Why is the South Korean $KOSPI a leading indicator for the AI trade in the US? The KOSPI peaked on June 19th. US AI names peaked on June 22nd. The KOSPI now is attempting to form a bottom near the breakout level from April which was originally rejected in late February. Friday will put in a Tom D
@joemccann·Jul 16, 2026·2 sources·neutral
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The article analyzes the South Korean KOSPI index as a leading indicator for US AI stocks, discussing its recent peak, potential bottom formation, and margin calls among Korean traders.
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Why is the South Korean $KOSPI a leading indicator for the AI trade in the US? The KOSPI peaked on June 19th. US AI names peaked on June 22nd. The KOSPI now is attempting to form a bottom near the breakout level from April which was originally rejected in late February. Friday will put in a Tom D
@joemccann
Jul 16, 2026
KOSPI like the FTX of AI
@frankdegods
Jul 16, 2026