Buying the Fear: Long KORU and BEG Into the Fed

I opened two new leveraged positions: 500 shares of KORU at $14.40 and 500 shares of BEG at $23.60. That puts approximately $7,200 into KORU and $11,800 into BEG, for a total initial investment of $19,000.

Both trades are built around the same basic idea: the selling has become extreme, sentiment has deteriorated quickly, and I believe the risk-reward now favors a sharp rebound.

KORU has endured a terrible stretch, with several punishing sessions taking much of the optimism out of the South Korean equity trade. Because KORU targets three times the daily performance of its underlying Korean index, the decline has been especially violent. That leverage cuts both ways, but after such an aggressive washout, it can also produce a powerful move if Korean equities stabilize.

BEG is an even more concentrated bet. It targets twice the daily performance of Bloom Energy, which has fallen nearly 50% from its highs. Bloom remains highly volatile and controversial, but the long-term demand for reliable, quickly deployable power—particularly from data centers and AI infrastructure—has not disappeared because the stock suffered a brutal correction. I am betting that the market has moved too far, too fast.

The immediate risk is the Federal Reserve. There are growing whispers that a rate hike could be coming, whether at this meeting or later in the year. A hawkish surprise could pressure speculative and leveraged positions like these.

I am holding through the Fed anyway.

This is not a low-risk portfolio decision, and I am not treating either position like a traditional long-term holding. These are tactical, leveraged trades built around washed-out conditions and the potential for a meaningful rebound. Volatility is part of the setup—not an unexpected complication.

The market may punish me before rewarding me, but after this much damage, I would rather establish my positions now than chase both trades after the rebound has already begun.

Disclosure: Long 500 shares of KORU at $14.40 and 500 shares of BEG at $23.60. These are speculative, leveraged positions and are not financial advice.