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>> No.23475361 [View]
File: 269 KB, 1309x900, NICS_Firearm_Background_checks_September20.png [View same] [iqdb] [saucenao] [google]
23475361

blam blam shooty stocks were bearish this week and I think they're worthwhile to consider at these levels for a short term trade. Ruger has earnings coming up on the 28th. Aside from the colloquial data of gun shops saying demand remains very high and brands putting notices on their own websites saying they're working as hard as they can to meet demand pls be patient, there is one additional source of data to look at: NICS firearm background checks for purchase.
https://www.fbi.gov/file-repository/nics_firearm_checks_-_month_year.pdf/view

June/July was the big spike. Numbers gradually tapering off since then but still well above previous year. Year over year percentage increase by month (sept 2019 vs sept 2020 etc.):
>September +31%
>August +31.6%
>July +79%
>June +70%
>May +31.5%

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