Korea IBK Investment Securities: Maintain the strategy of staying in the stock market from June to July, a correction may follow

```htmlGolden Ten Data reported on May 11 that Lee Seung-hoon, Head of Research at Korea IBK Investment & Securities, stated that the current strong performance of semiconductor companies such as SK Hynix and Samsung Electronics reflects a significant increase in exports and profits. He pointed out that the boom in the first half of this year and the companies' profitability should be further reflected in stock prices. He noted that during the summer stock market rally from June to July, the strategy of operating within a favorable market environment remains effective. At that time, second quarter earnings expectations are expected to remain stable. However, after August, if the momentum of economic and earnings indicators starts to slow down, profit-taking may occur. Investors should be aware of a possible correction following the summer rally. The stock market tends to decline due to the US midterm elections, as investors try to avoid uncertainty; this was also observed prior to the US presidential election voting day on November 3.```