02Dec11:04 amEST

Unfazed Tase

All of the future sales likely pulled forward by RGR and SWHC, the premier firearms makers traded publicly, in recent years have likely been adequately priced into those stocks. When you factor in President-Elect Trump's desire to seek a rather pro-Second Amendment Justice on the Supreme Court, the bull case for RGR SWHC tends to diminish all the more. 

And the proof is, indeed, found in the pudding. On the first daily chart, below, note SWHC breaking down from the highlighted bear pennant after weak guidance in its latest earnings report. For all intents and purposes, RGR and SWHC are out of favor and should not be seen as tempting to bottom-fish, just yet. 

Instead, Taser may be in a better place as a happy medium between police using lethal force versus society running amok in complete anarchy. Although that is clearly generalizing, the second daily chart, below, for TASR shows a much more constructive setup long with a move over $28.30. 

Amid the many headlines involving both the Second Amendment, firearms sales, as well as events involving local police in recent years, the market seems to be shifting gears here which is certainly worth noting. 

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