How AMZN Could Fall Below $200

Today's updates from Rick's Picks. You are receiving this email because you signed up for daily updates at www.rickackerman.com Is this email not displaying correctly? [View it in your browser](. [Follow on Twitter]( [Forward to a Friend]( The Hidden Pivot Seminar "Trading success is only six hours away." Learn Rick Ackerman's risk-averse Hidden Pivot Method and never trade the old way again. -------------------------------- “...I am pinching myself to be sure I am not dreaming. I am more confident every day with the HP approach. I am making money... I am able to escape the screen if I so wish. I do not end the day stressed and hyperactive. Impressed? I am absolutely knocked out - just wish I had found the site years ago. Best wishes, long may you continue.”- David Ivory --------------------------------------------------------------- - [North Korea Is on Investors’ Radar]( - [How Long Can Mr. Market Waffle?]( - [One-Decision]( Are Too Enticing to Shun for Long]( - [Over-Under Bet for a Holiday-Shortened Week]( - [‘Seasonality’ Takes a Licking]( - [Pre-Holiday Hijinx]( - [Is ‘Matt’s Curse’ About to Doom Stocks?]( - [Nasdaq Produces a Rare Profit for Shorts]( - [AMZN Glowers at Bears]( Rick's Pick for Thursday How AMZN Could Fall Below $200 Published Wednesday, March 28, 7:50 p.m. EDT Traders savaged AMZN on Wednesday, knocking $30 billion off the company’s market value following a report at Axios.com that Trump thinks the retailer is too powerful. The timing of this oft-rehashed story undoubtedly was orchestrated by shakedown artists on Wall Street who stand to make hundreds of millions of dollars as the stock swings violently up and down, eventually coming to a relative state of repose in a week or two. Even so, the “news” ginned-up by Axios raises the question of whether Trump might be right. Putting aside his well-known hostility toward Amazon and its founder, Jeff Bezos, it is plainly obvious that the retailer actually is too powerful. The reason most of us don’t care is that Amazon continues to deliver, with amazing speed and at excellent prices, every product a shopper could conceivably want or need. Amazon is so good at this, especially when dealing with customers in the boondocks and in densely packed urban areas, that it could raise prices at will. So why hasn’t it done so? The reason is that, at least for the time being, Bezos would rather grow market share than his bottom line. But imagine what could happen as the Seattle-based behemoth gets closer to its implicit goal of monopolizing the world of retail. Presumably, they would have even more pricing power than they have now — enough to charge whatever they want. When customer protests start to grow in size and intensity, Amazon will put out a press release that says, in effect, Hey, we’re finally making a profit! Does anyone have a problem with that? Pitchfork Rabble Third-party retailers would have to kowtow or risk being cut adrift. If the resulting price hikes were to occur in conjunction with a bear market and an economic recession, every shopper in America will start looking at Amazon the way Trump does. And then what? If you think the U.S. Government would never try to regulate Amazon the way it does public utilities, you’re in for a surprise. With pitchfork rabble marching on Washington to demand “fair prices,” you had better believe that Trump, or whoever else is in the White House, would happily oblige. Under the circumstances, it is not inconceivable that Amazon shares that have recently traded as high $1617 could fall below $500 — or even below $200. That’s what happens at bear market bottoms: Things sell for prices that we could never have imagined in good times. Don’t think it couldn’t happen again. Incidentally, I will continue to chart AMZN’s ups and downs diligently, since the stock remains the single best proxy we have not only for the mindset of fund managers, but for the health and direction of the U.S. economy. If you don’t subscribe but want to join in the fun, [click here]( for a two-week free trial to Rick’s Picks, including access to a 24/7 chat room that draws great traders from around the world. [follow on Twitter]( || [forward to a friend]( Copyright © 2018 Hidden Pivot Enterprises, All rights reserved. You're receiving this email because you requested that our Daily Commentary be emailed to you. If you don't wish to receive further mailings, please use the unsubscribe link at the bottom of this message. Our mailing address is: Hidden Pivot Enterprises PO Box 270646Louisville, CO 80027 [Add us to your address book](//Com.us1.list-manage.com/vcard?u=822f57272edf2c46e4f77a7be&id=ca89ff5d33) [unsubscribe from this list]( | [update subscription preferences](