EWY
iShares MSCI South Korea ETF
Mentions (24Hr)
400.00% Today
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TSM - I was right, kind of, and i think there's still more value here.
Mentions
I am shorting KPopa and Korean BBQ. Bought a few $EWY $125p weekly
EWY is gonna jump 25% overnight one day
Hey don't put any ideas of shorting the only tech related stock/ETF I own... My eyes are wide open on the risks to $EWY. Diversification.
depends what you are shorting. Ya dont short IGV but I have build up a decent short position on EWY, has a lot of room to fall
1. My chart religions shows $GGB is approaching its 200 DMA & I'm hoping for a bounce. 2. Brazil is a BRICS nation so I'm hoping that all the USD currency volatility that is hitting my $EWY and $EWJ ETFs is not as pronounced. 3. $GGB has a variable dividend and they will pay out a higher dividend when times are good over buying back their stock. 4. It worked during 22021-23 if we do go down that road. This is all a guess based on my wacky chart religion in cycles. Viewer discretion advised.
Full port rotation Long CVI CORN GLNG Short EWY JETS KRE
I think we are pretty screwed. I usually have 5% long puts and bear spreads but I am creeping up to 10%. My barbell is evil; oil and fertilizer companies. I think some of the shippers will make bank with higher fees, but they aren't trading like that now. There is a bid for fertilizer stocks. We will have 20% less fuel and fertilizer until this ends. For me, this means OILK, NTR, VLO, CF. Hopefully I won't have to own these for long and they will tank overnight when the war ends. Why things are bad: This talk about missiles and drone launches happening infrequently are one thing. However, Iran has artillery. Lots of it. They can fire mobile artillery in the mountains, move and hide, do it again. This doesn't give the precession to hit a ship you can't see, but Iran can carpet bomb the narrowest choke point of the SoH. While the Trump WH is saying they will escort ships, many, many, many ships have allegedly asked for escorts and have been refused for a reason. That's because they run the risk of artillery shots getting lucky. I don't know that an escort will play out this way, I don't have a military background, but this is my base case. This is a modern war that is most like the war between Russia an Ukraine. Think lots of trenches, new secret holes being bulldozed out of mountains in undergorund missile cities with infrequent drone and LR missle attacks. I think boots on the ground is probably what it takes to prevent Iran's capability of raining down projectiles. But, still net long, though carrying cash and shorts. Jamie D's comment on BAC the other day means I'll probably take out super long duration bear spreads on them the other day. He knew that banks had a private capital problem and he hinted at it without saying something that could get him sued. Jamie D warned us about private capital in his particular way that prevents him from being sued, and he just did that with BAC. It is clear that Trump is TACOing and laying blame on Rubio and Hegseth and Hegseth will probably be the next to go, thank God. But, it takes two to TACO. Assassinations and decapitation strikes are illegal under US law. Only congress can declare war under US law. Assassinating the entire leadership of a country is certainly a declaration of war, full stop. The decapitation strike **could not have gone worse.** The father and wife and other family members of the new Ayatollah were assassinated and he survived with injuries. He is described as being more religious than his father. Can you imagine a Catholic being described as more religious than the pope? That's how bad a short straw we drew. The IRGC is its own independent organization that will only go along with the Supreme leader if they choose violence, all three parties, the clerics, the army, and the IRGC (40% of Iran's economy is IRGC jobs) are aligned. They can do massive economic damage. THey can curtail oil production. This world still runs on oil. Hopefully, I'm wrong, and then I'll take a day or two of steep losses with my hedges and then it is back to groundhog day, MU, EWY, are still my favorite stocks. I will overweight before earnings. I don't think the market really understands the battlefield. I don't think the market really understands Iran. I think people are overconvident, but I will be long and hedged all they way down to the bottom. They, hopefully, I will only be straight long, no barbell, no chaser. This is a high-risk regime though. It is more important to hold onto money you made then to make money when the bears are out. But don't go full Forest Gump and sell everything.
I hear you. I've been swing trading $EWY and $EWJ like South Korea and Japan were meme stocks. I guess we shouldn't be surprised when Silver traded as a meme stock 2 months ago and crude oil is trading like a meme stock this week. It really makes you wonder about the value & stability of the denominator or USD.
