Monday Director General: Inevitable Fate

Friday night’s Trump comments sent the Nasdaq sharply lower.

Even if martial law breaks out in Seoul, the U.S. stock market is in the offing. However, the U.S. news is shaking our stock market. Falling U.S. stock markets on Friday affects Korean stock markets on Monday. The benchmark KOSPI index KORU fell 9.7 percent overnight. When the market opens Monday, no one knows whether it will rebound or continue to decline after the gap falls. It is more difficult to invest in Korean stocks because it cannot respond when the U.S. market is open.

Foreign Futures: Freedom of Response

“Foreign futures are open for 23 hours. U.S. stocks are not traded during the day (weekly trading has not been conducted for a year).” “Season may respond as soon as bad news breaks out. This is the advantage of overseas futures.”

Bitcoin Futures: Stock Hedge Measures

What if there’s bad news on the weekend when you have Nasdaq technology stocks? The market is closed and you can’t sell it. At this time, you can hedge by taking a short position with Bitcoin futures. Bitcoin has a high correlation with Nasdaq. Even during the deep shock, Bitcoin fell about 6% first on Sunday, and Nasdaq fell gap on Monday. When you can’t sell your stock over the weekend, you can take a short position in Bitcoin to avoid risk.

KOSPI is not correlated with Nasdaq or Bitcoin. That is why it is difficult to hedge bad news at night and bad news at weekends with coins.

It’s impossible to lose money without cash. Even if bad news breaks out on the night weekend, you can’t get a coin short position if you have cash. So cash is like insurance money to protect me from a crisis.