The gun trade is still on two days after the election with both Sturm, Ruger (RGR +8.3%) and...

|About: Sturm, Ruger & Company Inc. (RGR)|By:, SA News Editor

The gun trade is still on two days after the election with both Sturm, Ruger (RGR +8.3%) and Smith & Wesson (SWHC +3.4%) carving out healthy gains again. Technical traders say the move is just the start of a multi-month rally, while fundamental-leaning traders see some risk on the downside if the fiscal cliff gets resolved.