Interest Rate Hike Outlook 'Drops' on Weak Employment Indicators...New York Stock Market 3 Major Indices 'Rise'

[26.08.10 Morning Broadcast Full View] Interest Rate Hike Outlook 'Drops' on Weak Employment Indicators...New York Stock Market 3 Major Indices 'Rise

Watch on YouTube ↗ | August 10, 2026 at 03:20 | 6:07:36 | 3PRO TV (삼프로TV)

Speakers

Park Myung-seok — Curator

Lee Kwon-hee — CEO, Economist

Lee Ji-eun — Representative of EasyStock

Lee Joo-hwan — Ph.D.

Lee Hyuk-jin — Reporter, The Bell

Park Sang-hyuk — Editor

Summary

The video covers the recent US stock market rally driven by rate cut expectations following weak employment data, with a focus on the outperformance of software and small-cap stocks over memory semiconductors. It also discusses the Korean market's sector rotation, highlighting the strength of KOSDAQ, biotech, power equipment, and aerospace sectors as alternatives to the struggling memory chip giants. Furthermore, experts debate the validity of the memory semiconductor peak-out theory and analyze the potential impact of upcoming shareholder return policies.

US markets rallied on rate cut hopes after weak employment data, favoring software and Russell 2000 stocks.
Memory semiconductor stocks lagged the broader rally, raising concerns about a potential peak-out in the cycle.
Korean market sees a shift in momentum towards KOSDAQ, biotech, power equipment, and aerospace sectors.
Experts debate whether the memory chip cycle has peaked, citing low utilization rates and Chinese capacity expansion.
Upcoming shareholder return policies from Samsung Electronics and SK Hynix are highly anticipated as potential catalysts.
Bitcoin's correlation with gold is increasing, benefiting from a weaker dollar and rate cut expectations.
The Clarity Act and US crypto regulations remain uncertain, with key developments expected in September.

Ideas

Park Myung-seok Curator 6:37

Memory stocks lag the broader market rally.

Memory semiconductor stocks are showing weak performance and lagging behind the broader market rally, making them less attractive in the short term as the market focuses on software.

Park Myung-seok Curator 32:37

SaaS stocks rebound as AI beneficiaries.

Software (SaaS) stocks were heavily beaten down in the first half of the year but are now showing strong rebounds as they prove to be beneficiaries of AI, utilizing open-weight models to enhance their services.

Park Myung-seok Curator 36:33

Nvidia remains undervalued and leads the rally.

Nvidia remains undervalued with a PER of around 16x, continuing to lead the S&P 500 rally despite weakness in other semiconductor stocks.

Park Myung-seok Curator 37:25

Optical communication rallies on AI and ETF.

Optical communication stocks are rallying due to AI demand, US sanctions on Chinese optical transceivers, and the launch of a new dedicated ETF (LITE).

Park Myung-seok Curator 41:47

Space, nuclear, and drones show strong momentum.

Space, nuclear, and drone sectors are showing strong momentum driven by solid earnings and specific catalysts like Oklo's reactor progress and AeroVironment's army contract.

Lee Kwon-hee CEO, Economist 52:21

Hold undervalued memory stocks for shareholder returns.

Memory semiconductor peak-out concerns are valid because supply is not structurally tight; utilization rates are low, and Chinese companies like CXMT are expanding capacity using hoarded equipment.

Lee Kwon-hee CEO, Economist 61:35

KOSDAQ expected to rally on policy momentum.

The KOSDAQ market is expected to rally in Q4 due to upcoming policy momentum in September regarding market revitalization and a new tier system.

Lee Kwon-hee CEO, Economist 74:35

Robotics stocks benefit from multiple upcoming catalysts.

Robotics stocks are attractive for trading as they benefit from Chinese labor shortages, Samsung's new robotics team, and Hyundai Motor's upcoming Investor Day.

Lee Ji-eun Representative of EasyStock 168:33

Power equipment rallies on AI data center demand.

Power equipment stocks are rallying due to increasing power demand for AI data centers and strong earnings reports, particularly in special transformers.

Lee Ji-eun Representative of EasyStock 170:59

Nuclear stocks gain momentum from Bill Gates' visit.

Nuclear and SMR-related stocks are gaining positive momentum ahead of Bill Gates' visit to Korea to discuss SMR and AI.

