Is the ending for Samsung Electronics-SK hynix 'Squid Game'?.. Checking the semiconductor peak-out theory that caused market fear

Summary

Park Se-ik discusses the heavy market volatility and the semiconductor peak-out fears surrounding Samsung Electronics and SK hynix. He argues the sell-off is driven by mechanical positioning and leverage unwinding rather than fundamentals, and he sees buying opportunities in KOSPI below 7,000 and in US stocks come October. He also flags a widening preferred-common stock gap as a signal of near-term froth in large-cap common shares.

• Park reassures viewers that the current drawdown is a normal midterm-election-year pattern, not a systemic crisis.
• He defends Samsung Electronics and SK hynix, saying their competitive edges remain and expecting a minimum 50% rebound from the drop.
• He plans to aggressively add to US stocks in October based on seasonal tendencies.
• He views KOSPI below 7,000 as a low-risk buying level, targeting a recovery to 7,500 within three months.
• The extreme discount of preferred shares relative to common shares is interpreted as a warning that common stocks are temporarily frothy.
• He warns against holding leveraged ETFs in volatile markets due to compounding losses.
• Articles reviewed cover TSMC expansion, Japanese bank resurgence, Chinese STAR IPO excitement, and bank-sold ETF fee issues.