TLB and Simtek Soar, Nuclear Power Stocks Watch Westinghouse IPO…Utilize Market Volatility Ahead of Nvidia Earnings

Analysis suggests that a buy strategy at the lower end of the index's box range was effective in this week's market. Lee Ga-ram, Manager, stated, "I said I would buy if it dipped this week. I drew specific index points, and it was to buy at the bottom of the box range." He emphasized utilizing low-point buying opportunities in line with market trends.

In fact, semiconductor-related stocks such as Simtek and TLB showed sharp rises, drawing market attention. This once again confirms that buying at low points is an effective strategy in a box-range market where the index moves within a specific range.

News related to nuclear power has been pouring in since yesterday evening, escalating investor interest in the sector. Lee Ga-ram, Manager, stated, "Suddenly, news related to nuclear power started coming out last night, and it seems an important point has emerged. I will explain my perspective on nuclear power and what schedules are in store," indicating that a significant change in the trend of nuclear power stocks has been detected.

With the emergence of this nuclear power issue, a concrete response strategy for nuclear power stocks will likely be needed in the future.

The weekly market strategy is provided every Sunday in advance, offering investors a benchmark for the market. Lee Ga-ram, Manager, stated, "So, the forecast is already done on Sunday, and the chart comes in according to that. So, you just need to follow this," emphasizing that this weekly strategy serves as important reference material for investment decisions.

Every morning, real-time supply and demand information, including institutional net buying stocks, is shared along with the day's market conditions. This information helps investors respond quickly to market changes and formulate investment strategies by identifying key supply and demand players.

The current KOSPI index is moving sideways, repeating ups and downs within a box range of 6,400 to 7,000 points. Lee Ga-ram, Manager, analyzed, "KOSPI is moving sideways, in a box. What about KOSDAQ? It's going up. Ah, KOSDAQ sees buying below 800."

In contrast, the KOSDAQ index is showing a contrasting pattern, maintaining an upward trend with support at 800 points. This suggests that buying interest is flowing into the KOSDAQ market.

The current market is assessed to be in a non-trending phase, unable to definitively determine an upward or downward direction. Therefore, investors must establish strategies tailored to the characteristics of each index.

In this situation, the individual stock market on KOSDAQ is also likely to become more prominent.

The current market is analyzed to be in a box range between 4,800 and 4,989 points, making it difficult to expect a trend-following rise. Lee Ga-ram, Manager, explained, "This is the current market. So, rather than expecting it to go up significantly, it's a market where if you bought low, you should take profits when it goes up, and then buy again. This perspective is still continuing."

Therefore, a repetitive box trading strategy of buying at low points and selling at high points, rather than a unilateral index rise, is likely to be more advantageous for investors.

Samsung Electronics' stock price is currently rebounding with buying interest around 240,000 won, but it is still analyzed to be within a box range between 240,000 won and 280,000 won. Lee Ga-ram, Manager, commented, "As I said about Samsung Electronics, you should buy it when it enters the 240,000 won range. I said below 250,000 won would be the first point, and indeed, it bounced back from this lower position. So, it goes up and down, up and down, and then one bullish candle appears, but there's no clear direction, right? It's a non-trending phase."

Currently, Samsung Electronics is in a non-trending phase lacking clear upward momentum, and a more definite catalyst is needed to break through the upper box range.

SK Hynix's stock price shows a pattern of continuously rising low points, indicating limited downside. Lee Ga-ram, Manager, stated, "If Hynix goes up this time, it could again reach 1.8 million won, and if it breaks through this time, it will eventually be a chart heading towards 2 million won."

This technical trend ultimately generates anticipation for an upward move towards breaking 2 million won.

News recently reported a sharp drop in oil prices amid expectations of easing tensions in the Middle East. Lee Ga-ram, Manager, stated, "Pakistan's visit to Iran was fruitful, and the results will soon be clear. This came up in Middle Eastern media reports, and after that, oil prices plummeted and the index surged," pointing out that falling oil prices are positively impacting the market.

Simultaneously, the continued decline in US Treasury yields is restoring investor buying sentiment. Overall, an improving global macro environment is expected to foster positive investment sentiment across the stock market.

These changes could offer new opportunities to investors, and expectations of interest rate cuts, in particular, could create an investment environment focused on growth stocks.

Simtek announced plans for expansion through a third-party allocation rights issue after market close, once again proving the strength of the semiconductor industry. Lee Ga-ram, Manager, explained, "Simtek is announcing an expansion after the market closes today. They're raising funds from a third party, which means the industry and sockets are good. But there's already some pre-reflection of that."

This reflects the solid growth of the semiconductor substrate and socket market, increasing the likelihood of positive sentiment spreading to related stocks such as Daeduck Electronics and Haesung DS.

