This video provides a timely update on the Korean stockmarket following a -40% crash off the top. I provide context as to what's going on and why + a worked example on how I approach markets and basically a case study in market analysis.
[n.b. see YouTube alternate video link if the above is not working]
It’s an important topic because the KOSPI has been at the epicenter of the AI bubble, and this weakness will almost certainly spillover to the US stockmarket (AI/tech stocks). But again it’s also worth watching this video just as an educational research process case study.
For reference, here’s the daily KOSPI chart as of 3pm South Korea time.
South Korean Stockmarket — What do you think?
(what’s your view/how are you positioned)
Thanks for reading! Reply to this email if you have any questions.
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Best wishes,
Callum Thomas
Head of Research at Topdown Charts
Connect: LinkedIn | Twitter/X | Substack
p.s. What do you reckon?
Please provide feedback below (reply by email if you had any specific points)
[Further Reading] — Previous Free Posts
Bond Bear Market — update on treasuries and the shifting risk/reward
Global Growth Outlook — shifting from tailwinds to headwinds
Software Stocks — looking at the relative value case
Learn more about Topdown Charts —> this post explains what Topdown Charts does + The Topdown Charts Framework for monitoring macro & markets to consistently generate profitable ideas:
