Daily Strategy (0908 Tue)
- What to look for
- You can examine the portfolio-management principle of choosing to wait and watch despite an upward bias because of policy and financial variables, with a baseline allocation of 70% stocks and 30% cash.
- Why it matters
- This helps you learn the conditions for increasing exposure when the 7,200 reference level is reached, how to read supply and demand, including overhead supply pressure on Samsung and Hynix, and how to prioritize sector research.
AI summary
The assessment is that although today's market leans toward gains, uncertainty surrounding the U.S. market and policy and financial-system variables makes conviction difficult, so waiting and watching takes priority. The speaker explained that only 70% of available investment funds should be held in stocks and 30% in cash, but that the stock allocation could be increased to 90% if the market rises to the reference level of 7,200. The speaker viewed the nuclear power and financial sectors positively based on momentum and the sustainability of earnings, but assessed that Samsung Electronics and Hynix still face supply-and-demand pressure because many investors are trapped in overhead supply zones. Since the index's potential returns both upward and downward are limited, the suggested approach was to reduce reactive trading and focus on studying fundamentals and sectors, while waiting that day until checking the U.S. market and selling some holdings if prices rise.