South Korea's stock market got absolutely hammered over the past couple of days - down over 8% and sitting around 5,790 points. Looks like we're heading for another soft start on the open, probably more red across the board. The whole Asian market is getting dragged down by Middle East tensions and concerns about where this thing is heading. Interesting thing though - oil stocks are having a field day while tech and autos are getting destroyed. Samsung Electronics, LG, SK Hynix all tanked hard, losing between 9-12% each. LG Chem was particularly brutal down over 13%. But then you've got S-Oil absolutely skyrocketing 28% on the back of crude prices spiking. Speaking of oil, WTI is now trading around $74.58 after jumping another 4.7% yesterday. Iran closing the Strait of Hormuz definitely spooked the market. The broader picture is rough - Wall Street finished in the red across the board, Dow down 0.83%, S&P 500 down 0.94%, NASDAQ down 1.02%. Trump's saying this Middle East situation could drag on for months. So yeah, soft start looking likely for today's open with all this uncertainty hanging over everything. The data releases coming out of South Korea might provide some direction but honestly hard to see much upside until we get clarity on what's happening geopolitically.

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