[#찐시황] "강세장 신호탄 쐈다…외인 선물 7천억 매수의 의미" / 반도체주의 급등, 랠리의 끝은 아직 멀었다ㅣ이권희 대표

TLDR;

This video features a discussion with CEO Lee Kun-hee of Wizwave, providing insights into the current market situation, key sectors, and future variables. The conversation covers topics such as the semiconductor upcycle, US-China trade tensions, AI bubble comparisons, and investment strategies for 조선주, 2차전지, and 바이오 industries. Key takeaways include the importance of monitoring foreign futures flow, the potential for continued growth in the semiconductor sector, and the need for caution in robotics stocks.

• Market showing resilience with institutions and foreigners buying back stocks.
• Semiconductor industry entering an upcycle, driven by AI data center expansion.
• US-China trade tensions remain a concern, but the market impact has been limited.
• AI bubble is different from the dot-com bubble due to concentrated investment in the US.
• Focus on key stocks in secondary batteries (POSCO FutureM, LNF, PNT) and bio (Olix, Rigacam, FutureCam).

Today's Market Overview [0:55]

The market showed a strong performance, with institutions buying back stocks and foreigners engaging in net buying of futures. CEO Lee Kun-hee noted a steady upward trend, particularly in semiconductor-related stocks like Samsung Electronics and Hynix. Foreigners bought over 700 million won worth of stocks, signaling a positive outlook for the market. Powell's remarks about employment being poor was interpreted as a sign that interest rates will be lowered again next time.

Samsung Electronics' Surprise Performance and Semiconductor Upcycle [4:52]

Samsung Electronics' preliminary earnings announcement exceeded expectations, confirming the entry of the semiconductor industry into an upcycle. This revival is driven by the expansion of AI data centers, increasing the demand for DRAM and land. The performance of Samsung Electronics and Nemicron has revitalized the legacy semiconductor industry. The expansion of the P4 line and potential for further investment are expected to benefit small and medium-sized businesses in the sector.

US-China Trade Conflict and Global Economic Concerns [5:50]

The resurgence of trade tensions between the US and China remains a concern, although its impact on the market has been limited. The US shutdown issues are not considered significant evils. China's actions are seen as a reflection of past US policies. Despite these tensions, the market seems to be focusing on other factors, such as the potential for interest rate cuts and the strength of the semiconductor industry.

Notable Sectors and Stocks [8:51]

Semiconductor prices have risen, benefiting companies like Hanmi Semiconductor, PSK Holdings, DI, and Techwing. Nuclear power-related stocks, led by Doosan Energy, are also performing well due to expectations of increased SMR orders and global nuclear power investment. Telecommunications equipment stocks are gaining traction, with Samsung Electronics exporting 5G equipment to Europe. Robotics-related stocks are good, but there are concerns about being over-the-top.

Future Market Variables and Issues to Monitor [14:49]

Key variables to watch include concerns about a US shutdown, the US political situation, and the potential for civil war. Domestically, the 3rd revision of the Commercial Act and tax law reform are important issues to monitor. The level of the US-China trade conflict and the future economic outlook in the United States will also play a significant role in market trends. The market anticipates a 50 basis point interest rate cut within the year.

AI Bubble Discussion and Comparison to the Dot-Com Bubble [18:07]

The current AI bubble is compared to the dot-com bubble, with the key difference being that most AI investment is concentrated in US companies. Companies outside the US are not investing in AI as extensively. The expansion of the AI industry is creating opportunities, with Nvidia generating profits and reinvesting in the sector. While there will be an end to the bubble, it is too early to worry about it now.

Investment Points and Future Outlook for 조선주, 2차전지, and 바이오 Sectors [25:23]

Stocks that had recently risen due to Mars are being pushed down little by little. The focus is on 조선주, 2차전지, and 바이오 sectors. For secondary batteries, key stocks to watch include POSCO FutureM, LNF, and PNT. POSCO FutureM is expected to perform well due to its cathode materials, while LNF is tied to Tesla and produces cathode materials for LFP batteries. PNT is a key equipment manufacturer in the sector. In the bio sector, Olix, Rigacam, and FutureCam are highlighted, with potential for growth based on clinical results and industry developments.