These World Stocks have had half their recent gains b/c they are/were a part of the short USD trade and half their growth due to repatriation of USD held abroad being invested back in their home economies. This trade was working great until Trump bombing Iran. Crude Oil is sold in USD so when crude oil prices go up then countries need more USD to buy the higher priced oil. The Asian Pacific area is mostly an energy importer not exporter so they get sucker punched again. With all that said I agree with you and I am in this trade and have been buying $EWY (South Korea) and $EWJ (Japan) for months now as I started buying $ACWX (World ex-US) this week. I believe we are in a new long term cycle where financials, industrials, and manufacturing outperform technology. The countries that started repatriating their USD and investing that capital back home are not going to stop due to recent events such as the Iran war. If anything they are going to be more convinced that they need to speed up that process. And these foreign economies are not as tech heavy as the US so they aren't investing the same high percentage of GDP on tech as the USA. The US markets (the $SPY and $QQQ) are indeed too tech heavy in market cap concentration and those that believe technology can't be replaced as market leaders haven't read history or studied cycles. With all that said a simple World ex US ETF doesn't have the US problem with market cap concentration in just a few stocks or sector so you wouldn't just have to bet on just the Asia Pacific economies. I would consider these recent events as an opportunity to buy although may be diversify and go 50% Asia Pacific, 50% World ex-US. I moved my 401K into a similar World ex-US mutual fund 6 months ago. My 401k really only had 1 option that wasn't US stocks and didn't offer World plus US. Now this is a riskier investment strategy as there will be more volatility as we are seeing these past 2 weeks. The US economy for all its faults and over reliance on tech is sheltered b/c the US economy is a net energy producer.
DXY is moving lower. Bought more $EWJ and $EWY. Bears will have to wait at least one more day for the oil rig zombie apocalypse : )
Buy $EWY and $DE next. I have the uncanny superpower to buy market tops. In all seriousness I'm in the process of moving to 20% $TLT, 20% $GLD, 20% $VT, and 20% $ACWX, 20% individual stocks/ETF mix. I was previously 50% $TLT, 25% $GLD, 25% in stocks. This volatility this week has everything out of whack thou & is very messy. I haven't started my 20% goal towards $VT since that cash is currently all over the place and I have all this cash from selling quite a bit of $TLT yesterday.
I'm bullish on Samsung and SK Hynix. The drop was a buying opportunity. And probably the only one anyone will ever get. I bought extra shares and sized up my EWY position.
My EWY average is 140 😭
Sorry to everybody who just bought EWY an hour ago.
LOL, Karma got me there 30 mins later : ) $EWJ is still up 1% but $EWY turned Red due to crude oil moving higher and DXY approaching 99.
I meant $EWJ. I will keep my mistake as I've been BTD on both. $EWJ is Japan and up over 2%. $EWY is up 1.7% and South Korea and I agree it is way more riskier. I've bought 2x more $EWJ over $EWY for that very reason.
$EWY +2.0% $SPY +0.47%. You gotta love owning those stocks from the Land of the Rising Sun. Or the DXY has just become weaker and inflation is moving higher. Gold is also up +2.5%, but everyone here is tired of hearing me brag about my gains in Gold so I'm gonna brag about my Japanese stock gains now. Keep buying those software stocks. They will eventually turn around just like AT&T did. It just might take a decade or so.
Yeh, if this $EWY trade works for me then it's bad for Japan's citizens just like the $SPY bullrun since 2009 has only benefited the asset owners in the USA. It's stealing from salary workers and giving to the asset land owners so to speak.
The last straw was 🥭 fucking up my EWY calls. Jan 6th round 2 incoming
Nikkei is up +3% this morning. So glad I didn't listen to the doomers and BTD on $EWY 1 hour after open this morning. Also BTD on $DE as it closed above its pre earnings pop of $592. Trust the charts.
Thanks for the bailout, Trump. $EWY and $EWJ just popped above my purchase price on every single dip I had bought every day since last Tuesday. I'm eating & drinking well tonight. I did trim and sold my top 25% in cost basis in each and took profits thou in case Trump is full of shit. You have to minimize some risk. Trump is the best stock trader President ever.
I'm here for the EWY log ride
I hope so. $EWY just turned Green and $EWJ is down less than -1%. I bought both at open b/c I love buying the fear. Most Asian indexes were down over 15% in a little over a week. Which is more likely? Nikkei is down another 15% on the same bad news or the $SPY catches up to Nikkei and is also down 15%?
South Korea ETFs. EWY or KORU if you live dangerously
It's too bad EWY and EWJ don't follow kospi and nikkei all that closely day to day. I do wish Samsung and SK Hynix had ADR's...
