A junior mining sector revival… time to play ball?

The resource markets used to be more predictable. Seasonal cycles used to hold more sway. Time was, in the junior exploration sector anyway, when the dog days of summer gave way to the cool breezes of autumn, resource stocks firmed up. It was like clockwork – holidaying brokers’ folded up their beach gear, migrated back to the city and put resource stocks back on their client’s radar (I’m thinking back pre-2012 here).

Canada Cobalt Works (CCW.V): Accelerating its activities in a prolific Cobalt Camp

In my quest for market smarts, I digested well over a hundred books on technical and fundamental analysis in my day. There’s an old saying that I picked up somewhere along the way that stuck. I can’t recall who uttered the words first – it’s not an uncommon adage – but I suspect it was Jack D Schwager who made it stick. It goes something like this: ‘when a stock exhibits positive price performance in the face of a decidedly negative backdrop, there are powerful underlying dynamics at work – dynamics which may or may not be fully understood by the market’.