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finexus
Dec 8, 2020 2:00 PM

RGR price hints at what traders think about the election 

Sturm, Ruger & Company, Inc.NYSE

Description

NYSE:RGR tends to perform well in the presence of social unrest and in the face of regulatory restrictions on firearms (reflect upon the Obama years etc). The mainstream narrative of a landslide Biden victory with no election fraud seems to contradict the story playing out in the price action of RGR. If confidence exists in a Biden victory, traders simply aren't seeing it that way. What do you think?
Comments
sunclades1
agree, except for calling communist "MAINSTREAM"
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