I’m glad I took the hit on my EWY calls last week and didn’t hang on. Fucking oof.
It’s like at a certain point you go down 5k 10k 30k unrealized but you’re holding MU, EWY, and AAOI and gotta just hold the bags. Takes away some of the fun in trading and taking profits but fuck man I’m not gonna lose money on these just because a 🥭 is trying to make everyone forget about Epstein.
Yes, they're practically the same. Only FLKR is .009 and EWY is .036...FOUR times the expense ratio. But, if that doesn't matter to you. No worries.
EWJV for Japan. EWY and FLKR for Korea. Bonus Japan: SSUMY (not an ETF)
I like EWY myself. Of course theyre both down now due to energy concerns. But will prolly buy EWY calls when everything looks to recover. Especially if the dollar starts to weaken again and oil comes down. Bullish on all the memory giants though my friend! The war has kinda trapped us in a range for now. Hopefully we don't lose the whole market
You watch the $DXY. Half of the gains in all the EW ETF or emergency markets was a bet against a strong dollar. The other half is gains was the move higher in the home indices such as Nikkei etc. Notice how all these EW ETF's like $EWY and $EWJ are now moving higher since we have seen a short term peak in Crude Oil and DXY is now below 89??
Yes. And those are down because they're heavily reliant on oil. A bit too much of a freakout imo, buy the dip on EWY.
Re-open the straight and EWY gonna rip
I will say EWY is only down 50 bps
My GSG calls and EWY puts salute you 🫡
EWY officially a meme stonk
Just took a look and SK Hynix is still at 15 P/E and 5 forward P/E after going up 400% in a year. That can't be right, can it? I should really full port EWY calls.
EWY back to 150 this month. yay or nay?
The numbers I provided latest disclosed from the underlying fund itself. Sure it will fluctuate some before rebalances can take place. In any case, EWY is down - therefore KORU is down by 3x the amount - I don't know how much more explanation is necessary. You can lookup each individual ticker and review their day's performance.
KORU tracks EWY which was down over 6% today, so the 3x takes you down to 18%. Samsung and SK Hynix are a little over 40% of the underlying - not over 50%.
ATM puts on EWJ and EWY
I’m struggling to understand this as well. KOSPI pumped green so hard today (last night in US) they had to temporarily halt trading. One of their biggest up days ever. Yet today EWY tanks
Tail wagging the dog. EWY is anticipating a crash tonight. EWY eventually follows KOSPI, but any particular day it can be ahead of it.
Looking at EWY and the KRW..Kospi is going to have a -10% day today isnt it lol.
GSG calls and EWY straddles keeping me green in this shitshow
Korea is asleep, what you doing EWY
Look at EWY. KOSPI was up \~10%, yet EWY is down >4% today!
Chances of EWY going back to 150 by end of month?=
EWY and SPY charts moving in sync now. 🤔
Hey WSB loser scoreboard watcher. Why don't you put up the YTD gains of the $GLD, $RSP, $EWY, $EWJ, $ACWX, $XLE vs $QQQ??? Why are all you losers looking at the same stocks in the same sector making lower highs & lower lows???
Who's the bear? WSB betting on $QQQ? Or the $RSP, $GLD, $CAT, $ACWX, $EWY peeps???
Check your 1 yr returns vs $GLD? or $ACWX? or $EWY or $EWJ? I think you tech bros don't know the dif b/w BTD above & below the 50 DMA. Bears are winning.
Long - $EWJ & $EWY. Hedge $GLD. BTD opportunity? $XLE once the shaky hands sell. $IGV after the next pullback and retail throws in the towel. Why is the WSB scoreboard all about 1 sector? That's not gonna work in a bear market. How do you sell your winners & rotate into the losers??
Keep this shit going. My EWY KDEF and assorted shit is gonna pump. I don't care if retard spastic US market bolls also make money. They will get theirs later.
No but my bleeding EWY positions might as well be Contracts end in 2028 for a reason right 😆🤣
$EWY was sold at beginning of month just like Gold last month. Short covering in bets against USD and margin calls. It was & still is the ultimate BTD. Buy what people don't want to sell but have to sell to cover margin calls.
EWY rugged yesterday so they could replace it with a magic carpet
My only bearish position is one SPY 3/6 670 put 😂 I'm also bagholding EWY calls, POET, LYSDY, and all types of other bullshit from here. Probably why I'm lashing out
Korean index just mooning 11% in one single day lmao. FUCK, I should've bought EWY.
