South Korean retail investors net sold 1.34 trillion won today.
And this was the very day the KOSPI rose 4.39%. The market open immediately triggered a buy-side sidecar, and foreign investors turned net buyers for the first time in eight trading days, while retail investors were dumping shares.
SK Hynix closed at 1.212 million won, up 6.69%. It fell 20.16% last week, then clawed back a little over 7% in two days this week. Samsung was down 16% last week and is up 4.74% today.
Put simply, the people who dumped memory stocks last week have come back over the past two days—and they’re rushing back even faster than they left.
On Wall Street, $MU rose 6.25% last night, and the Philadelphia Semiconductor Index gained 6.85%. The memory-stock sector has bounced back from AI capex worries much faster than I expected. But I’m not convinced this is a reversal. A two-day rebound can’t repair a 20% hole from a single week, and Hynix is still a long way below last week’s high. If tonight’s CPI comes in hot, high-beta stocks like these will be among the first to get sold.
One more thing: BTC was stuck at 74,000 all day. South Korean retail investors used to be among the most aggressive players in crypto, but the money they made selling stocks today doesn’t seem to have flowed into crypto either.
#存储芯片 #美股 #CPI $MU $BTC
And this was the very day the KOSPI rose 4.39%. The market open immediately triggered a buy-side sidecar, and foreign investors turned net buyers for the first time in eight trading days, while retail investors were dumping shares.
SK Hynix closed at 1.212 million won, up 6.69%. It fell 20.16% last week, then clawed back a little over 7% in two days this week. Samsung was down 16% last week and is up 4.74% today.
Put simply, the people who dumped memory stocks last week have come back over the past two days—and they’re rushing back even faster than they left.
On Wall Street, $MU rose 6.25% last night, and the Philadelphia Semiconductor Index gained 6.85%. The memory-stock sector has bounced back from AI capex worries much faster than I expected. But I’m not convinced this is a reversal. A two-day rebound can’t repair a 20% hole from a single week, and Hynix is still a long way below last week’s high. If tonight’s CPI comes in hot, high-beta stocks like these will be among the first to get sold.
One more thing: BTC was stuck at 74,000 all day. South Korean retail investors used to be among the most aggressive players in crypto, but the money they made selling stocks today doesn’t seem to have flowed into crypto either.
#存储芯片 #美股 #CPI $MU $BTC