Name: Daily Morning Fund Managers' Investment Meeting Live | Park Se-ik Senior Managing Director & Chesley Investment Advisory [Morning Brief / 24.08.26.Mon]
Uploaded: 2026-08-23T21:58:45+00:00
Duration: 7537 s

Speakers

Wang Jeong — Department Head

Jun-hyeok — Manager

Choi Ho — Vice President

Oh — Manager

Park Se-ik — CEO, ex-Chief Strategist

Hae-su — Analyst

Summary

The hosts discuss recent global market trends, highlighting the resilience of the US market despite high interest rates and oil prices. They analyze the strong performance of the energy sector and specific stock opportunities like Shengyi Technology and HPSP. Additionally, they caution about historical seasonal weakness in September and October, advising investors to manage risk before a potential year-end rally.

Shengyi Technology is recommended due to rising CCL prices and strong earnings.
Bitcoin is expected to consolidate before a potential bull market resumes in October.
US refiners like Marathon Petroleum and Valero Energy show strong turnarounds linked to oil prices.
HPSP reported a significant earnings beat driven by its monopoly in high-pressure annealing equipment.
Historical seasonality suggests market weakness in September and October due to tax issues and US elections.
Investors are advised to reduce equity exposure during the early fall and re-enter in late October.

Ideas

Wang Jeong Department Head 6:38

Rising CCL prices drive strong earnings growth.

Shengyi Technology reported a Q2 earnings beat with strong margins. CCL and PCB prices are rising due to supply shortages in glass fiber and copper foil, which could drive further price hikes in the second half of the year, justifying a buy rating.

Jun-hyeok Manager 22:22

Consolidation expected before October bull market resumes.

Bitcoin recently rallied due to Treasury buybacks and short liquidations, with spot ETF inflows remaining strong. The asset is expected to undergo 1-2 months of consolidation before a full bull market potentially resumes around October.

Choi Ho Vice President 47:13

Surging refining margins drive strong earnings growth.

The S&P 500 energy sector exhibits an 85.4% correlation with WTI crude oil. US refiners like Marathon Petroleum and Valero Energy have seen surging refining margins, leading to strong bottom-line turnarounds and triple-digit earnings growth.

Oh Manager 86:28

Monopoly in annealing equipment drives high margins.

HPSP reported a significant Q2 earnings beat with a 61% operating margin. The company maintains a monopoly in high-pressure annealing equipment and is successfully expanding its applications from non-memory to memory sectors, justifying a premium valuation.

Park Se-ik CEO, ex-Chief Strategist 107:24

Reduce equities now and re-enter late October.

September and October are historically weak months for equities due to seasonality, tax issues, and US election uncertainties. Investors who are sensitive to volatility should reduce their equity exposure and hold cash, looking to re-enter the market in late October ahead of a typical year-end rally.

This Chesley Investment Advisory (체슬리투자자문) video, published August 23, 2026, features Wang Jeong, Jun-hyeok, Choi Ho, Oh, Park Se-ik discussing 600183.SS, BTC, VLO, MPC, XLE, 403870.KQ, EWY. 5 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Wang Jeong, Jun-hyeok, Choi Ho, Oh, Park Se-ik · Tickers: 600183.SS, BTC, VLO, MPC, XLE, 403870.KQ, EWY

Daily Morning Fund Managers' Investment Meeting Live | Park Se-ik Senior Managing Director & Chesley Investment Advisory [Morning Brief / 24.08.26.Mon]

Summary

Ideas

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