A month of 2012 has already been and gone! With all the holidays over and Australia Day out the way all brokers should be back on deck this week at the latest (if not, give them the sack!) Market turnover should get back to some normality.
Things are definitely looking positive. There is plenty of signs that the US recovery is on it's way and many firms are announcing their conviction lists with recommendations on exposure to the US led recovery in stocks such as BLD, CPU, NWS and JHX. Greece is becoming less and less mentioned in the media. The volatility in the ASX 200 is also decreasing and the market seems to have found a happy medium at 4200 - 4300 levels.
This has boded well for small cap stocks the last couple of weeks. There seems to be many going for a run and the raft of quarterly reports reminding us what our favourite companies have been up to hasn't gone astray.
With the market having been in the doldrums for the last 6 months or so my stock picking in the small cap category has left a lot to be desired. Hopefully I can write some quality posts and get us back on track this year!
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