AON — All updates

Aon's stock fell by 20%, while

Finally, the company you may have heard of the least unless you work in the world of finance and insurance, but which may be the most interesting, is Aeon. It is sitting less than 1% above its 52- week low, down about 23%.

So, what does Aeon actually do ? Well, it's very simple. It is the intermediary for risks. When a giant corporation needs insurance or assistance with employee health and pension plans, Aeon is the expert consultant who arranges it all and gets a commission.

In other words, they are their sales representatives. But they sit there and say they are managing the risks. She already has large arms. One for insurance and another for employee benefits and retirement.

And here lies the beauty. " Ion" does not bear the insurance risks itself. She only charges for providing advice. In other words, for sale.

Next up, we've got Aon on the other side of the spectrum, too. Much like Take-Two, dropping today, guys. Dropping 9.53% decent decline breaking from this failed attempt to get into the top 50% of this parallel.

Now, if I rewind the clock, you can see this parallel extends all the way back here to the lows in 2020. Now, the one thing that's a little troubling here for Aon, notice all of this consolidation that occurred.

All of this bearish consolidation, mainly for this year, February all the way up until June. Had that attempt, got rejected. Now, we find ourselves back in this consolidation and we're doing so not that far away from the last time we hit, considering the previous time we hit was in 2020.