[#UrgentMarketUpdate] A crash is an opportunity... The real reason the Fed can't raise interest rates / KOSDAQ surge... What stocks should you buy now? | Park Geun-hyung, Department Head

Summary

Park Geun-hyung, Department Head at IBK Securities, analyzes the June 8 market crash and subsequent KOSDAQ-led rebound. He recommends buying Samsung Electronics and SK Hynix on the dip, highlights KOSDAQ semiconductor equipment/materials, optical communication, and oversold cosmetics/beauty stocks as tactical opportunities. He identifies a KOSPI technical support level around 7,300 and argues the Fed is unlikely to raise rates due to weak consumption, but warns that oil prices remain a key risk.

• Market experienced a severe crash on June 8 with circuit breakers, followed by a KOSDAQ rebound.
• Semiconductor stocks (Samsung, SK Hynix) are recommended as buys on the crash due to AI demand and Nvidia supply deal.
• KOSDAQ semiconductor equipment/materials stocks rally in sympathy; Tecoin rises on HBM inspection equipment order.
• Optical communication stocks (Daehan Gwangtongshin, Seongho Electronics) benefit from Corning-Amazon contract.
• Cosmetics and beauty device stocks rebound on oversold conditions despite strong export fundamentals.
• KOSPI technical support estimated at 7,270–7,300 based on 50-day deviation and historical circuit-breaker recovery.
• Fed rate hike seen as unlikely due to falling real wages and low savings, but oil price spike remains a risk.
• Government intervention stabilizes the won exchange rate near 1,520 won per dollar.