I’m forever blowing bubbles

On August 31, 2022, I wrote this note that cited ‘bubbles I saw in Coal, LNG, Coal and Gas prices.

Bubbles: Natural Gas, LNG, Coal and Lithium

9 months later, they have deflated.

I have attached charts showing how those prices have travelled since that last week of August in 2022.

The 200 week moving average appears in each chart which formed part of the thesis for mean reversion and price declines.

Today, these commodities are trading at the other end of their pendulum and extremes.

June 14, 2023

by Rob Zdravevski

rob@karriasset.com.au