[#RealMarket] Samsung Electronics and SK Hynix Crash After Surge... Foreigners Bought 3.5 Trillion Won "If Stock Prices Plunge on Google Bad News, You Must Buy" | Team Leader Hwang Yuhyun

Summary

Hwang Yuhyun, PB Team Leader at Shinhan Investment, reviews a highly volatile session where the KOSPI surged over 5% only to close nearly flat. He interprets heavy foreign buying of Samsung Electronics and SK Hynix as a bottoming signal and advises buying any dip triggered by Google's earnings. Hwang also warns that leveraged ETFs are dangerous in choppy markets and recommends reducing such positions in favor of margin trading.

• KOSPI opened with a 5% surge but ended barely higher, reflecting aggressive profit-taking and lingering leveraged ETF volatility.
• Foreign investors bought over 3.5 trillion won, especially SK Hynix and Samsung Electronics, which Hwang sees as accumulation and a bottoming process.
• Hwang expects market stabilization within about two weeks as leveraged ETF adjustment period ends and margin balances decline.
• He identifies KOSPI 6,500 as a key support area and projects a 30% technical rebound to 7,400-7,500 if the bottom holds.
• The main buy idea is Samsung Electronics and SK Hynix on any weakness related to Google's earnings or broader fear, with specific price targets mentioned.
• Leveraged ETFs are cited as dangerous in range-bound markets due to daily decay, and investors are urged to swap them for traditional margin trading.
• Upcoming catalysts include Google's earnings, Samsung Electronics and SK Hynix quarterly reports, and potential shareholder return announcements.
• Overall posture is cautiously bullish on these mega-cap memory stocks, with a plan to stop-loss if the KOSPI 6,400 support breaks.