Tag Archives: stocks

Smith & Wesson, Sturm Ruger Rise Amid Market Turmoil

In a day plagued with devastating losses across the board, two gunmakers bucked the rest of the market to turn in healthy gains. The security and safety industry group, to which gunmakers belong, cracked into the top half of industry groups in the last month. The 32-member group doesn’t necessarily scream with strength; only six members have an IBD Composite Rating over 80. On Monday, the vast majority of the stocks in the group were down. Smith

Even Top Stocks Pressured As Market Bears Its FANGs

In terms of the so-called FANG stocks — Facebook (FB), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOGL), once known exclusively as Google — the rough start to 2016 shows that even top stocks can come under the pressure of a broad market sell-off. On Monday, all four companies closed below their 50-day moving average for the first time since late September, as U.S. stocks fell on negative manufacturing data domestically and overseas in China.