Ideas
Big Tech earnings week supports megacaps.
Big Tech/M7 strength is returning ahead of this week's earnings, with Microsoft, Amazon, and Meta holding up and Netflix rebounding; AI investment continuation is the key focus.
GPU-rich neoclouds show strong growth.
Neocloud companies with large GPU fleets, such as Applied Digital, are showing high revenue growth and remain a live AI infrastructure theme; WTO also expects AI trade to keep supporting semiconductors, power equipment, and data centers.
Currency debasement supports gold and silver.
Gold and silver are rallying as faith in fiat currencies weakens and investors seek hard assets; gold is near $5,000 and silver broke $100, with forecasts for gold toward $6,000.
Iran tensions keep oil elevated.
Iran-related geopolitical tensions and Trump's threats are keeping oil above $60 and preventing an easy pullback; geopolitical uncertainty is likely persistent.
Cold weather drives natural gas rally.
Severe cold across the US is boosting heating demand and has driven natural gas sharply higher; the rally is continuing in the near term.
US backs rare earth producer.
The US government is directly investing $1.6B in USA Rare Earth to secure rare-earth refining and mining, making policy support visible and supporting rare-earth stocks.
Uranium exposure lifts Cameco.
Cameco rose because of its uranium exposure, even as other nuclear stocks were mixed, highlighting uranium as the key driver.
TSMC benefits if Intel foundry disappoints.
TSMC's strong results and Intel foundry doubts keep TSMC's foundry value highlighted as the reliable leading-edge manufacturer.
Micron strength confirms memory shortage.
Micron remains strong because its earnings are not in doubt, while some memory names see profit-taking after sharp gains; memory scarcity supports Micron.
CPU shortage could lift Intel, AMD.
Server buildouts may create a CPU shortage after memory, and Intel's post-earnings plunge could be an opportunity if CPU shortages intensify; AMD has already rallied on this theme.
China H200 orders support Nvidia.
Individual investors continue buying Nvidia, and China reportedly told tech firms to prepare H200 orders, confirming that China still needs Nvidia chips.
Tesla has robotaxi and robot catalysts.
Tesla earnings are uncertain, but FSD subscription changes, robotaxi expansion hopes, and Musk's robot narrative keep it a key event-driven stock to watch.
Power grid demand benefits equipment.
Winter storm power grid stress and the continued AI trade are making power equipment, data centers, and grid infrastructure key investment points for the year.
Lee Jaeman
Head of Global Investment Analysis, Hana Securities Research Center
48:13
Rising yields threaten S&P 500.
If the US 10-year Treasury yield rises above 4.5%, historical experience points to meaningful S&P 500 correction risk, so that level is a key warning signal.
Lee Jaeman
Head of Global Investment Analysis, Hana Securities Research Center
57:56
Commodity earnings surprises likely.
Commodity prices such as gold, silver, copper, and oil have risen, but commodity-related corporate earnings expectations remain low; positive surprises could drive estimate upgrades and strong stock reactions.
Lee Jaeman
Head of Global Investment Analysis, Hana Securities Research Center
69:40
Buy near-term EPS acceleration stocks.
When rates rise, future earnings are discounted more heavily, so focus on US companies whose near-term quarterly EPS growth exceeds annual growth and accelerates into the next quarter; examples include Nvidia, Walmart, Salesforce, Morgan Stanley, Palo Alto Networks, Micron, Lam Research, KLA, and Analog Devices.
Lee Jaeman
Head of Global Investment Analysis, Hana Securities Research Center
71:52
Korean near-term EPS acceleration screen.
The same near-term EPS acceleration framework applies in Korea; Samsung Electronics, SK hynix, HD Hyundai Heavy Industries, Celltrion, Hanwha Engine, Silicon2, Samsung Electro-Mechanics, Samsung Securities, Korea Circuit, Daehan Yukhwa, and HD Korea Shipbuilding & Offshore Engineering were highlighted as names with 1Q and 2Q growth above annual.
Lee Jaeman
Head of Global Investment Analysis, Hana Securities Research Center
76:52
Korea outperformance led by semiconductors.
Korean semiconductor earnings growth, especially Samsung and SK hynix, can make KOSPI outperform the US, although broader sector expansion is needed and autos have helped fill that gap.
Lee Jaeman
Head of Global Investment Analysis, Hana Securities Research Center
77:35
Cheap autos gain robot momentum.
Korean autos and auto parts led January returns because valuations are cheap, robot-related expectations provide a new trigger, and positioning was light; Hyundai Motor is a key anchor.
Lee Jaeman
Head of Global Investment Analysis, Hana Securities Research Center
79:14
Watch Korean cosmetics as rates fall.
