Indicator Tracker (1006 Tue)

In the Indicator Tracker for October (month 10) 6, the speaker says that foreigners net sold 1.7 trillion won and sold approximately 10 trillion won over 8 days, but interprets this as portfolio weighting adjustments because foreign ownership of the KOSPI remains in the 40% range. The speaker points out that the KOSPI is at 6,941, having retreated from the 7 thousand level and fallen below its 120 day moving average, and calls this a shortsighted market in which even Samsung Electronics, whose quarterly 100 trillion won is being recognized, faces selling at 28 ten-thousand won. By contrast, the KOSDAQ, which includes many loss-making companies, rose 3% to 919. Citing cases such as APR, Daewoo Engineering & Construction, and Mirae Asset Securities falling after sharp rises, the speaker cautions against a market narrative that discusses only what is rising. The Nasdaq is breaking through to new highs, led by Meta, Microsoft, and Nvidia, but Nvidia's CDS is also rising, leaving conflicting signals everywhere. The Nikkei has bounced off its 120 day moving average, and the speaker signals a short position at 66,600. Although the market has adapted and become less sensitive to the US 10 year Treasury yield of 5.28% and oil prices in the 87 dollar range, the speaker warns of cumulative damage from prolonged high interest rates. The speaker highlights Samsung at 27.2 ten-thousand won facing an overhead supply zone at 28 ten-thousand won, and SK Hynix breaking below its 20 day moving average and being sold during share buybacks, then describes the financial sector's fatigue with AI monetization and a shift toward bonds. After explaining gold's decline to 4,106 dollars and the contango structure in futures, the speaker concludes by recommending buying in installments and diversifying into the US market, while expecting a narrow trading range in a week with 3 business days. All directional outlooks are the speaker's conditional judgments, not definitive short-term price predictions.