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What 2013 Could Bring for Gold, Apple, Bank of America, and More


From T3's Scott Redler, some key predictions about next year's markets.


Now, let's first take a look at some of my predictions from last year. On December 28, 2011, I went on CNBC with Brian Sullivan and he asked me for my favorite tech set-up and retail set-up for 2012. My tech pick was Google (NASDAQ:GOOG) as it set up for a break higher out of a multi-year base. It has been a roller coaster year for GOOG, but it has shown resilience overall. My first target on GOOG was $750, and the stock went as high as $775.

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My retail stock of the year was Wal-Mart (NYSE:WMT), which was set-up in a tight 12-year base. My target for the trade was a modest move to $72, but the stock dramatically exceeded those expectations, reaching as high as $77. I certainly did not execute those trades to perfection, but they prove that you can also generate alpha with a macro technical plan.

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Our thesis has been that equities are far from dead, but as an active trader, there are times to have "risk on" and times to have "risk off." I often talk about my aggression level using terms like "tactical approach"-which means I am being more of a selective short-term sniper-versus a "portfolio approach"-which means I am looking to swing multiple positions for multiple weeks. I adjust my approach based on the "condition" and "composure" of the markets. We pride ourselves on being able to navigate intermediate-term trends by using the same patterns that repeat themselves year after year. Take a look at the action in 2012:

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Scott Redler is long BAC, YHOO. Short SPY.
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