Phyrex
Phyrex|7月 28, 2026 17:45
Today's content is almost done, just missing my daily routine. Around this time every day, I check the price of ADR. If it keeps dropping, I usually wait until right before bed to close my position. But if there's a rebound trend, I might just close it directly. Today is one of those cases. After all, SK Hynix's earnings report will be released in a few hours, and I estimate the data will be good. Plus, SK Hynix has been dropping recently, so there might be a lot of investors buying the dip. But based on my understanding of the data, the leverage in the Korean stock market is still very high, and the deleveraging process is ongoing. So, I'm worried that tomorrow's rebound might just be short-lived. Of course, I don't know for sure—just making an assumption. Also, the U.S. stock market hasn't been performing well lately. ChangXin is siphoning off market share from both SK Hynix and Micron. Leverage in the U.S. stock market is also quite high, so I probably won't participate tomorrow unless SK Hynix's earnings report turns out bad, causing a significant drop in SK's stock. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads