Collapsed Investment Sentiment… Will Samsung Electronics and SK Hynix Earnings Save the Stock Market? 'Why We Must Endure This Week' | Director Park Hyun-sang

Summary

Director Park Hyun-sang examines the deeply negative Korean investor sentiment and argues why the extreme fear likely marks a market bottom. He highlights the upcoming earnings from Samsung Electronics and SK Hynix as potential catalysts, supported by cheap valuations and durable long-term agreements. He also points to falling oil and US yields as macro tailwinds, while the Nvidia-Naver alliance opens a new growth narrative for Naver.

• Korean retail sentiment has reached extreme capitulation, historically a bottom signal.
• KOSDAQ is seeing strong program buying and broad-based rebound, signaling improved demand.
• Samsung Electronics and SK Hynix are undervalued at ~5x P/E, with earnings sustainability extending via LTAs.
• Naver's equity alliance with Nvidia could unlock global AI growth, though entry timing requires patience.
• US 10-year yields and WTI crude oil appear stretched and more likely to fall amid geopolitical truce prospects.
• This week's super earnings and FOMC are key events, but the speaker advises holding through volatility.