The FBI reports 203,086 background check requests on Black Friday.
That's a new record according to USA Today.
Black Friday 2016 saw 185,713 applications for gun sales.
Since the number of guns sold is not released to the public, background checks are the clearest indication of firearms sales that we have.
Wall Street likes what it sees.
Shares of gunmakers Ruger (RGR) and American Outdoor Brands (AOBC) , the parent company of Smith & Wesson, were both surging on the Monday after Thanksgiving.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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