Korean consumer and cosmetics stocks have lagged, but they may become attractive once rates start falling; timing depends on the rate cycle.
Intel has structural profitability limits.
Intel's weak guidance suggests structural limits: production lines are already running full and technology constraints cap further profit growth; Wall Street targets are near current levels and sentiment is mostly neutral or negative after the rally.
Yen carry unwind threatens markets.
Bloomberg's warning about worst-ever Treasury liquidity, a buyer's strike in Japanese bonds, surging 30-year US yields, and Fed checks with banks on yen trading suggest a possible yen-carry unwind that could hit US long bonds and global risk assets.
KOSPI upside remains supported.
KOSPI has risen five straight weeks and faces short-term overheating, but selling is quickly absorbed and the market still appears upward-biased around the 5,000 level.
Samsung memory price hikes help earnings.
Samsung Electronics completed 1Q NAND contract price hikes of 100% and DRAM hikes of 70%, with 2Q negotiations for further increases; HBM4 quality-pass reports are single-source but if confirmed would add upside.
STO boosts KOSDAQ structurally.
Government and ruling-party plans to use security token offerings to boost KOSDAQ are a structural market reform, not an immediate earnings driver; platform, custody, issuance, and fintech infrastructure stocks are first beneficiaries and should be watched.
Low PBR tax rule supports stocks.
The proposed inheritance and gift tax rule that values low-PBR shares at PBR 0.8 would reduce incentives to suppress share prices, benefiting companies trading below 0.8 PBR.
Yen weakness likely persists.
Japan's fiscal expansion under Takaichi requires heavy JGB issuance and interest costs, the BOJ is shifting JGB holdings toward private and foreign investors, and yen weakness is structural; yen is unlikely to strengthen much beyond 150.
Yen weakness likely persists.
Japan's fiscal expansion under Takaichi requires heavy JGB issuance and interest costs, the BOJ is shifting JGB holdings toward private and foreign investors, and yen weakness is structural; yen is unlikely to strengthen much beyond 150.
Won strength favored versus dollar.
Korea's CDS has fallen below Japan's, WGBI inclusion adds bond inflows, a potential Rieder Fed nomination could accelerate rate cuts, and the dollar is weakening; won can strengthen faster than expected, with 1,400 early and 1,300 possible in H2.
JGB yields likely stay high.
Japanese government bond yields are likely to remain high or rise further due to fiscal deterioration, heavy issuance, and reduced BOJ suppression, even if intervention caps yields temporarily.
Long won versus yen.
Korea and Japan may decouple: Korean credit and rates are improving while Japanese fiscal and JGB pressures keep the yen weak, favoring relative won strength against the yen.
WGBI inclusion supports Korean bonds.
WGBI inclusion from April 2026 is compressed into eight months, and foreign investors are unlikely to fully hedge long-dated Korean bonds, so Korean government bonds should see durable foreign inflows.
Dollar index downtrend likely.
The dollar index has broken down to 97 and is in a weakening trend; with potential faster Fed cuts and improving non-US flows, betting on dollar upside is risky.
KOSDAQ 3,000-led rally.
KOSDAQ 3,000 is plausible and may be reached near-term, driven by policy support, digital asset/STO, bio, and battery strength; the index is showing a decisive breakout.
Korean biotech drives KOSDAQ.
Bio and healthcare are the strongest parts of KOSDAQ and a key driver of the index; bio and battery mega-caps must rise for KOSDAQ to sustain its move.
Avoid Korean game stocks.
Korean game stocks may rally on new titles or short-term events, but the industry lacks a broad demand base and money flow is unlikely to persist; treat rallies as trading opportunities, not long-term investments.
K-pop catalysts support entertainment.
Hive is the sector leader and BTS-related schedules from March-April are catalysts, but its target price is near; other entertainment names may follow if no negative news appears.
Lithium demand outlook improves.
Lithium futures have broken above 180,000 yuan and are linked to solid-state batteries, ESS, and robots, supporting related expectations despite high volatility.
Korea Zinc benefits metal prices.
Korea Zinc benefits simultaneously from gold, silver, and copper prices; silver's surge to $100 and byproduct economics make it a key Korean nonferrous metals play.
Rare earth supply policy supports names.
US equity investment in rare-earth producers and tariff pressure on Canada are part of a broader resource-security fight, driving rare-earth names such as Union Materials.
Robot adoption drives component demand.
Robot adoption is accelerating, and investor flow is rotating into humanoid, industrial, actuator, and reducer suppliers; names like Rainbow Robotics, SPG, SBB Tech, and Robotis are key beneficiaries.
Battery demand diversifies beyond EVs.
