GUNS ARE IN AN UPTREND
The Second Amendment is alive and well.[ad#Google Adsense 336×280-IA]It doesn’t matter if you’re Republican, Democrat, Libertarian, or a member of the Peace & Freedom party.
There’s one thing we can all agree on… The Obama administration has been bullish for gun sales.
Gun manufacturer stocks like Smith & Wesson (SWHC) and Sturm Ruger & Co. (RGR) bottomed almost exactly four years ago and have been soaring higher ever since.
So the question traders should be asking themselves ahead of next week’s election is…
“Will the Obama bull market in gun sales continue, or is it time for a Romney correction?”
– Jeff Clark
Source: Market Notes