Should I sell stocks? One word that will determine KOSPI's fate tonight at 11 PM

Summary

Park Se-ik introduces the 'Chesley Compounding Magic' (CCM) strategy, which aims for absolute returns by taking profits at 15% targets and actively managing equity exposure to reduce volatility. He also reviews major market news, including Google's AI ecosystem strategy, Nvidia's strong earnings, and the impact of high interest rates on various sectors. Finally, he analyzes the KOSPI's valuation and foreigner options positioning ahead of the Jackson Hole meeting.

• Introduces the CCM strategy targeting repeated 15% returns to achieve compounding growth while managing volatility.
• Advises buying broad market ETFs like KODEX 200 during sharp market corrections instead of volatile individual stocks.
• Reviews news on Google embedding AI into its ecosystem to build user habits.
• Highlights Nvidia's strong earnings and guidance, which dispel fears of an AI investment slowdown.
• Discusses reports favoring financials, high-ROE stocks, and defensives in a prolonged high-rate environment.
• Notes that KOSPI is undervalued, suggesting buying below 2650 and reducing exposure above 2750.
• Observes foreign investors aggressively selling put options, indicating a bet on a near-term market rebound.