Yesterday, luxury stocks fell sharply, with $Hermes International SA(HESAF)$ dropping over 5.8%, marking its largest single-day decline since April 7 last year! Although $LVMH-Moet Hennessy Louis Vuitton(LVMHF)$ ’s decline was relatively modest at just 1.77%, it has fallen to recent lows and is now nearly halved from its historical peak! $Compagnie Financiere Richemont AG(CFRHF)$ and $Kering SA(PPRUF)$ both fell by more than 4.5% yesterday. The main driver behind the sharp decline in luxury stocks was the surge in oil prices triggered by Middle East tensions, which intensified market concerns over inflation, interest
After the close on Wednesday, memory giant $Micron Technology(MU)$ released its fiscal Q2 2026 results, covering the three months ending February 26. Compared with analyst expectations, Micron’s Q2 results significantly exceeded forecasts: Among them, Micron’s Q2 revenue reached $23.9 billion, surging 196% year over year and far exceeding analysts’ expectations of $19.7 billion: Micron’s revenue is primarily driven by DRAM (dynamic random-access memory), accounting for nearly 80% of total revenue, while NAND (non-volatile memory) makes up close to 20%: DRAM can be seen as the “short-term memory” of computers and servers, temporarily storing data in use. It is fast, but data is lost when power is cut. NAND is slower, but offers larger capacity and re
Last night, $韩国ETF-iShares MSCI(EWY)$ plunged 7%, far exceeding the 0.48% decline in the KOSPI index. Why did this happen? It was likely influenced by the sharp sell-off in the U.S. market overnight. The $纳斯达克(.IXIC)$ fell nearly 1.8%. The decline in U.S. equities was driven by escalating tensions between the United States and Iran. Donald Trump stated that preventing Iran from obtaining nuclear weapons is more important than keeping oil prices low. Meanwhile, Iran’s new supreme leader Mojtaba Khamenei signaled an intention to ensure the Strait of Hormuz remains effectively closed. As a result, the market is beginning to price in the risk that if shipping routes have not resumed by the end of March, oil p
Korean Stocks in Turmoil: Buy the Dip or Exit Korea ETFs?
On February 28, a joint US–Israel military strike against Iran triggered severe turbulence across global capital markets. Among all markets, the reaction in South Korea was the most dramatic. Because of the Independence Movement Day holiday, the Korean stock market was closed on March 2. When trading resumed on March 3, the KOSPI index plunged rapidly, triggering a circuit breaker during the session and ultimately closing down 7.24%. Panic quickly spread. On March 4, the KOSPI plunged again, crashing 12.06% in a single day—marking the largest one-day decline in its history and shocking global investors. Before investors could recover from the selloff, the KOSPI suddenly reversed course. On March 5, the index surged more than 12% intraday and ultimately closed up 9.63%, its biggest one-day
Nvidia Earnings Blowout — Can Semiconductor ETFs Launch a New Rally?
Early this morning, $NVIDIA(NVDA)$ released its Q4 FY26 earnings report covering the three months ending January 25. Compared to analyst expectations, the fourth-quarter performance was impressive: Looking ahead to the first quarter of fiscal year 2027, NVIDIA expects revenue to reach approximately $78 billion, a massive 77% year-over-year increase that significantly surpasses analysts' projections of $72.8 billion. Despite the explosive earnings report, NVIDIA's stock remained largely unchanged in after-hours trading, edging up just 0.18%! Following this, semiconductor ETFs experienced minor corrections after hitting record highs overnight. The largest semiconductor ETF, $VanEck Semiconductor ETF(SMH)$ ,
Korean Stocks Hit Another all-time high, with South Korea ETFs Surging over 34% YTD!
Incredible! The South Korean market rallied sharply again today, with the KOSPI index jumping over 2.6% to fresh record highs! Its year-to-date gain has already exceeded 30%, making it the world's best-performing stock index: The chart below shows the KOSPI index trend since 1980: South Korea ETFs have performed even more impressively. $iShares MSCI South Korea ETF(EWY)$ has surged over 34% YTD, $Franklin FTSE South Korea ETF(FLKR)$ has gained over 33%, while the 3x leveraged South Korea ETF— $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ —has skyrocketed over 127%! Investors who bought South Korea ETFs have truly hit the jackpot! What's driving such feroc
Historic peak: South Korean stocks surge, Samsung jumps 11% in a single day!
Absolutely insane! Absolutely insane! Today, South Korea’s KOSPI Index exploded 6.84%, marking its largest single-day gain since late March 2020. Among them, Korea’s market heavyweight Samsung Electronics was nothing short of explosive, soaring 10.8% today, marking its largest single-day gain since late October 2008. What’s even more striking is that in just a few short years, the combined market capitalization of Samsung Electronics and SK Hynix has surpassed that of $TENCENT(00700)$ and $BABA-W(09988)$ . The AI-driven wealth boom is truly eye-catching. Fueled by this surge, Korea-related ETFs have delivered eye-catching performance. $Direxion Daily MSCI South Kor
Last Friday, precious metals saw an epic meltdown — LME copper plunged 4%, gold crashed 9.5%, and silver collapsed 26.9%. Gold was down more than 12.6% intraday, marking its largest single-day drop in over 40 years, while silver plunged over 36% intraday, the biggest drop on record. The panic selling carried into today. Gold fell more than 8% intraday, sliding from its all-time high of $5,595 to below $4,500. Silver sank 14% intraday, tumbling from a record $121 to $73. LME copper dropped another 5%. Precious-metals ETFs were absolutely crushed. $ProShares Ultra Silver(AGQ)$ plunged 60% last Friday and fell another 16% overnight today. $MicroSectors Gold Miners 3x Leveraged ETN(GDXU)$ collapsed 39% last Fr
Last night, gold saw violent intraday swings, briefly surging to $5,595.4/oz, setting yet another all-time high. But sentiment flipped in an instant. Gold sold off sharply from the highs, plunging to an intraday low of $5,110.87, down more than 5.6%, marking the largest intraday drop since October 21 last year. Fortunately, the scare passed without disaster. Gold eventually closed only 0.69% lower, allowing investors to breathe a sigh of relief. Before the shock had fully faded, selling resumed today. Gold once again slumped more than 4.5% intraday, slicing through the $5,400, $5,300, and $5,200 psychological levels in quick succession, before bottoming out at $5,131.5. The rapid sell-off hammered gold miners. $Chifeng Jilong Gold Mining Co.,Ltd.(60