Fwd: Sell Your Gun Stocks Now

---------- Forwarded message ----------
From: Rude Awakening <rude@agorafinancial.com>
Date: Fri, Aug 29, 2014 at 7:08 AM
Subject: Sell Your Gun Stocks Now
To: iammejtm@gmail.com

The end of the "gun control bull" August 29, 2014 Archives | Unsubscribe     Sell Your Gun Stocks Now   The end of the "gun control bull" Assault rifle surpluses Plus: More evidence of market manipulation   Greg Guenthner coming to you from Baltimore, MD... Greg Guenthner Just call it "peak gun"... Yes, the gun bubble is finally popping. After years of backorders, heated debates, and fears over strict new laws, the assault rifle binge is beginning to sputter... "Assault-rifle sales stopped in their tracks," Jim Hornsby, owner of Mainstreet Guns & Range in Atlanta tells Bloomberg. Hornsby estimated sales of assault rifles are off by a staggering 70% from last year. "It's hard to give an AR away," he says. Part of the reason for the sharp drop in gun sales is the subsiding fear of new gun control legislation. Despite several high-profile mass shootings taking place over the past few years, lawmakers have not passed any laws that could potentially devastate the American gun industry. According to Bloomberg, criminal background checks for gun purchases averaged 1.75 million a month in 2014 through July. That's down nearly 4% from last year--and a good indication that gun sales will continue to thaw. As a result, gun makers are sitting on huge stockpiles of rifles that were at one point nearly impossible to come by. That hasn't exactly aided share prices of gun stocks this year, either... Smith & Wesson Holding Corp. (NASDAQ:SWHC) shares are down more than 15% just this week after the company cut its sales estimates. That lands the stock at new 2014 lows. Its main publically traded competitor, Sturm Ruger & Co. (NYSE:RGR), is also feeling the heat. Its shares are down about 4% on the week, bringing its losses to a staggering 31% year-to-date. As you've probably already guessed, the huge gun boom we've experienced over the past couple of years has run its course. Those who have wanted to purchase assault rifles and other firearms have already done so. With demand receding and supplies piling up, I suspect gun makers (and their respective shares) will have a lot of trouble impressing investors over the next several quarters. Stay away from these stocks. There are plenty of other opportunities in this market without trying to catch these falling pistols...         The Shocking System KILLING the White House   It's BANNED in nine countries...   It's TERRIFYING the Federal Reserve...   And it is absolutely KILLING the White House…   But, by some accounts, could be the easiest thing you do to grow your wealth this year.   Click here for the surprising truth.           Rude Numbers Targets, Predictions and Wild Guesses   $66 trillion is the total value of all the stocks in the world, according to Boomberg. That's a new record... 57% of all stocks trading on major U.S. exchanges are currently above their respective 50-day moving averages... $4.02 is the price of natural gas today. Natty briefly topped its August highs yesterday. It's off by about two pennies in early trading... $1,286 marks the spot for gold futures today. Gold is off by about $4 this morning as it attempts to creep back toward the $1,300 level... 2,001 is where you'll find S&P futures this morning. The market is looking at yet another green open to end what has been an incredibly quiet (yet historic) week...     Rude Trends When to Buy... When to Sell   The folks who suspect market manipulation are back with some interesting comments. Here's some mail from a skeptical reader: For proof of manipulation, see Ted Warren's, "How to Make the Stock Market Make Money for You." There is a railroad company which made $16+ dollars per share in 1946. Its price went down. The next year it loses $6+ and the share price goes up! I hate to break it to you--but what you just described is perfectly normal. Do yourself a favor and concentrate on learning about how the market works (hint: it's not all about the financials). If stocks moved up and down in an orderly fashion solely based on earnings, investing would be simple. Everyone would make money. All you'd have to do is pick the cheapest stocks on an earnings-basis and wait for the next quarter to roll around. Of course, stocks don't move based on earnings alone. There are analyst ratings. Economic cycles. Trends. Fads. Heck, even investors' moods can move the market (up and down). Crying manipulation because a stock happened to move lower when it was making money and higher when it was losing money is ridiculous. As I've said many times, the financials companies report every quarter are just part of the story. Investors' expectations, hopes, and fears are the forces that really move the market... [Ed. Note: Send your feedback here: rude@agorafinancial.com - and follow me on Twitter: @GregGuenthner]     Ignore At Your Own Peril Today's Must Read Links   You Won't Believe How Obama Made $9.2 Billion [must see] 6 Simple Steps to Turn $500 into a Fortune in One Year What happens when the whole Internet crashes? [urgent]     BE SURE TO ADD rude@agorafinancial.com to your address book.       Additional Articles & Commentary: Join the conversation! Follow us on social media:         The Rude Awakening is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Agora Financial delivering daily email issues and advertisements. To end your Rude Awakening e-mail subscription and associated external offers sent from The Rude Awakening, click here. Please read our Privacy Statement. For any further comments or concerns please email us at rude@agorafinancial.com. If you are you having trouble receiving your Rude Awakening subscription, you can ensure its arrival in your mailbox by whitelisting The Rude Awakening. © 2014 Agora Financial, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

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Jeremy Tobias Matthews