If EWY keeps crumbling, this post will be my confession; if it stabilizes here, it will be a prophecy. The trial begins now.
First, why did it fall so hard? Nearly half of EWY's holdings are Samsung Electronics and SK Hynix. Today, one fell 9.5% and the other 11.1%, crushing the ETF. With a beta of 1.57, it falls harder than the broader market.
Now, why am I not panicking? It's still up 55% year to date and 72% over the past year—this is a sharp drop in a strong trend, not a bear market.
What should you do? Don't try to catch a falling knife; wait for it to stabilize. The long-term AI memory thesis depends on HBM orders and AI capital spending, not today's candlestick.
⚠️ Personal notes; not investment advice. #KOSPI收跌7.57%盘中触发熔断 #韩国拟收紧金融网络安全规定
First, why did it fall so hard? Nearly half of EWY's holdings are Samsung Electronics and SK Hynix. Today, one fell 9.5% and the other 11.1%, crushing the ETF. With a beta of 1.57, it falls harder than the broader market.
Now, why am I not panicking? It's still up 55% year to date and 72% over the past year—this is a sharp drop in a strong trend, not a bear market.
What should you do? Don't try to catch a falling knife; wait for it to stabilize. The long-term AI memory thesis depends on HBM orders and AI capital spending, not today's candlestick.
⚠️ Personal notes; not investment advice. #KOSPI收跌7.57%盘中触发熔断 #韩国拟收紧金融网络安全规定