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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.


Another stock I like on a technical basis is Boeing (NYSE:BA). If you zoom out all the way to a monthly chart, BA is just breaking out of a multi-year mid level base. I believe BA can get back to the mid to high $80 level. Stephanie Link, who co-manages the Action Alerts Plus portfolio over at TheStreet with Jim Cramer, likes Boeing as well, which adds to my conviction.

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Facebook (NASDAQ:FB) has impressed me with its ability to shake off the large IPO lock-up expirations we have seen over the past couple months. It appears insiders are not overly keen to sell more shares, which is a positive sign. The company has not yet solidified its business model the way LinkedIn (NYSE:LNKD) has, but I feel they will improve upon that. I think in 2013 you could see Facebook get back to the $32-35 range. Technically it needs to trade and close above $28-28.80 first.

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Scott Redler is long BAC, YHOO. Short SPY.
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