If seasonals still mean something in this fundamental-less trading environment, we are currently on the cusp of the seasonal sweet spot for miners. The last time this played out notably for ECU was the memorable year of 2006.

Regards - VHF

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According to Thackray’s 2010 Investor’s guide, the S&P Metals and Mining Sector has a period of seasonal strength from November 19th to May 6th. The trade has been profitable in 14 of the past 20 periods. Average return per period was 13.8%. Average return per period exceeded the S&P 500 Index returns by 7.9%.

The sector has a seasonal sweet spot between January 29th and May 6th. The trade has been profitable in 13 of the past 20 periods for an average return per period of 6.3%.