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Two Ways: Lots of Supply, Little Demand


Strengthen your portfolio in good times and bad.


The US trade deficit narrowed in December to the smallest level seen in almost 6 years as worldwide demand for goods continued to drop. Imports and exports both declined for a fifth consecutive month, closing the budget gap to $39.9 billion.

Simply put, global trade has collapsed. A Goldman Sachs economist noted today that the December trade data suggests the US economy likely contracted by about 5% in the fourth quarter - higher than the government's estimate of 3.8%.

For additional context, see Mr. Practical's Masters of the Truth.

From the Bull Pen: Gloom and doom aside, bulls can look to Research In Motion (RIMM) for a trade. This stock was popular on the Buzz today. Sell stops can be set beneath today's low, near $46.

From the Bear Cave: Bears can continue to look at oil stocks. Transocean (RIG) is an option. One can attempt the downside with a buy stop around $62.

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No positions in stocks mentioned.

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