Gun Stocks Won't Fare Well Under Trump
With Trump in office, and more importantly, with Republicans in full control, gun stocks aren't going to do well. Gun stocks have done great over the past eight years with the constant narrative that Democrats were looking to take your guns away.
Anytime a high profile shooting attack happened, gun stocks would rally because people would think a high profile attack would drive congress to work together to pass gun restrictions, so they'd rush to buy guns before that legislation occurred (it never occurred).
Fast forward to today and Republicans have repealed a law that restricted people with a historly of mental health from buying a firearm. Suffice to say, I don't think people will be rushing to the store to stock up on guns when Republicans are in full control. AOBC and RGR may prove to be strong structural shorts over the next few years.