Ideas
AI capex return doubts pressure AI stocks
Microsoft's Azure and cloud results only met expectations, disappointing investors who had expected stronger cloud growth. This revived concerns that large AI capex may not deliver adequate returns and that AI software monetization is uncertain, pressuring AI infrastructure and AI software stocks.
Iran and Venezuela risks support higher oil
Iran strike risk and Venezuela's redirected oil exports to the US are blocking China's access to cheap crude, forcing China to secure alternative supply. This drove Brent above $70 and WTI above $65, and oil may rise somewhat further, though a spike is not expected.
Watch commodity inflation risk to interest rates
Gold, silver, copper, semiconductor prices, and oil are rising together, creating a potential supply-driven inflation risk. If this theme gains traction, it could shock interest rates, especially in the second half, so these commodity trends should be monitored.
Retail ETF buying drives KOSDAQ higher
Retail investor deposits are at a record KRW 104T, and individuals are aggressively buying KOSDAQ 150 and leveraged ETFs. This forces broker-dealers to mechanically buy KOSDAQ 150 constituents by index weight, creating short covering and momentum; the speaker sees KOSDAQ rising toward 1300 and outperforming KOSPI.
Strong economy supports travel and cruise demand
Southwest and Royal Caribbean beat earnings expectations and issued strong guidance, with Carnival also rising, which the speaker reads as evidence the US economy and consumer spending are healthy, supporting travel, airline, and cruise demand.
NAND upcycle just starting; storage demand strong
SanDisk's earnings and guidance dramatically beat expectations with gross margin expanding sharply, and Western Digital also confirmed strong storage demand. The speaker argues the NAND cycle is just beginning and that SK hynix and Samsung Electronics should benefit through SSD-focused results.
Korean NAND materials and OSAT suppliers benefit
With the NAND cycle strengthening, the speaker expects Korean NAND-related materials and OSAT suppliers, rather than equipment makers, to gain more attention.
Record trading volume boosts Korean securities firms
Korean trading value reached a record near KRW 58T on KRX and about KRW 85T including NXT, a direct revenue tailwind for securities firms; the speaker says brokerage stocks are the most comfortable way to play the surge.
KOSDAQ laggards may rebound as selling fades
The speaker screened the bottom 50 KOSDAQ 150 stocks for excess return potential. Many are China-related cosmetics, beauty device, and entertainment names that suffered institutional selling on valuation concerns, but that selling pressure is now reduced; continued KOSDAQ ETF inflows could make them rebound.
Hotel shortage supports room rates and margins
Korean hotel supply is tight because COVID wiped out many small lodging operators while inbound tourism rises, so room rates and margins should expand. The speaker names Hotel Shilla, Seobu T&D, GS P&L, and JS Corporation as beneficiaries.
Inbound tourists and exports lift Korean beauty
Chinese inbound tourists are booking Korean skin care and plastic surgery at unprecedented levels, while Korean cosmetics exports to the US and Europe remain strong. The speaker expects cosmetics and aesthetic medical device stocks, such as Classys, to benefit from this overlapping demand.
Space theme has momentum but expect volatility
Space is a leading theme supported by SpaceX/xAI merger talk, a potential SpaceX IPO, Korean satellite ambitions, and China's large satellite plans. However, commercial numbers are not yet concrete, so the theme can correct even if the long-term direction is intact.
Intellian benefits from satellite ground equipment demand
Intellian Technologies is an antenna maker receiving Amazon-related orders and expanding from maritime into ground and aviation satellite communications, giving it company-specific exposure to the space and satellite communications buildout.
This 3PRO TV (삼프로TV) video, published January 29, 2026,
features Jang Woo-jin
discussing MSFT, AIQ, AI software stocks, BNO, WTI, GLD, SILVER, COPPER, KRX:KOSDAQ, KOSDAQ 150 ETF, KOSDAQ leveraged ETF, LUV, RCL, CCL, SNDK, WDC, 000660.KS, 005930.KS, Korean NAND materials suppliers, Korean OSAT suppliers, Korean securities firms, KOSDAQ 150 laggards, Korean entertainment stocks, Korean Hotel Stocks, HOTL.SN, Seobu T&D, GS P&L, JS Corporation, KORU, Korean aesthetic medical device stocks, Classys, Korean space-themed stocks, 189300.KQ.
13 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Jang Woo-jin
· Tickers:
MSFT,
AIQ,
AI software stocks,
BNO,
WTI,
GLD,
SILVER,
COPPER,
KRX:KOSDAQ,
KOSDAQ 150 ETF,
KOSDAQ leveraged ETF,
LUV,
RCL,
CCL,
SNDK,
WDC,
000660.KS,
005930.KS,
Korean NAND materials suppliers,
Korean OSAT suppliers,
Korean securities firms,
KOSDAQ 150 laggards,
Korean entertainment stocks,
Korean Hotel Stocks,
HOTL.SN,
Seobu T&D,
GS P&L,
JS Corporation,
KORU,
Korean aesthetic medical device stocks,
Classys,
Korean space-themed stocks,
189300.KQ
