{"id":26968,"date":"2012-01-30T00:53:06","date_gmt":"2012-01-30T05:53:06","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2012\/01\/30\/cheap-small-cap-stocks-to-kick-off-2012\/"},"modified":"2012-01-30T00:53:06","modified_gmt":"2012-01-30T05:53:06","slug":"cheap-small-cap-stocks-to-kick-off-2012","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/01\/30\/cheap-small-cap-stocks-to-kick-off-2012\/","title":{"rendered":"Cheap Small-Cap Stocks to Kick Off 2012"},"content":{"rendered":"<p><strong>By MoneyMorning.com.au<\/strong><\/p>\n<p>One chart we like to keep our eye on is the S&#038;P\/ASX200 Small Ordinaries Index (XSO)&#8230; Because this index provides the benchmark for Aussie small-cap investments&#8230;<\/p>\n<p>When it&#8217;s trending up, it&#8217;s a sign <strong>small-cap stocks<\/strong> could go up too. But if it&#8217;s stuck in a rut or trending down&#8230; Well, let&#8217;s just say the promise of 1,000% gains overnight on a 1-cent &#8216;penny dreadful&#8217; gets even more elusive.<\/p>\n<p><span><\/span><br \/>\nAfter having a bit of a run in the second half of 2010, XSO spent 2011 trending down. And it now finds itself at an important resistance level.<\/p>\n<p>The index is trading near a 16-month low&#8230; That means small-cap stocks could be relatively cheap.<\/p>\n<p>As you can see on the far right of the graph below, the small ord&#8217;s index has had trouble breaking past 2400&#8230; It&#8217;s tried 3 times &#8211; and failed &#8211; since September 2011. And now it&#8217;s set to have a crack at it again. <\/p>\n<p>Will it break through to the upside this time and send small-cap stocks off to the races? Or will small-caps spend the first half of 2012 in the sin bin?<\/p>\n<p>Keep an eye on this index over the next few weeks to find out for sure.<\/p>\n<div align=\"center\"><a href=\"http:\/\/www.moneymorning.com.au\/images\/mm20120130d_lge.jpg\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/www.moneymorning.com.au\/images\/mm20120130d_sml.jpg\" alt=\"S&amp;P ASX\/200 Small Ordinaries Index\" border=\"0\"><\/a><br \/><a href=\"http:\/\/www.moneymorning.com.au\/images\/mm20120130d_lge.jpg\" target=\"_blank\">Click here<\/a> to enlarge<\/div>\n<p><em><\/p>\n<div align=\"center\">Source: Google Finance<\/div>\n<p><\/em><\/p>\n<p><strong>Aaron Tyrrell<br \/>\nEditor, Money Morning<\/strong> <\/p>\n<p><strong><em>From the Archives&#8230;<\/em><\/strong><\/p>\n<p><a href=\"http:\/\/www.moneymorning.com.au\/20120127\/is-there-a-reason-youre-not-using-the-9010-strategy.html\" target=\"_blank\">Is There a Reason You&#8217;re Not Using the 90\/10 Strategy?<\/a><br \/>\n2012-01-27 &#8211; Kris Sayce<\/p>\n<p><a href=\"http:\/\/www.moneymorning.com.au\/20120126\/in-the-market-or-under-the-mattress.html\" target=\"_blank\">In the Market or Under the Mattress?<\/a><br \/>\n2012-01-26 &#8211; Keith Fitz-Gerald<\/p>\n<p><a href=\"http:\/\/www.moneymorning.com.au\/20120125\/what-if-the-australian-dollar-was-a-stock.html\" target=\"_blank\">What if the Australian Dollar Was a Stock?<\/a><br \/>\n2012-01-25 &#8211; Kris Sayce<\/p>\n<p><a href=\"http:\/\/www.moneymorning.com.au\/20120124\/why-tungsten-and-other-strategic-metals-could-prove-good-investments.html\" target=\"_blank\">Why Tungsten and Other Strategic Metals Could Prove Good Investments<\/a><br \/>\n2012-01-24 &#8211; Dr. Alex Cowie<\/p>\n<p><a href=\"http:\/\/www.moneymorning.com.au\/20120123\/will-these-commodities-help-you-claim-the-best-investment-gains-of-2012.html\" target=\"_blank\">Will These Commodities Help You Claim The Best Investment Gains Of 2012?<\/a><br \/>\n2012-01-23 &#8211; Dr. Alex Cowie<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?a=ejrON4QsRXc:tmIV_I2lyHM:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?a=ejrON4QsRXc:tmIV_I2lyHM:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?i=ejrON4QsRXc:tmIV_I2lyHM:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?a=ejrON4QsRXc:tmIV_I2lyHM:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?i=ejrON4QsRXc:tmIV_I2lyHM:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/MoneyMorningAustralia\/~4\/ejrON4QsRXc\" height=\"1\" width=\"1\" \/><br \/>\n<a href=\"http:\/\/feedproxy.google.com\/~r\/MoneyMorningAustralia\/~3\/ejrON4QsRXc\/cheap-small-cap-stocks-to-kick-off-2012.html\" target=\"_blank\">Cheap Small-Cap Stocks to Kick Off 2012 <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By MoneyMorning.com.au One chart we like to keep our eye on is the S&#038;P\/ASX200 Small Ordinaries Index (XSO)&#8230; Because this index provides the benchmark for Aussie small-cap investments&#8230; When it&#8217;s trending up, it&#8217;s a sign small-cap stocks could go up too. But if it&#8217;s stuck in a rut or trending down&#8230; Well, let&#8217;s just say &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/01\/30\/cheap-small-cap-stocks-to-kick-off-2012\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cheap Small-Cap Stocks to Kick Off 2012&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-26968","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/26968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=26968"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/26968\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=26968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=26968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=26968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}