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south korea chip stocks leveraged etf adjustments samsung sk hynix
🇰🇷⚡South Korea chip stocks affected by leveraged ETF adjustments Bloomberg Intelligence says 2x leveraged ETFs for Samsung and SK Hynix sold about $6 billion on Tuesday to reset their daily leverage. This selling made up around 14% of total trading volume for Samsung and SK Hynix shares. Even with heavy selling, net outflows from the $44 billion leveraged ETF market were just ~$1.7 million. Leveraged ETFs are forced to buy during market rises and sell during falls to keep 2x exposure, making market swings bigger. $SSNLF $SPY $QQQ $NVDA
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