Such movements are expected to reinforce the positive outlook for the entire semiconductor sector ahead of Nvidia's earnings announcement.

As Nvidia's inference chip (APU) issue comes to the forefront, Doosan Tesna is being highlighted as a key beneficiary. Lee Ga-ram, Manager, commented, "If APU becomes an issue, Doosan Tesna benefits," anticipating that APU-related momentum will positively impact Doosan Tesna's earnings growth.

Indeed, Doosan Tesna's performance related to Nvidia's Grok-3 APU is expected to become visible from the end of the year, with high expectations for ramp-up in November and growth in CIS (CMOS Image Sensor) sales next year.

Amid these expectations, institutional and foreign investors are steadily increasing their buying, drawing attention to Doosan Tesna's stock movement.

Westinghouse confidentially submitted a draft registration statement for an initial public offering (IPO) on July 31, signaling significant changes in the nuclear power industry ecosystem. Lee Ga-ram, Manager, explained, "Westinghouse confidentially submitted a draft registration statement for an IPO on July 31. An IPO means raising capital," analyzing that this implies Westinghouse's business expansion through capital raising.

The IPO is expected to materialize between September and October, which is anticipated to increase partnership possibilities with Korean nuclear power companies, offering them an opportunity for re-evaluation.

With Westinghouse's IPO plans, the potential for domestic nuclear power companies to benefit is rising. Lee Ga-ram, Manager, identified key beneficiary companies, stating, "Hyundai Engineering & Construction, which is in partnership with Westinghouse, is a representative example, and Doosan Enerbility produces the AP1000 nuclear reactor's main components."

Hyundai Engineering & Construction, with its strong partnership with Westinghouse, and Doosan Enerbility, which produces AP1000 nuclear reactor main components, are considered key beneficiaries. Additionally, KEPCO E&C, which handles nuclear power plant design, is expected to benefit significantly if the Korean-type nuclear reactor is adopted.

Following news of Westinghouse's IPO plans, KEPCO E&C rose significantly, followed by Hyundai E&C. Lee Ga-ram, Manager, stated, "As a result, KEPCO E&C rose a lot today, and then Hyundai E&C rose, but the important point is that Westinghouse is pursuing an IPO whether Korea participates or not," emphasizing that Westinghouse's IPO is the key driving force regardless of Korea's involvement.

While KEPCO E&C's benefits may vary depending on its participation in nuclear power plant design, Hyundai E&C holds a broad portfolio encompassing both large nuclear power plants and Small Modular Reactors (SMRs), suggesting more stable benefits.

Hyundai E&C is strengthening its network not only with Westinghouse but also with global nuclear power companies like Holtec and TerraPower, which is expected to further expand its presence in the nuclear power market in the future.

Expectations are growing for Alteogen as news of imminent Japanese approval for its Keytruda SC formulation circulates. Lee Ga-ram, Manager, commented, "There is imminent Japanese approval for the Keytruda SC formulation. So, there are expectations for Alteogen to receive milestones and royalties," expressing anticipation for milestone payments and royalty revenue.

Currently, Alteogen's stock price forms strong support below 300,000 won and faces resistance around 350,000 won, showing a box-range pattern. Therefore, a strategy of buying at low points and selling at high points within this range is analyzed to be effective.

Alteogen is acting as a leading stock within the biotechnology sector, and the outcome of the Japanese approval is expected to be a crucial turning point for its stock price movement.

Analysis suggests the current market is more interested in high volatility than in showing a clear direction. Lee Ga-ram, Manager, stated, "I first think that the market is ultimately more interested in volatility than in direction," emphasizing that investors should focus on strategies utilizing volatility rather than the index trend itself.

Tomorrow, especially the semiconductor sector's supply and demand and related issues are expected to significantly influence market movements. Investors need to closely monitor trends in the semiconductor industry and effectively respond to market volatility.

Given these market characteristics, focused analysis and quick responses to specific sectors will likely become important.

In the current box-range market, the principled strategy of securing a cash ratio and buying when the index drops was reiterated as effective. Lee Ga-ram, Manager, explained, "It was 'buy' from this morning. The futures were 3 points, and KOSPI was based on 6,400, and a lot was bought today. What happened? It ended with a lot of profit," revealing that the low-point buying strategy indeed led to profits.

He emphasized the importance of a mechanical 'buy low, sell high' strategy according to index movements, such as buying when the intraday futures index dropped to 3 points based on KOSPI 6,400.

Additionally, it is crucial to flexibly respond not only to large-cap stocks but also to material, parts, and equipment (SooBujang) related stocks by checking intraday supply and demand conditions in real-time.