true. Fun speculation.
Yesterday, Amazon was just $1.82 above SMA 200 closed. Today after market went down below SMA 200. Not calculated SMA-50
Good Learning some TA.
The âcrossâ refers to two simple moving averages â crossing â over each other. A golden cross is considered a bullish sign; it occurs when the 50 - day moving average rises above 200 - day moving average . A death cross is considered a bearish sign; it occurs when the 50 - day moving average drops below 200 - day moving average .
Just read an article in the San Diego Union Tribune about a guy in Oakland who bought a prefab home through Amazon and put it up in one day. I wish I could share the link but the e-version of the paper doesnât allow copy and paste. He had a small crew working for him. They just got the house up in one day but did not do the interior finishing, like plumbing or electrical.
Brazil is an insane place to do business. Some specific items have insanely high tariffs, so they have to be built in Brazil. Employers pay a payroll tax thatâs ~90%, so labor costs almost double what it should.
At one of my prior companies we learned our competitor was illegally importing things without paying the import tax. It was saving them a ton of money. The process for reporting them and having it fixed was beyond bureaucratic and would take years to remedy.