KOSPI breaks below an important support level... In this condition, even a stock-specific market is at risk (Park Byung-chang) | Infomax Live broadcast on 2026/10/8

Park Byung-chang assesses that Samsung Electronics and SK hynix are trapped in absorbing selling pressure within a trading range and would struggle to rise on their own without macro momentum. Contrary to expectations at the start of October (month 10), declines on Tuesday, Wednesday and Thursday for 3 consecutive days have weakened even the stock-specific market, and he warns of possible panic selling if the market falls below the lower boundary of the range at 6,600. He sees chart-based sell signals in leading shipbuilding, defense and nuclear power stocks and transformer stocks, suggesting that the market's middle tier is breaking down, while exchange-rate effects are reflected in export stocks' weakness. He explains that the primary reason for the weakness of the two semiconductor leaders is the absence of foreign buying flows to absorb selling pressure above 7 thousand, with long-term supply contracts also impairing the slope of growth. As a breakout trigger, he hopes for specific annual guidance like Nvidia's, and identifies a move below 100 in the dollar index as a condition for foreign investors to return. On KOSDAQ, he expects momentum through October (month 10) in materials, components and equipment, secondary batteries (2), and solar power, but sees difficulties for biotech because of weaker investor sentiment and competition from China and AI healthcare. He does not believe the argument that AI growth can offset rising interest rates, and recommends short-term trading with a cash buffer through year-end, keeping in mind the aftereffects in vulnerable countries and the possibility of renewed liquidity expansion. All directional outlooks are the speaker's conditional judgments, not definitive predictions of short-term prices.