Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

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.


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.

Click to enlarge

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.

Click to enlarge

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.

Click to enlarge

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'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.
Featured Videos