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For those that believe the markets act as a discounting mechanism with predictive abilities about the future, consider the action in gun stocks;
The largest US gun co is Sturm Ruger $RGR. In the months leading up to the election in ‘16, RGR fell 22%.
1)
The largest US gun co is Sturm Ruger $RGR. In the months leading up to the election in ‘16, RGR fell 22%.
1)
2) With Trump as president, there’s no threat to the 2A, meaning fewer reasons to rush out & buy guns.
We’re seeing a similar pattern in ‘20. In just the last 6 weeks, RGR has fallen 31%.
And yes, the same trading patterns occurred ..
We’re seeing a similar pattern in ‘20. In just the last 6 weeks, RGR has fallen 31%.
And yes, the same trading patterns occurred ..
