【Foreign investors bought $3.8 billion worth in a week, yet Korean stocks fell again this morning】

Korean stocks turned green again this morning—by more than 3%. Many people are confused: didn’t we just say foreign investors were bottom-fishing for a record $3.8 billion? Actually, that’s not contradictory—Merrill Lynch said the clearing of leveraged ETFs has been completed at about 75%, but fully clearing them may take another three months. Foreign investors are buying based on a three-year logic, while retail investors are operating on a three-day leveraged cycle; the two groups are simply not on the same channel. So during this period, Korean stocks are: long-term capital is coming in, while short-term capital is stirring things up. Once you understand that, you won’t be led around by the daily ups and downs. In this lesson, every day we help you highlight the key points. #SKHYNIX $SOXL ‌