The golden cross is a technical indicator that occurs when a stock's 50-day moving average crosses above its 200-day moving average. This suggests that the stock's long-term trend may be changing, and it could be a bullish signal for investors. In the case of Stanley Black & Decker, the golden cross has just formed, which could indicate a potential bullish trend for the stock. However, it's important to note that seasoned investors don't blindly trade golden crosses, but use them as a signal to start considering long positions based on other factors, such as price levels and company fundamentals.