DOW 15,354.40 0.80%

NASDAQ 3,498.97 0.97%

S&P 500 1,667.47 1.03%

VIX 12.45 -4.74%
SPX 500 (CFD) 1,665.90 -0.01%

DOW (CFD) 15,345.00 -0.06%

NASDAQ 100 3,025.10 -0.13%

EURUSD 1.283 -0.05%
UK 6,723.06 0.53%

GERMANY 8,398.00 0.34%

FRANCE 4,001.27 0.56%

SPAIN 8,582.40 0.47%
H. KONG 23,082.70 0.17%

JAPAN 15,138.10 0.67%

KOREA 1,986.81 0.79%

SHANGHAI 2,282.87 1.38%
NAT GAS 4.10 -0.24%

GOLD 1,453.60 -0.60%

SILVER 23.76 -0.77%

COPPER 3.19 0.32%
FRANCE 2YR 0.19 -10.90%

GERMAN 2YR -0.03 -314.29%

ITALIAN 2YR 2.18 27.59%

SPAIN 2YR 2.81 8.21%
FRANCE 10YR 1.86 -0.96%

GERMAN 10YR 1.33 -0.38%

ITALIAN 10YR 3.90 -2.04%

SPAIN 10YR 4.21 -2.35%
WTI 96.02 0.90%

BRENT 104.72 0.00%

WTI/BRENT 8.70

321 CR SPR 21.96 10.04%

Durable Artillery

By chessNwine – Tue Sep 18, 2012 10:44am – 1 Comment

In late-August my analysis of firearms makers RGR and SWHC led me to believe that their uptrends were growing long in the tooth. At the very least, there were better places to look for longs. As you can see on the updated chart below, though, both stocks have recovered impressively from last month’s weakness and may very well be poised to run into the holidays (as many year-long winners frequently do in bull runs).

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One Response to Durable Artillery

bottom_feeder says:

September 18, 2012 at 4:01 pm

I remember 4 years ago a similar run up over the summer ahead of the election forecast that Obama would win. People were buying up guns as fast as they could produce them. Could this be another Obama generated fear rally? If he gets elected and starts his war on gun owners in earnest these stocks could get hit hard. I’m inclined to avoid them at this point.

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Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,354.40 0.80% NASDAQ 3,498.97 0.97% S&P 500 1,667.47 1.03% VIX 12.45 -4.74%	SPX 500 (CFD) 1,665.90 -0.01% DOW (CFD) 15,345.00 -0.06% NASDAQ 100 3,025.10 -0.13% EURUSD 1.283 -0.05%	UK 6,723.06 0.53% GERMANY 8,398.00 0.34% FRANCE 4,001.27 0.56% SPAIN 8,582.40 0.47%	H. KONG 23,082.70 0.17% JAPAN 15,138.10 0.67% KOREA 1,986.81 0.79% SHANGHAI 2,282.87 1.38%	NAT GAS 4.10 -0.24% GOLD 1,453.60 -0.60% SILVER 23.76 -0.77% COPPER 3.19 0.32%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR -0.03 -314.29% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.86 -0.96% GERMAN 10YR 1.33 -0.38% ITALIAN 10YR 3.90 -2.04% SPAIN 10YR 4.21 -2.35%	WTI 96.02 0.90% BRENT 104.72 0.00% WTI/BRENT 8.70 321 CR SPR 21.96 10.04%