Happened during American hours -7% EWY to +2% by close lol
Meanwhile EWY is flat or slightly negative after hours 🤣
Thoughts on which tech stocks for a tech lite investor to dip his toes in if he thinks this Kangaroo S&P might be heading for another rotation? Don't suggest $AAPL as I did BTD on $SONY last week. Also no chip stocks as I do own a large position in $EWY.
korea index top 2 holdings: Samsung Electronics Co 23.44% SK Hynix Inc 19.76% 2 stocks are like half of their index lol. And EWY is up like almost 200% on the 1 year chart.
Thinking of picking up some EWY. Thoughts? Need exposure to international markets
OTM EWY calls shittin money rn
Just took a look and realized the weekly PCR for EWY is at 9.5. WTF Most of the put OI is at the 142 strike.
Can someone school me on this? On Monday (Monday in the US, Tuesday in Korea) the KOSPI lost over 7%. The next day EWY was down over 10% and KORU was down more than 30%. Last night the KOSPI dropped 12%. I expected to wake up to an absolute blood bath of red for EWY & KORU today yet they are both bouncing very nicely. I know it’s a confluence of factors and people are buying in at these bargain prices but I thought they both were tied to the Korean market and would open at a severe loss due to the 12% KOSPI plunge last night.
I'm gonna need to learn either Japanese or Korean to spend all this Yen & Won I'm banking in this $EWY and $EWJ trade. I incorrectly started buying $TLT since Trump wanted lower rates & a weaker USD. But the man is such a narcissist that every move Trump has made has convinced J-Pow dig in his heels even deeper to NOT cut rates. Trump has succeeded and tanking the USD thou. Meanwhile the rest of the world is watching & repatriating those dollars back home or into Gold.
I was so happy thinking I'd buy into EWY at a nice entry price due to circuit breakers until I saw how much it's risen for the year.
Tomorrow u are getting fucked lmao, just watch EWY
I like Korea and Japan in general (tho I think it still has more dip to go) but I'm confused how the KOSPI is down so hard yet stuff like EWY/FLKR are up...how can Samsung/Hynix be so down today but ETFs are up when they're like 50% of the portfolio? I thought I was starting to get the hang of finance but that math ain't matching for me.
EWY dropped to 121 overnight and is back up to 134, total chais
It's looking like I might have hit a HR plowing 3 months salary into foreign stocks yesterday. $EWW and $EWJ have rebounded nicely only 1.5% down from Monday's close. $EWY looks like it's about to breakout as well. DXY just needs to stay below 99 for this trade to work. Buy the fear in Asian stocks worse day ever. BTD in ETF/stocks above their 50 DMA works differently than BTD in ETF/stocks below their 50 DMA.
Wtf is happening, even EWY recovered overnight
Short dated calls only lose money, but maybe EWY can get you right.
There is always that possibility. But when you are 50% in cash or boring $TLT you can always take a swing for the fence now & then. All world markets are also not the same. If you compare $ACWX vs $EWY on the 5 yr charts I could see why you might say the latter could've had a blow-off top. The former? Naw.
EWY Korea is practically green lmao after a 10% down day
Korea down -12% but EWY only down -2%. That’s crazy 🙏🙏🙏
Real and true but unfortunately I'm already jacked to the tits on sandisk with a smattering of EWY
That MF who bought all These unusual EWY puts on Friday before close that fucker made a FORTUNE
We need a EWY support group.
Of course, I bought EWY a few weeks ago. I’m retired and now need to decide if I should dump it.
EWY.. my boy. My beautiful boy, what did they do to you?
Is this the fucked by EWY thread? Can I join?
EWY bros, somebody must’ve prayed for y’all 🤣🤣
I have a chunk of EWY. Still up 8% after the drop. I have a trailing stop set so, if it goes much lower, I'll be out with a profit but I don't think it will get there. I'd like to keep it. Ironically, my EWT did hit the line and sell earlier today. Booked some profits so, no tears.
When war breaks out between major, important countries that could easily lead to prolonged and expanded war stock markets are hit. There doesn't have to be a reason why one stock that one person owns is affected for a mysterious reason. (I love and miss KORU but I love my stop loss more. And I'll be looking at EWY calls and hop back on the KPRU train when it starts up again. )
Was considering buying EWY yesterday; glad I didn't. Is this a great buying opportunity?
I bought EWY etf last week for the first time - that’s why it’s plummeting