Ideas
US equities stay resilient; buy dips
The US equity market remains resilient even with intraday volatility: the largest megacaps are rotating leadership rather than all falling together, algorithmic and ETF flows keep buying dips, and the S&P 500 is maintaining an uptrend rather than breaking down. He expects this pattern to keep the index supported while single-stock moves continue.
Semiconductor sector rebounds after margin-call selloff
Semiconductors sold off after gold, silver, and bitcoin margin-call pressure forced liquidation of recently strong assets, but the decline was mostly supply-driven and reversed in the next US session. The Philadelphia Semiconductor Index rebounded, and chip names such as AMD, Texas Instruments, Western Digital, and SanDisk recovered or rallied, supporting a bullish semiconductor sector view.
Palantir earnings, AI guidance are strong
Palantir's latest results and full-year guidance were strong, and the market is treating the news positively for AI-related software and services revenue. The after-hours rally reinforces demand for AI service exposure.
KOSPI likely rebounds after mechanical selling
The KOSPI's 5.26% drop was an outsized, supply-driven move versus only modest declines in other Asian markets. Foreign and institutional selling was concentrated in Samsung Electronics and SK hynix through program and ETF flows, suggesting a mechanical event. He expects a rebound, with the index likely opening higher and limited immediate downside, though he still watches whether it can recover its 10-day moving average.
Indiscriminately sold Korean growth sectors rebound
Recently strong Korean growth sectors such as semiconductor parts/equipment, autos, robotics, aerospace/aviation, and power equipment were sold indiscriminately during the KOSPI crash. Because many of those declines were not driven by company fundamentals, he expects the indiscriminately sold leaders to recover once the short-term supply-demand shock passes.
Korean memory benefits from global shortage
Global technology leaders are warning that memory is a bottleneck: Musk says Tesla growth could be constrained, Cook cites memory cost pressure, and Jensen Huang says AI infrastructure demand is straining memory supply. DRAM DDR 8GB prices have risen about ninefold in a year, and Korea controls roughly 77% of global memory supply, making Samsung Electronics and SK hynix key beneficiaries. The earlier Korean selloff in these names was mainly mechanical foreign and ETF selling, not a change in the memory upcycle.
Rare earth prices are stockpile-supported
The US Project Vault initiative will combine a $10 billion Export-Import Bank loan with private capital to build a critical minerals stockpile with allied countries including Korea. The policy aims to reduce dependence on China and stabilize rare-earth and critical-mineral prices, a supportive backdrop for resource developers and the broader supply chain.
Bitcoin faces Strategy funding risk
Bitcoin's sharp decline is compounded by Strategy's role as a major marginal buyer. Strategy's average Bitcoin purchase price is around $76,000; if Bitcoin falls near or below that level, Strategy's ability to raise more capital may be impaired, removing an important source of demand and adding downside risk to Bitcoin. He frames this as a risk to monitor rather than a clean short.
Bitcoin faces Strategy funding risk
Bitcoin's sharp decline is compounded by Strategy's role as a major marginal buyer. Strategy's average Bitcoin purchase price is around $76,000; if Bitcoin falls near or below that level, Strategy's ability to raise more capital may be impaired, removing an important source of demand and adding downside risk to Bitcoin. He frames this as a risk to monitor rather than a clean short.
Samsung SDI has solid-state battery catalyst
Samsung SDI announced at its corporate IR that it plans to mass-produce all-solid-state batteries next year, following a BMW test-vehicle development agreement, and it is expanding its solid-state line this year. Management cited fast growth in the robot market and demand for high-stability, high-output batteries. The stock's drop during the market crash may have buried a positive company-specific catalyst.
Securities firms re-rate on investment gains
Mirae Asset Securities' market cap surpassed the market cap of Korean financial holding companies for the first time, which he calls a symbolic shift. Korean securities firms are being re-rated for investment gains and for the larger, more important domestic equity market, and he expects this trend to continue.
This 3PRO TV (삼프로TV) video, published February 03, 2026,
features Park Byeong-chang
discussing SPY, SMH, PLTR, EWY, Korean semiconductor equipment/materials, Korean autos, Korean Robotics, Korean aerospace/aviation, Korean Power Equipment, 005930.KS, 000660.KS, REMX, BTC, STRATEGY, 006400.KS, 006800.KS.
11 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Park Byeong-chang
· Tickers:
SPY,
SMH,
PLTR,
EWY,
Korean semiconductor equipment/materials,
Korean autos,
Korean Robotics,
Korean aerospace/aviation,
Korean Power Equipment,
005930.KS,
000660.KS,
REMX,
BTC,
STRATEGY,
006400.KS,
006800.KS
