Passing the Last 'Steep Hill'... Trading Volume Has Dried Up; The Stock Market Will Flow 'Like This' Going Forward | Director Park Hyun-sang

Summary

Director Park Hyun-sang of Jumeoni Investment Advisory reviewed the Korean stock market on September 15, 2026, describing a low-volume, choppy session where investors were watching US rates, oil, and AI speed-control headlines. He argued that the AI infrastructure cycle remains intact, while near-term liquidity has dried up ahead of FOMC, BOJ, and Chuseok. He favored keeping cash and buying only on deep dips, and highlighted a potential dividend-season play in Samsung Electronics preferred shares and Korean dividend stocks. He also noted fast KOSDAQ niche rotation and warned against chasing rallies.

• Korean market closed higher but trading volume was extremely thin.
• AI speed-control fears were treated as noise; infrastructure cycle still seen continuing.
• Investors await FOMC, BOJ, and Chuseok; a low may form around these events.
• Strategy: hold cash, buy favored sectors on deep dips, avoid chasing rebounds.
• Samsung Electronics preferred shares drew interest on a cancellation proposal and dividend-season logic.
• KOSDAQ saw short-lived niche rotation in bio, secondary battery, equipment, and robots.
• High rates and oil remain macro risks; war and yen carry trade are monitored.
• Speaker warned that sector rotations are too fast to chase.