Indicator Tracker (1011, Sunday)

R Sanmoo emphasizes observing prices and investor flows to question personal convictions and biases, and limiting losses in declines rather than chasing rallies. Through his unsuccessful palladium trade, he explains that industrial demand, liquidity and popularity can cause large price swings. In Korea, he regards a reversal in foreign-investor trading as an important confirmation signal and is cautious about short-term momentum in the KOSPI, KOSDAQ and US markets. He argues that debates over AI companies’ annualized revenue and gross versus net recognition should be distinguished from actual cash flows, costs and disclosure transparency. He interprets Nvidia’s guarantees and Oracle’s investment structure based on advance contracts as risks from concentrating credit on expectations of AI earnings, and argues that government support does not mean preserving investment prices. He recommends not mechanically connecting exchange rates, bond yields, crude and gasoline, but observing them alongside core factors such as AI profitability, war and elections. For the coming week, he keeps further declines possible while distinguishing limited repurchases by investors who already raised cash from averaging down losing positions, emphasizing portfolio circumstances and new information. All directional outlooks are the speakers’ conditional judgments and do not establish a definitive short-term price prediction.