Ideas
KOSDAQ correction short, upside risk remains.
KOSDAQ's sharp correction is likely short-lived. ABL Bio and bio ETF selling hit sentiment, but KOSDAQ has strong upward risk because government policy support is centered on KOSDAQ and individual/ETF money is rotating from KOSPI to KOSDAQ. He also sees potential for KOSDAQ to reach 1,300.
Semiconductor equipment/materials benefit from NAND optimism.
SanDisk's blowout earnings and guidance revived NAND/semiconductor expectations. Funds are rotating into semiconductor ETFs and leveraged ETFs, which should strengthen the Korean semiconductor equipment/materials supply chain, with names like Soulbrain, Wonik IPS, and Leeno moving.
KOSPI can reach 5,500-6,000.
He sees KOSPI reaching the 5,500 line, and if won strength and liquidity continue, 6,000 is possible. He warns against betting on the downside because liquidity and policy support remain strong.
Hold SK hynix on memory strength.
After seeing SanDisk's strong results and an analyst forecast of Q1 40 trillion won and 200 trillion won for the year, he is comfortable holding SK hynix. He prefers memory and would only add on dips.
Avoid Samsung, prefer SanDisk and SK hynix.
He says he no longer needs to buy Samsung Electronics and will not buy it, preferring SanDisk and SK hynix. Memory pricing strength may pressure Samsung's mobile margins.
SanDisk cheapest memory, first buying priority.
SanDisk is the cheapest memory stock among global memory names. Its strong earnings and guidance make it his first buying priority, ahead of SK hynix and far ahead of Samsung and Micron.
Micron no longer cheap after big run.
Micron has already run a lot and trades at about 13x P/E, so it is no longer cheap and may struggle.
Daeduck Electronics valuation still not expensive.
A report implies Daeduck Electronics can reach 70,000-80,000 won, and relative valuation is not expensive; he thinks it could work from here.
Leeno too expensive to chase.
Leeno Industrial's P/E has already exceeded 40x after its target price was raised, so he cannot chase it despite its high margins.
ISC relatively cheap versus Leeno.
Among semiconductor equipment and materials names, ISC is relatively cheap compared with Leeno Industrial, which has already reached over 40x P/E.
Soulbrain above target, drop it.
Soulbrain has risen to 480,000 won, above analyst target of 390,000 won; even with a 20% premium it is unclear it can exceed 500,000 won, so he drops it.
Bitcoin loses safe-haven bid.
Bitcoin is no longer a liquidity gauge. In geopolitical uncertainty, money goes to gold and silver rather than Bitcoin, and a hawkish Fed chair like Kevin Warsh would strengthen the dollar and reduce liquidity, pressuring Bitcoin.
KOSDAQ 150 gets mechanical ETF buying.
Individual ETF inflows into KOSDAQ 150 create mechanical institutional buying of all constituents in proportion to free-float market cap, regardless of fundamentals. This flow should support the KOSDAQ 150 basket.
Korean won likely strengthens.
He expects the Korean won to strengthen, not weaken. The US wants a weaker dollar and stronger Asian currencies to encourage investment, and inflation concerns have eased; he says betting on won weakness is wrong.
Broker earnings rise with record volume.
Record daily trading volume around 87 trillion won, customer deposits above 100 trillion won, and credit balances near 29 trillion won boost brokerage fees, margin interest, and earnings for Korean securities firms.
Watch KOSDAQ laggards for rebound.
Within KOSDAQ 150, cosmetics, beauty devices, and entertainment lagged because institutions had sold them. If that supply pressure lifts, they could spring back; he is watching entertainment and notes beauty devices already moving.
Inbound recovery lifts hotels, beauty devices.
Inbound demand is showing concrete signs, with hotels strong and beauty devices surging. He has repeatedly highlighted inbound as a next theme.
LNC Bio, HansBiomed stem-cell growth.
LNC Bio and HansBiomed are advancing stem-cell-based treatments and reported good results. Lituo sales are forecast to jump from 6 billion won last year to 50 billion won this year, driving the shares.
PharmaResearch threatened by stem-cell rivals.
LNC Bio and HansBiomed's stem-cell treatment growth, with Lituo sales expected to grow from 6 billion to 50 billion won, could pressure PharmaResearch; PharmaResearch fell 10% on earnings shock rumors.
ABL Bio hit by Sanofi downgrade.
Sanofi deprioritized ABL Bio's ABL301 Parkinson's candidate, damaging sentiment. The disappointment triggered broad bio ETF selling and a sharp drop in ABL Bio.
3040 use traditional monthly dividend ETFs.
For 3040 investors with salary income and long horizons, covered call ETFs cap upside. Traditional monthly dividend ETFs that participate 100% in price upside are better for building monthly income.
5060 use covered call monthly dividend ETFs.
For 5060 retirees needing monthly cash flow, covered call monthly dividend ETFs can generate high distributions, but they should be mixed with other assets to protect principal.
Covered-call portfolio with gold, bonds.
She recommends a permanent-portfolio-inspired mix of 40% covered-call equities, 20% long bonds, 30% gold, and 10% cash via specific ETFs, designed to protect principal while generating high monthly distributions. Backtest showed 9.4% dividend yield and 19% total return in the aggressive version.
Use 2nd/3rd gen covered call ETFs.
Avoid first-generation covered call ETFs that sell 100% of options and cap upside. Use second- or third-generation FIXED or TARGET covered call ETFs, or active covered call ETFs, which can participate up to 90% in upside.