Lee Ji-eun Representative of EasyStock 178:54

Biotech leads KOSDAQ as Alteogen breaks resistance.

CMO/CDMO and SC formulation biotech companies like Halozyme and Alteogen offer high earnings visibility due to royalty-based models, making them attractive in a high-rate environment.

Lee Ji-eun Representative of EasyStock 178:54

Biotech leads KOSDAQ as Alteogen breaks resistance.

Biotech stocks, led by Alteogen breaking through major resistance levels, are showing strong upward trends and leading the KOSDAQ market.

Lee Ji-eun Representative of EasyStock 178:54

Biotech leads KOSDAQ as Alteogen breaks resistance.

Stocks heavily sold by foreigners but with solid earnings, such as PharmaResearch and OCI Holdings, will rebound strongly when foreign capital returns to the market.

Lee Ji-eun Representative of EasyStock 187:02

Substrate stocks rise on FC-BGA growth.

Semiconductor substrate stocks are attractive due to FC-BGA growth and substrate shortages, with Simmtech breaking through key moving averages after strong earnings.

Lee Ji-eun Representative of EasyStock 201:02

Korea Zinc benefits from US supply chain shifts.

Korea Zinc is benefiting from the US supply chain restructuring away from China and reported strong Q2 earnings, breaking through its 60-day moving average.

Lee Joo-hwan Ph.D. 215:35

Memory peak-out concerns are valid due to supply.

Memory semiconductor peak-out concerns are valid because supply is not structurally tight; utilization rates are low, and Chinese companies like CXMT are expanding capacity using hoarded equipment.

Lee Hyuk-jin Reporter, The Bell 251:16

Defense stocks are attractive due to strong earnings.

Defense stocks reported strong Q2 earnings with significant YoY growth but have been neglected by supply and demand, making them attractive for August.

Lee Hyuk-jin Reporter, The Bell 251:47

Foreigner empty house stocks will rebound strongly.

Stocks heavily sold by foreigners but with solid earnings, such as PharmaResearch and OCI Holdings, will rebound strongly when foreign capital returns to the market.

Lee Hyuk-jin Reporter, The Bell 299:16

Royalty-based biotech companies offer high earnings visibility.

CMO/CDMO and SC formulation biotech companies like Halozyme and Alteogen offer high earnings visibility due to royalty-based models, making them attractive in a high-rate environment.

Park Sang-hyuk Editor 305:38

Bitcoin benefits from weak dollar and rate cuts.

Bitcoin's correlation with gold is increasing, and it is benefiting from a weak dollar and rate cut expectations, regaining its status as digital gold.

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3PRO TV (삼프로TV) · Aug 10

This 3PRO TV (삼프로TV) video, published August 10, 2026, features Park Myung-seok, Lee Kwon-hee, Lee Ji-eun, Lee Joo-hwan, Lee Hyuk-jin, Park Sang-hyuk discussing WDC, MU, STX, TEAM, DDOG, PLTR, NET, SNOW, NVDA, COHR, GLW, LITE, OKLO, SPCX, RKLB, AVAV, 000660.KS, 005930.KS, KOSDAQ, ROBO, 010120.KS, 298040.KS, 103590.KS, 034020.KS, 083650.KQ, 052690.KS, 196170.KQ, 298380.KQ, 028300.KQ, 141080.KQ, 214450.KQ, 009150.KS, 353200.KS, 222800.KQ, 010130.KS, SMH, ITA, 010060.KS, 028050.KS, 047810.KS, HALO, GLD, BTC. 20 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Park Myung-seok, Lee Kwon-hee, Lee Ji-eun, Lee Joo-hwan, Lee Hyuk-jin, Park Sang-hyuk · Tickers: WDC, MU, STX, TEAM, DDOG, PLTR, NET, SNOW, NVDA, COHR, GLW, LITE, OKLO, SPCX, RKLB, AVAV, 000660.KS, 005930.KS, KOSDAQ, ROBO, 010120.KS, 298040.KS, 103590.KS, 034020.KS, 083650.KQ, 052690.KS, 196170.KQ, 298380.KQ, 028300.KQ, 141080.KQ, 214450.KQ, 009150.KS, 353200.KS, 222800.KQ, 010130.KS, SMH, ITA, 010060.KS, 028050.KS, 047810.KS, HALO, GLD, BTC