Batteries can rally alongside robots, and NH's report argues robot battery demand could be 20-30% of EV battery demand, supporting valuations and materials/components rather than only large cell makers.
Battery demand diversifies beyond EVs.
The solid-state battery roadmap is becoming concrete, with Samsung SDI as the large-cap leader and a vertical supply chain through EcoPro BM, ISU Specialty Chemical, and related materials; robot and ESS demand supports the theme.
Hyundai benefits from robot valuation.
Hyundai Motor looks attractive because Boston Dynamics' robot value is being valued widely by analysts and robot adoption is likely unstoppable; union issues that depress the stock may create opportunity.
HBM equipment orders benefit suppliers.
Samsung Electronics' HBM-related strength should first lift HBM process equipment suppliers such as PSK Holdings and EO Technics, while broad semiconductor ETFs lag if SK hynix is weak.
Doosan valuation stretched short term.
Doosan and ISU Petasys have run above comfortable valuation levels; Doosan around 900k won and ISU Petasys around 120k won were viewed as reasonable, so the current pullback reflects valuation rather than broken fundamentals.
Energy prices benefit oil majors.
Natural gas surged over 50% in a week on severe cold and WTI is rising; Exxon and Chevron are beneficiaries, and strong energy can support the Dow while pressuring tech.
Geopolitics supports defense and shipbuilding.
Trump's resource-driven geopolitical conflicts, including Canada, Greenland, and Ukraine, increase the likelihood of military and diplomatic friction, supporting defense and shipbuilding orders.
Memory prices stay elevated.
Memory contract negotiations are happening with volumes fixed but prices floating, and AI data centers are far less price-sensitive than PCs and smartphones; this supports sustained high memory prices and Samsung/SK hynix earnings.
Bio and batteries lift KOSDAQ.
To reach KOSDAQ 3,000, bio and battery top market-cap names must rise; digital assets alone cannot do it because relevant companies are too small, and foreign/institutional money will focus on large caps.
Digital asset theme remains limited.
The digital asset/STO theme is not sufficient to drive KOSDAQ 3,000 because related companies have small market caps and stablecoin commercialization is not yet real; treat it as a theme trade.
AI threatens legacy software.
Large language models can now generate many software functions quickly, threatening legacy SaaS business models; Salesforce, Adobe, Workday, ServiceNow, and even Microsoft face structural risk as AI services replace traditional software.
Google can monetize AI services.
Google is a relative winner because it can build and monetize large-model AI services itself, unlike legacy SaaS companies that struggle to adapt.
AI hardware remains core.
The software edge has shifted to infrastructure: OpenAI's revenue correlates with compute scale, hyper-scalers keep spending, and key hardware includes memory, power, networking, and semiconductors; this supports AI infrastructure and hardware.
Korea memory advantage supports market.
The US market is relatively weak because legacy software is threatened, while Korea is strong because memory semiconductors are the key AI infrastructure bottleneck; Korea should remain relatively favored.
Battery materials recover with ESS.
Battery stocks were hit by LG Energy Solution contract cancellation and EV weakness, but the market is now focusing on solid-state batteries led by Samsung SDI, with materials demand rising and ESS demand helping offset EV weakness.
Naver benefits stablecoin policy.
NAVER, via its DooNamoo merger, is the most investable Korean stablecoin and digital-asset play; the Digital Asset Basic Act timeline is a catalyst, but regulatory delays and weak global stablecoin economics mean expectations should be moderate.
China consumption events lift sectors.
Lunar New Year consumption and the Hong Kong Dream Concert create seasonal catalysts for China-linked Korean cosmetics, casino, and entertainment stocks.
Bio conference catalysts support sector.
World ADC Europe in February and the Parkinson's conference in March are catalysts for Korean bio and ADC-related names, so investors should look for stocks tied to those events.
Robotics events support Korean suppliers.
GTC 2026 may demonstrate Nvidia Jetson Thor and Hyundai Atlas applications, providing a catalyst for the robot supply chain into mid-March.
Natural gas demand outlook improves.
The recent natural gas spike is weather-driven and may reverse when weather warms, but 2026 US power prices and AI infrastructure demand make natural gas shortage a valid annual theme.
KOSDAQ inflows favor small caps.
Foreign and institutional inflows are driving KOSDAQ as the government targets 3,000; follow those flows rather than selling into strength, especially with won strength improving foreign appetite.
Semiconductor capex benefits equipment suppliers.
After memory makers enjoy price increases, they must expand volumes and capacity, and the capex flows to Korean semiconductor equipment, materials, and parts suppliers on KOSDAQ.
Robot production supports component suppliers.