Won strength helps department stores, duty-free.
Won strength and inbound demand are positive for domestic demand, especially department stores and duty-free shops.
NAND memory growth ahead of DRAM.
SanDisk's blowout results and JP Morgan's analysis show NAND's total addressable market could grow at 30% CAGR over three years, driven by ESSD and AI demand, with HBF a new growth variable. NAND structure is improving relative to DRAM.
Watch oil on Iran/Hormuz risk.
US-Iran military escalation could disrupt Hormuz and spike oil. Oil already broke above $65 and Brent above $70. This is a geopolitical watch item with inflation and market risk.
Copper, aluminum rally speculative, fragile.
Copper and aluminum hit record highs, but Bloomberg says the rally is driven by Chinese speculative money rather than physical demand. If the speculative flow reverses, prices could fall sharply.
Land-rich stocks gain on supply plan.
Government urban supply plan and a Samsung Securities report suggest land-rich companies with prime sites can develop them. Seobu TND is a representative play due to the Yongsan project; Harim Holdings, Sampyo Cement, Daesung Industrial, KCTC, Lotte Chilsung, and E-Mart are asset-rich beneficiaries.
Gold long-term bullish on currency distrust.
Gold's rally is driven by inflation expectations, declining trust in fiat currencies, and US-centered geopolitical uncertainty. Central banks have bought over 1,000 tons annually since 2022. He expects gold not to fall apart through Trump's term, though short-term volatility is extreme.
Silver, platinum, palladium leverage gold.
Silver, platinum, and palladium are leveraged precious metals: they rise more than gold when gold rises and fall more when gold falls. Silver also has industrial demand from AI, electronics, and solar, but high prices can trigger substitution and volatility is severe.
Korea Zinc benefits from silver prices.
Higher silver prices strongly boost Korea Zinc's earnings because silver is a byproduct of its zinc, copper, and lead refining. It is an alternative way to invest in silver.
Copper demand from AI, supply short.
Copper demand is rising from AI data centers and global supply-chain competition. Supply is short because miners underinvested, and the positive AI narrative is outweighing China property weakness.
Watch oil for inflation risk.
Oil is still low, which is holding inflation down. If oil rises due to geopolitics, inflation risk would surge, so it is a key macro variable to watch.
Vornado hurt by office, rates.
Vornado was considered a winner in NY real estate, but its core assets are office buildings. Remote/hybrid work and higher rates hurt occupancy and interest costs, forcing a dividend cut; the stock fell from $90 to $30.
This 3PRO TV (삼프로TV) video, published January 30, 2026,
features Jang Woo-jin, Kim Jang-yeol, Kim Jung-ran, Park Geun-hyung, Lee Seok-jin, Park So-ryung
discussing KOSDAQ, Korean semiconductor equipment/materials, EWY, 000660.KS, 005930.KS, SNDK, MU, 008060.KS, Leeno Industrial, ISC, 357780.KQ, BTC, KOSDAQ 150, USD/KRW, Korean securities sector, Korean entertainment, Korean cosmetics, Korean beauty devices, KORU, 290650.KQ, 042520.KQ, 214450.KQ, ABL Bio, Traditional monthly dividend ETFs, Covered call monthly dividend ETFs, SOL CD Rate Money Market Active ETF, KODEX US Dividend Covered Call Active, RISE US AI Value Chain Daily Fixed Covered Call, TIGER Dividend Covered Call Active, ACE US 30-Year Treasury Active, KODEX US 30-Year Treasury Target Covered Call, SOL International Gold Covered Call, 2nd/3rd generation covered call ETFs, Korean department stores, Korean duty-free, NAND memory, WTI, COPPER, Aluminum, 128820.KS, 009070.KS, 005300.KS, E-MART, Korean real estate asset stocks, 006730.KQ, 003380.KQ, 038500.KQ, GLD, SILVER, PPLT, PALL, 010130.KS, VNO.
35 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Jang Woo-jin,
Kim Jang-yeol,
Kim Jung-ran,
Park Geun-hyung,
Lee Seok-jin,
Park So-ryung
· Tickers:
KOSDAQ,
Korean semiconductor equipment/materials,
EWY,
000660.KS,
005930.KS,
SNDK,
MU,
008060.KS,
Leeno Industrial,
ISC,
357780.KQ,
BTC,
KOSDAQ 150,
USD/KRW,
Korean securities sector,
Korean entertainment,
Korean cosmetics,
Korean beauty devices,
KORU,
290650.KQ,
042520.KQ,
214450.KQ,
ABL Bio,
Traditional monthly dividend ETFs,
Covered call monthly dividend ETFs,
SOL CD Rate Money Market Active ETF,
KODEX US Dividend Covered Call Active,
RISE US AI Value Chain Daily Fixed Covered Call,
TIGER Dividend Covered Call Active,
ACE US 30-Year Treasury Active,
KODEX US 30-Year Treasury Target Covered Call,
SOL International Gold Covered Call,
2nd/3rd generation covered call ETFs,
Korean department stores,
Korean duty-free,
NAND memory,
WTI,
COPPER,
Aluminum,
128820.KS,
009070.KS,
005300.KS,
E-MART,
Korean real estate asset stocks,
006730.KQ,
003380.KQ,
038500.KQ,
GLD,
SILVER,
PPLT,
PALL,
010130.KS,
VNO
