The domestic stock market is writing new records, overcoming the massive external shock of the Middle East conflict. On the 21st, the KOSPI index continued its upward trend, setting a new all-time closing high. This is interpreted not as a mere technical rise, but as a result reflecting investors' trust in the solid fundamental strength of corporate earnings. Experts are noting the scale and sustainability of the earnings improvement, assessing it could be a signal flare for a long-term boom. This year, the domestic stock market's rate of increase is overwhelming major global markets. It has recorded figures significantly ahead of major country indices like Taiwan, Japan, and the US, standing out for two consecutive years. Analysis suggests that despite temporary geopolitical risks, the market quickly refocused on the intrinsic value of companies—their earnings—securing a rebound momentum. The recently announced improvement in first-quarter earnings of major companies appears to have actively stimulated investor sentiment. The sectors leading the market are also diversifying. While the semiconductor sector leads the gains, a simultaneous upward trend is appearing in various fields such as secondary batteries, construction, energy, and securities. This is interpreted as an indicator of a healthy recovery across the entire market, not growth concentrated in specific industries. Continued net buying by foreign investors is adding to the upward momentum, and the government's market revitalization policies and expectations for inclusion in global indices are also supporting optimistic outlooks. Major global investment banks are also successively raising their expectations for the domestic stock market. Several reports that have revised and presented existing target prices forecast that the earnings growth trend will expand beyond semiconductors to a wide range of industries. The prevailing assessment is that since the current price-to-earnings ratio remains low compared to historical highs, there is ample room for additional stock price increases as earnings growth gains full momentum. Experts particularly recommend paying attention to the three themes referred to as 'Itaewon' (a play on words for '2-Tae-Won'). This refers to stocks related to secondary batteries, solar power, and nuclear power, cited as next-generation growth engines. Advice suggests that even at the current point ahead of the earnings season, further securing stocks in these sectors showing earnings improvement could be an effective strategy. As a market opportunity of an unprecedented scale in history unfolds, it is evaluated as a time requiring a strategic approach from investors.