Is Now Truly the Bottom?

Summary

The video examines whether the Korean stock market has hit a bottom after a sharp selloff driven by semiconductor worries, NAND oversupply fears, and extreme volatility with multiple circuit breakers. Executive Director Park Se-ik sees Samsung and SK Hynix at a short-term floor, KOSDAQ completing a C-wave bottom, and KOSPI support at 6,300. Analyst Burger highlights foreign investors ending their selling spree and shifting to net buying, suggesting a potential rebound next week if US rates and oil stabilize.

• Market selloff attributed to AI/semiconductor demand fears, NAND oversupply, and leveraged ETF unwinds
• Park Se-ik identifies Samsung Electronics and SK Hynix as near short-term floor at 250k and 200k won
• KOSDAQ shows an ABC correction pattern with C-wave nearly matching A-wave, signaling a potential bottom
• KOSPI 6,300 viewed as a likely bottom barring a US recession
• Foreign investors recorded their first significant net buying week after months of heavy selling, hinting at a selling climax
• Burger expects KOSPI to rally if US 10-year yield and oil prices stabilize
• Unprecedented number of circuit breakers raises caution about new market behavioral patterns
• Psychological exhaustion and capitulation echo Templeton's adage: buy when pessimism is at its worst