How to Survive in the Current Market, Leading Sector Top Picks Revealed! | Myeong Min-jun, Kang A-rang, Jeong Tae-geun [Stock Beginner Rescue Team]

Summary

Jeong Tae-geun, Director of Mir Economic Research Institute, explains that June KOSPI weakness was caused by temporary rebalancing selling from foreign and domestic funds, not fundamental deterioration. He strongly urges holding Samsung Electronics and SK hynix, forecasting further upside as rebalancing ends and US markets rise. He is bearish on KOSDAQ, calling recent gains a window-dressing bounce with no real catalyst, and advises avoiding the index entirely.

• June market volatility was driven by foreign and pension fund rebalancing, not weak Korean fundamentals.
• Foreign investors continue to seek Samsung Electronics and SK hynix exposure indirectly through leveraged ETFs and preferred shares.
• Samsung Electronics and SK hynix are the core holdings to own; selling now would be a mistake, and a 70% portfolio allocation is suggested.
• The July outlook for KOSPI is positive as rebalancing selling subsides and individual ETF inflows remain strong.
• A rising US market and a likely Korean rate hike could naturally reduce the National Pension's forced equity selling.
• KOSDAQ should be avoided: the recent rise was window dressing, and without policy catalysts, funds will not flow into the index.
• The current market resembles 2021, where a strong run peaked later, but for now the call is to hold and enjoy the ride.