$SK hynix(SKHY)$ Same pattern

$SK hynix(SKHY)$ Same pattern as last week. Every 30 minutes a 2 million share block gets traded on KOSPI, all day long. Algo trading is pushing KOSPI down at 7k and dumping SK and Samsung to bring funds within set limits for the new quarter. These companies are laying golden eggs and buying back billions in shares, but it doesn't seem to matter since the algo selling is automatic. Pensions and the companies themselves are likely absorbing most of that selling. As Samsung and SK drop, algos are selling Micron and SanDisk in line with that. It's interesting how this doesn't touch ARM, AMD, or NVDA despite their much higher valuations compared to memory names.

At some point MSCI or whoever is behind this will be done. They probably should have started this weeks ago.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":615502657577368,"tweetId":"615502657577368","gmtCreate":1791258022000,"gmtModify":1791337626909,"author":{"id":9000000000000184,"idStr":"9000000000000184","authorId":9000000000000184,"authorIdStr":"9000000000000184","name":"snixy","avatar":"https://static.tigerbbs.com/999ddb8936398ccbb2193658ca1848c1","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":101,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body><a href=\"https://ttm.financial/S/SKHY\">$SK hynix(SKHY)$&nbsp;</a>Same pattern as last week. Every 30 minutes a 2 million share block gets traded on KOSPI, all day long. Algo trading is pushing KOSPI down at 7k and dumping SK and Samsung to bring funds within set limits for the new quarter. These companies are laying golden eggs and buying back billions in shares, but it doesn't seem to matter since the algo selling is automatic. Pensions and the companies themselves are likely absorbing most of that selling. As Samsung and SK drop, algos are selling Micron and SanDisk in line with that. It's interesting how this doesn't touch ARM, AMD, or NVDA despite their much higher valuations compared to memory names.\nAt some point MSCI or whoever is behind this will be done. They probably should have started this weeks ago.</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/SKHY\">$SK hynix(SKHY)$&nbsp;</a>Same pattern as last week. Every 30 minutes a 2 million share block gets traded on KOSPI, all day long. Algo trading is pushing KOSPI down at 7k and dumping SK and Samsung to bring funds within set limits for the new quarter. These companies are laying golden eggs and buying back billions in shares, but it doesn't seem to matter since the algo selling is automatic. Pensions and the companies themselves are likely absorbing most of that selling. As Samsung and SK drop, algos are selling Micron and SanDisk in line with that. It's interesting how this doesn't touch ARM, AMD, or NVDA despite their much higher valuations compared to memory names.\nAt some point MSCI or whoever is behind this will be done. They probably should have started this weeks ago.</body></html>","text":"$SK hynix(SKHY)$ Same pattern as last week. Every 30 minutes a 2 million share block gets traded on KOSPI, all day long. Algo trading is pushing KOSPI down at 7k and dumping SK and Samsung to bring funds within set limits for the new quarter. These companies are laying golden eggs and buying back billions in shares, but it doesn't seem to matter since the algo selling is automatic. Pensions and the companies themselves are likely absorbing most of that selling. As Samsung and SK drop, algos are selling Micron and SanDisk in line with that. It's interesting how this doesn't touch ARM, AMD, or NVDA despite their much higher valuations compared to memory names. At some point MSCI or whoever is behind this will be done. They probably should have started this weeks ago.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/615502657577368","repostId":0,"isVote":1,"tweetType":1,"viewCount":403,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SKHY"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":641,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/615502657577368"}