Sungarden Investment Publishing
Summary
- iShares MSCI South Korea ETF is highly concentrated in Samsung and SK hynix, making it a leveraged AI hardware play.
- EWY recently entered a bear market, reflecting both global tech volatility and the outsized influence of its top holdings.
- Despite reforms and increased index weight, South Korea’s market remains vulnerable due to governance issues and extreme tech sector concentration.
- I view EWY as a high-risk, high-reward trade, not a long-term investment, given technical overextension and historical drawdown patterns.
South Korea is a country that makes me think more of the old classic TV show “M.A.S.H.” which took place during the Korean War in the 1950s. That was the only war my late father was in
Sungarden Investment Publishing
I’m Rob Isbitts, founder of Sungarden Investment Publishing. I run the new investing group Sungarden Investors Club, a community dedicated to navigating the modern investment climate with humility, discipline, and a non-traditional approach to income investing. I’ve been charting investments since the 1980s, and I spent decades an an investment advisor and fund manager before semi-retiring in 2020. Now, this investing group is my focus. The markets tells us a story…we just have to listen! I teach subscribers how to do that.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article
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