To The Moon

According to Bloomberg, Middle Eastern countries are lining up to buy South Korean air defense missiles because the US Patriot missile is too expensive, costing as much as $4 million. South Korea's Cheongung missile boasts accuracy comparable to the Patriot, but costs only a quarter of the price! The Cheongung missile is manufactured by the South Korean company LIG Nex1, with Hanwha Airlines providing the radar system and launch equipment. Both companies are publicly listed. In the ETF market, the $PLUS Korea Defense Industry Index ETF(KDEF)$ holds 18% of its portfolio in Hanwha Airlines and 6.3% in LIG Nex1. After the outbreak of the Russia-Ukraine war, European countries rushed to buy South Korean weapons, and South Korea profited greatly from t

Today, gold dropped all the way from $4,500 per ounce to $4,102, with a maximum decline of as much as 8.8%. Market sentiment has fallen into extreme pessimism. Considering the previous three trading days, when gold declined by 3.75%, 3.53%, and 3.26% respectively, today’s sharp drop is even more alarming. After consecutive declines, gold has completely erased its 30% gain for the year. At this moment of panic, I chose to buy the dip. I bought some $Gold Trust Ishares(IAU)$ at $78. Next, let’s talk about the logic behind my decision. First, it is necessary to understand the reasons behind this sharp decline in gold. According to traditional thinking, gold is a safe-haven asset, and regional conflicts should benefit gold prices. On the first trading

Yesterday, luxury stocks fell sharply, with $Hermes International SA(HESAF)$ dropping over 5.8%, marking its largest single-day decline since April 7 last year! Although $LVMH-Moet Hennessy Louis Vuitton(LVMHF)$ ’s decline was relatively modest at just 1.77%, it has fallen to recent lows and is now nearly halved from its historical peak! $Compagnie Financiere Richemont AG(CFRHF)$ and $Kering SA(PPRUF)$ both fell by more than 4.5% yesterday. The main driver behind the sharp decline in luxury stocks was the surge in oil prices triggered by Middle East tensions, which intensified market concerns over inflation, interest

After the close on Wednesday, memory giant $Micron Technology(MU)$ released its fiscal Q2 2026 results, covering the three months ending February 26. Compared with analyst expectations, Micron’s Q2 results significantly exceeded forecasts: Among them, Micron’s Q2 revenue reached $23.9 billion, surging 196% year over year and far exceeding analysts’ expectations of $19.7 billion: Micron’s revenue is primarily driven by DRAM (dynamic random-access memory), accounting for nearly 80% of total revenue, while NAND (non-volatile memory) makes up close to 20%: DRAM can be seen as the “short-term memory” of computers and servers, temporarily storing data in use. It is fast, but data is lost when power is cut. NAND is slower, but offers larger capacity and re

Last night, $韩国ETF-iShares MSCI(EWY)$ plunged 7%, far exceeding the 0.48% decline in the KOSPI index. Why did this happen? It was likely influenced by the sharp sell-off in the U.S. market overnight. The $纳斯达克(.IXIC)$ fell nearly 1.8%. The decline in U.S. equities was driven by escalating tensions between the United States and Iran. Donald Trump stated that preventing Iran from obtaining nuclear weapons is more important than keeping oil prices low. Meanwhile, Iran’s new supreme leader Mojtaba Khamenei signaled an intention to ensure the Strait of Hormuz remains effectively closed. As a result, the market is beginning to price in the risk that if shipping routes have not resumed by the end of March, oil p

On February 28, a joint US–Israel military strike against Iran triggered severe turbulence across global capital markets. Among all markets, the reaction in South Korea was the most dramatic. Because of the Independence Movement Day holiday, the Korean stock market was closed on March 2. When trading resumed on March 3, the KOSPI index plunged rapidly, triggering a circuit breaker during the session and ultimately closing down 7.24%. Panic quickly spread. On March 4, the KOSPI plunged again, crashing 12.06% in a single day—marking the largest one-day decline in its history and shocking global investors. Before investors could recover from the selloff, the KOSPI suddenly reversed course. On March 5, the index surged more than 12% intraday and ultimately closed up 9.63%, its biggest one-day

Early this morning, $NVIDIA(NVDA)$ released its Q4 FY26 earnings report covering the three months ending January 25. Compared to analyst expectations, the fourth-quarter performance was impressive: Looking ahead to the first quarter of fiscal year 2027, NVIDIA expects revenue to reach approximately $78 billion, a massive 77% year-over-year increase that significantly surpasses analysts' projections of $72.8 billion. Despite the explosive earnings report, NVIDIA's stock remained largely unchanged in after-hours trading, edging up just 0.18%! Following this, semiconductor ETFs experienced minor corrections after hitting record highs overnight. The largest semiconductor ETF, $VanEck Semiconductor ETF(SMH)$ ,

Incredible! The South Korean market rallied sharply again today, with the KOSPI index jumping over 2.6% to fresh record highs! Its year-to-date gain has already exceeded 30%, making it the world's best-performing stock index: The chart below shows the KOSPI index trend since 1980: South Korea ETFs have performed even more impressively. $iShares MSCI South Korea ETF(EWY)$ has surged over 34% YTD, $Franklin FTSE South Korea ETF(FLKR)$ has gained over 33%, while the 3x leveraged South Korea ETF— $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ —has skyrocketed over 127%! Investors who bought South Korea ETFs have truly hit the jackpot! What's driving such feroc

Absolutely insane! Absolutely insane! Today, South Korea’s KOSPI Index exploded 6.84%, marking its largest single-day gain since late March 2020. Among them, Korea’s market heavyweight Samsung Electronics was nothing short of explosive, soaring 10.8% today, marking its largest single-day gain since late October 2008. What’s even more striking is that in just a few short years, the combined market capitalization of Samsung Electronics and SK Hynix has surpassed that of $TENCENT(00700)$ and $BABA-W(09988)$ . The AI-driven wealth boom is truly eye-catching. Fueled by this surge, Korea-related ETFs have delivered eye-catching performance. $Direxion Daily MSCI South Kor

Last Friday, precious metals saw an epic meltdown — LME copper plunged 4%, gold crashed 9.5%, and silver collapsed 26.9%. Gold was down more than 12.6% intraday, marking its largest single-day drop in over 40 years, while silver plunged over 36% intraday, the biggest drop on record. The panic selling carried into today. Gold fell more than 8% intraday, sliding from its all-time high of $5,595 to below $4,500. Silver sank 14% intraday, tumbling from a record $121 to $73. LME copper dropped another 5%. Precious-metals ETFs were absolutely crushed. $ProShares Ultra Silver(AGQ)$ plunged 60% last Friday and fell another 16% overnight today. $MicroSectors Gold Miners 3x Leveraged ETN(GDXU)$ collapsed 39% last Fr