Looking at the KOSDAQ monthly chart... | Chesley Investment Advisory Executive Director Park Se-ik

[Highlight] Looking at the KOSDAQ monthly chart... | Chesley Investment Advisory Executive Director Park Se-ik [Womae Shinbak / 26.08.05.Wed]
Watch on YouTube ↗  |  August 05, 2026 at 10:00  |  19:19  |  Chesley Investment Advisory (체슬리투자자문)
Speakers
Park Se-ik — CEO, ex-Chief Strategist

Summary

Park Se-ik discusses KOSDAQ seasonal patterns and current cheapness, predicting a rally into next summer. He also advocates selling gold and bond ETFs to buy KOSPI after the crash, and recommends long-term gold ETF accumulation with dollar-cost averaging while downplaying the impact of Bank of Korea rate policy on Korean equities.

  • KOSDAQ historically crashes in even years, bottoms Sep-Oct, then rallies into May-July.
  • Current KOSDAQ near 700 is cheap, supported by pension fund buying potential.
  • After a 40% equity drawdown, sell gold/bond ETFs (down only 6-9%) to buy KOSPI ETF for a quicker rebound.
  • Gold delivered 15% annualized returns; accumulate gold ETF annually and add on big dips.
  • Korea's strong current account surplus makes BoK rate moves less relevant for the market.
Ideas
Park Se-ik CEO, ex-Chief Strategist 0:11
KOSDAQ cheap, rally into next summer.
KOSDAQ has a seasonal pattern where even-numbered years see sharp declines, with bottoms often forming in September-October, followed by rallies into May-July of odd-numbered years. Currently around 700, KOSDAQ is cheap after a severe drawdown, biotech is not worthless, and pension funds can justify buying at these levels. He expects the index to be much higher by next May-July.
KOSDAQ 150 HIGH
Park Se-ik CEO, ex-Chief Strategist 4:41
Sell safe assets, buy KOSPI for rebound.
After a 40% market crash, selling underperforming safe assets (gold ETF, bond ETF) that are only down 6-9% and rotating into KOSPI ETF is a faster way to recover. He expects KOSPI to rebound to 750 from the crash low, buying around 650 yields about 15% return.
KODEX 200 ETF HIGH
Park Se-ik CEO, ex-Chief Strategist 17:00
Accumulate gold ETF on dips over time.
Gold has delivered a 15% annualized return over the last decade. He recommends buying gold ETF every year as a dollar-cost averaging strategy, and when it drops significantly, increasing the allocation. Gold is currently down 26% from its January high, presenting a potential dip-buying opportunity.
GLD MED
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This Chesley Investment Advisory (체슬리투자자문) video, published August 05, 2026, features Park Se-ik discussing KOSDAQ 150, KODEX 200 ETF, GLD. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Park Se-ik  · Tickers: KOSDAQ 150, KODEX 200 ETF, GLD