The Stock Top Investors Are Buying Instead of Samsung Electronics
CEO Kim Younggu asserted, "The Monday market is already decided at the weekend negotiation table."
"There is a misconception among investors. If you make decisions based on the news on Monday morning, it's already too late. The market direction is set before the opening. Only those who have prepared for both scenarios at this very moment can make moves within the first 30 minutes on Monday."
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Last week, the KOSPI surged by 6.87% in a single day on Wednesday, reaching 5,872. However, on Thursday, renewed uncertainties over US-Iran negotiations caused an immediate drop of 1.61%. This week, foreign investors recorded a net selling of 5.9 trillion won, while only institutional investors provided support for the market with a net purchase of 5.184 trillion won. Now, after the weekend, everyone is watching the market closely.
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NH Investment & Securities forecasted the KOSPI’s expected range for next week to be 5,000~5,700. The gap between the upper and lower limits is 700 points. The strategy changes completely depending on which direction the market opens.
CEO Kim Younggu presents two key checkpoints to watch on Monday morning and stock picks for each scenario, which you can receive for free if you sign up now.
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