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

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

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Toyota (NYSE:TM), I believe, has strong prospects for 2013. The auto company finally got its $1.1 billion settlement out of the way last week, which appears to be a relief for investors. In my opinion the stock could get back to the $110-120 area in 2013.


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Mosaic (NYSE:MOS) is my favorite stock in one of my favorite fundamental sectors: the ags. The phosphate and potash producer could get back to the $75 area this year, in my opinion.


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A stock I am cautious on for 2013 is IBM (NYSE:IBM). The tech bellwether has done a decent job reinventing itself from a hardware company to an ideas company, but I think it's a bit overpriced at these levels. On the weekly chart, you can see the steep uptrend that has been in place since late 2008 that is close to being broken. A break and close below $185 could lead to some technical damage on the macro chart of IBM. The stock hasn't been able to gain much footing since breaking below its 200-day moving average.


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Having a long-term roadmap for the markets is important, but I also firmly believe you need to have a plan for navigating the speed bumps to make it a smoother ride. If you equip yourself with a few technical strategies and common sense rules, you can potentially save yourself pain during pullbacks and take advantage of tremendous macro buying opportunities. I believe we will see both in 2013.

Check out T3Live.com's Virtual Trading Floor to follow these traders and their live portfolios on real-time throughout the day! Take a free trial.
Scott Redler is long BAC, YHOO. Short SPY.
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