EWY - iShares MSCI South Korea ETF

Nick points out that the South Korean stock market has outperformed the U.S. by about five times this year, signaling broader international opportunities, but he does not explicitly say he owns it.

Tepper added 1% to his South Korea ETF exposure, keeping a play on the memory bottleneck through Samsung and SK Hynix.

Tepper added 50% more to his South Korea ETF. Korean index has skyrocketed from 55 to nearly 200 as earnings revisions surge, driven by the memory chip bottleneck benefiting Samsung and SK Hynix.

Tepper added 50% more to his South Korea ETF position. The Korean index has skyrocketed from 55 to nearly 200 as earnings revisions surge due to the memory bottleneck benefiting Samsung and SK Hynix.

EWY has pulled back 13.5% from highs with big support at 154-155. If it pulls back to the trend line, it could be a dip buy opportunity. Samsung and SK Hynix make up 52% of holdings.

Shown on chart as one of the better performing markets over the past couple of years, outperforming the US.