Will KOSPI Settle at 2,700? Focus on Nuclear Power, Secondary Batteries

Lee Joo-yeon, CEO of M Investment, diagnosed that, unlike in the past, a market trend of 'strong in the morning, weak in the afternoon' is highly probable. Analyzing the impact of the US market holiday on afternoon volatility, she mentioned that rather than a sharp drop in the afternoon, selling pressure might emerge in the form of an upper wick on candlesticks.

CEO Lee Joo-yeon stated, "Before, I felt that many predicted 'weak in the morning, strong in the afternoon,' but today, since it's 'strong in the morning, weak in the afternoon,' I think the probability is high," emphasizing the change in market trends from previous forecasts.

LNF's stock price plummeted 8% after reports in October that it was considering issuing 300 billion KRW worth of convertible bonds (CBs). This reflects market concerns about the company seeking to raise funds again after just one year.

The company stated, 'Nothing has been decided yet, and it's difficult to comment,' but CEO Lee Joo-yeon interpreted this as virtually confirming that the issuance is under consideration.

CEO Lee Joo-yeon explained, "Yesterday, news related to this reported that they are considering issuing CBs worth about 300 billion KRW in October. LNF stated that nothing has been decided yet and it's difficult to comment, but it can be seen that they are indeed reviewing it."

LNF's fundraising is analyzed to be due to the need for additional expansion following a 1.6 trillion KRW mid-to-long-term LFP (lithium iron phosphate) supply contract with Samsung SDI. Currently, LNF is the only company capable of procuring LFP cathode materials in the U.S.

The current production capacity of LNF is insufficient compared to the anticipated LFP demand in 2028, further justifying the expansion.

CEO Lee Joo-yeon stated, "They signed a mid-to-long-term LFP supply contract worth 1.6 trillion KRW with Samsung SDI. LNF is the only company that can procure LFP cathode materials in the U.S. So, it's highly likely that they are feeling the need for additional expansion."

Robot-related stocks recently saw a collective rise due to news such as Bear Robotics' IPO preparations, but now profit-taking is emerging, centered around Robotis. LG Electronics acts as the leader for the overall robot stock sector, and its stock movement serves as a barometer for all robot stocks.

CEO Lee Joo-yeon commented, "Even the robot stocks that were strong yesterday are now experiencing some profit-taking, centered around Robotis. LG Electronics is playing the role of a leader in robot stocks. We should now consider LG Electronics' trend as the barometer for robot stocks," emphasizing the importance of LG Electronics' stock movement.

CEO Lee Joo-yeon assessed that the robot sector continues to maintain strong momentum. Although a short-term dip is occurring, she advised that continuous attention should be paid to these periods from a rotational trading perspective.

CEO Lee Joo-yeon explained, "Anyway, it's dipping today, but the robot sector actually continues to have very strong momentum, so when it dips, I personally think it's worth keeping an eye on from a rotational trading perspective."

Nuclear power stocks are predicted to show strength in the morning due to the absence of additional news from the US market holiday, followed by the possibility of an upper wick in the afternoon. Currently, breaking through the 120-day moving average resistance is a crucial point.

CEO Lee Joo-yeon stated, "Investors should be aware that nuclear power stocks might be strong in the morning and could have an upper wick in the afternoon," urging caution from investors.

Although the government officially denied rumors of acquiring a stake in Westinghouse, the market still maintains optimism about it, leading to a rise in related stock prices. Expectations for related news are building around the 18th.

CEO Lee Joo-yeon commented, "The government has officially denied it. But anyway, if that actually happens, many domestic companies will benefit greatly," indicating that market sentiment remains despite the government's denial.

CEO Lee Joo-yeon identified Doosan Enerbility as a beneficiary in the nuclear power sector. Doosan Enerbility is a company that produces not only gas turbines but also main components for nuclear power plants, and is considered a stable company that can gain momentum from both gas turbines and nuclear power.

CEO Lee Joo-yeon stated, "I think the biggest one is Doosan Enerbility. Doosan Enerbility not only makes gas turbines but also, as I mentioned earlier, main components related to nuclear power. So, it's a company that can gain momentum from both gas turbines and nuclear power. That's why Doosan Enerbility seems the safest and best, doesn't it?"

CEO Lee Joo-yeon raised concerns about potential selling due to macroeconomic instability, taking a cautious stance on afternoon buying. She recommended that instead of aggressive buying in the morning, a strategy of buying good stocks when prices dip in the afternoon would be more effective.

CEO Lee Joo-yeon stated, "I question whether today's morning session is a situation that calls for aggressive buying. If prices dip in the afternoon, then personally, I would consider it an opportunity to buy stocks I view favorably," emphasizing the need for a cautious investment strategy.