Korean robot components and actuator/reducer suppliers have room to run as robot production increases; SPG, SBB Tech, and Robotis are key KOSDAQ names.
Cosmetics sales lag but improving.
Korean cosmetics fundamentals are improving but the sector has been lagging; it is a laggard candidate if flows broaden within KOSDAQ.
Physical AI expands battery demand.
Physical AI and humanoid robots will need large battery capacities; Atlas requires 3.7kWh plus spares, meaning several humanoids per EV, and Musk's long-term electrification goal implies massive battery demand, benefiting Samsung SDI, LG Energy Solution, and battery materials.
This 3PRO TV (삼프로TV) video, published January 26, 2026,
features Park Myung-sung, Lee Jaeman, Park Byeong-chang, Byun Jung-gyu, Kim Jang-yeol, Ha Chang-wan, Lee Jong-won, Jeong In-seok, Yoo Tae-woo
discussing MSFT, AMZN, META, NFLX, APLD, GLD, SILVER, WTI, UNG, USAR, REMX, CCJ, TSM, MU, INTC, AMD, NVDA, TSLA, Power equipment, DTCR, PUI, SPY, Commodity-related sectors, XLE, XLB, WMT, CRM, MS, PANW, LRCX, KLAC, ADI, 005930.KS, 000660.KS, 329180.KS, 068270.KS, Hanwha Engine, 257720.KQ, 036530.KS, 016360.KS, 024110, 001790.KS, 009540.KS, EWY, 005380.KS, 000270.KS, Korean cosmetics, Korean consumer, US long-duration Treasuries, FXY, 377300.KS, NHN KCP, 163730.KQ, STO infrastructure, Korean Value Stocks, USD/JPY, USD/KRW, Japanese government bonds, KRW/JPY, Korean government bonds (KTB), US Dollar Index (DXY), KOSDAQ Index, Korean biotech/healthcare, Korean game sector, 352820.KS, 041510.KQ, LITHIUM, 010130.KS, 047400.KQ, 277810.KQ, 058610.KQ, 389500.KQ, 108490.KQ, KARS, 373220.KS, 006400.KS, 247540.KQ, 457190.KS, 281740.KQ, 067310.KQ, 030200.KS, 000150.KS, 007660.KS, XOM, CVX, 012450.KS, 042660.KS, Korean bio, Korean battery, Korean digital asset/STO theme, ADBE, WDAY, NOW, GOOGL, AI-SECTOR, SMH, Korean battery materials, 035420.KS, Casinos, Entertainment, Korean Robotics, Korean semiconductor equipment/materials.
66 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Park Myung-sung,
Lee Jaeman,
Park Byeong-chang,
Byun Jung-gyu,
Kim Jang-yeol,
Ha Chang-wan,
Lee Jong-won,
Jeong In-seok,
Yoo Tae-woo
· Tickers:
MSFT,
AMZN,
META,
NFLX,
APLD,
GLD,
SILVER,
WTI,
UNG,
USAR,
REMX,
CCJ,
TSM,
MU,
INTC,
AMD,
NVDA,
TSLA,
Power equipment,
DTCR,
PUI,
SPY,
Commodity-related sectors,
XLE,
XLB,
WMT,
CRM,
MS,
PANW,
LRCX,
KLAC,
ADI,
005930.KS,
000660.KS,
329180.KS,
068270.KS,
Hanwha Engine,
257720.KQ,
036530.KS,
016360.KS,
024110,
001790.KS,
009540.KS,
EWY,
005380.KS,
000270.KS,
Korean cosmetics,
Korean consumer,
US long-duration Treasuries,
FXY,
377300.KS,
NHN KCP,
163730.KQ,
STO infrastructure,
Korean Value Stocks,
USD/JPY,
USD/KRW,
Japanese government bonds,
KRW/JPY,
Korean government bonds (KTB),
US Dollar Index (DXY),
KOSDAQ Index,
Korean biotech/healthcare,
Korean game sector,
352820.KS,
041510.KQ,
LITHIUM,
010130.KS,
047400.KQ,
277810.KQ,
058610.KQ,
389500.KQ,
108490.KQ,
KARS,
373220.KS,
006400.KS,
247540.KQ,
457190.KS,
281740.KQ,
067310.KQ,
030200.KS,
000150.KS,
007660.KS,
XOM,
CVX,
012450.KS,
042660.KS,
Korean bio,
Korean battery,
Korean digital asset/STO theme,
ADBE,
WDAY,
NOW,
GOOGL,
AI-SECTOR,
SMH,
Korean battery materials,
035420.KS,
Casinos,
Entertainment,
Korean Robotics,
Korean semiconductor equipment/materials
