Another Market Crash... Now Is the Time to Be Brave, It's Too Late When Others Say It's Good / KOSPI & KOSDAQ Investment Points Today | Director Park Hyun-sang

Summary

Director Park Hyun-sang analyzes the recent market crash and the outlook for KOSPI and KOSDAQ. He sees a technical correction B wave in KOSPI targeting 7,300 and advises dip-buying. KOSDAQ is showing relative strength and could break its downtrend. He highlights semiconductors as the first leading sector candidate, strong cosmetics stocks driven by export data, robotics as a short-term momentum play, and recommends avoiding batteries. AMD earnings are flagged as a key event for AI semis.

• KOSPI is in a correction B wave with a technical target of 7,300, offering potential 6-8% upside from current levels.
• KOSDAQ is outperforming and can break its downtrend channel simply by moving sideways; rotation from KOSPI is expected.
• Semiconductor supply chain stocks (SK hynix, Samsung Electro-Mechanics, Daeduck Electronics, TSE, TES) are the first leading sector candidate.
• Cosmetics sector is surging on strong July export data and brokerage upgrades, with APR as the standout leader.
• Robotics stocks are drawing short-term buying interest, suggesting market participants see a tradeable environment; dip-buying in laggards like Rainbow Robotics is preferred.
• Battery stocks remain weak under foreign/institutional selling; averaging down should be avoided until the trend reverses.
• AMD earnings are a critical watershed for AI semiconductor and memory themes and should be watched closely.