If I Told You…

To say: “There are things going on in the world that are taking people by surprise.” today, it would be an understatement. However, what I do want to point out when it comes to the “markets,” warning signs have been present but, no one wanted to see, let alone look. Yet, they are now making their presence known.

I’ve been detailing two, which I’ve felt, are significant precursors for signaling possible trouble. That “trouble” could be accelerating.

First: The “markets” appear to have lost its grip in what I’ve been detailing using the analogy of “the monkey bars.” Where it goes from here, we shall see, for it has more than once rebounded back.

Second: With that said, hypothetically, if we were having a conversation precisely one year ago to the day, and I said to you: “Amazon™ is going to have record earnings over the next year, it is going to be awarded back a large part of the cloud contract given to Microsoft™. Lock-downs that favored its unique position of market dominance would continue in varying forms throughout the year. And…it’s share price would rise 15% over those months. But – on the one year anniversary of this talk – it would be down on the year and right back where it is currently.”

Would you have thought it possible, then?

How about just a month ago?

Let’s see, shall we? To wit:

(Chart Source)

And here we are.

© 2021 Mark St.Cyr

Note: This is not trading or investing advice of any sort. This commentary is for “big picture” discussion purposes only. Please read, or re-read the “About This Site” page for any questions or clarifications.