The post notes a global market correction with sharp falls in Asian indices and specific h
The post notes a global market correction with sharp falls in Asian indices and specific high-beta stocks like SOI and RKLB, warning that such moves are typically painful and that high-beta names may decline earlier but recover sooner.
“There's a global correction right now, no clue when it stops. Kospi is down -8.18% (Sk hynix/Samsung) Nikkei is down -4.8% TWSE Index is down -3.82% As you've seen with $SOI or $RKLB dropping 30-40%. From personal experience, high beta stocks get hit a lot harder, but usually frontrun index drops. And they typically recover earlier? Aside from Korea which is typically volatile, when major indexes start correcting 3-4% a day, usually not a fun time.”Original post:X / @aleabitoreddit ↗