source avatarCoinNiel

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I made partial purchases of the TIGER U.S. Nasdaq-100 Target Daily Covered Call and the TIGER Dividend Covered Call Active ETF. The Nasdaq has declined 15% from its peak. This is a good timing for partial buying. I actually think further declines would be even better. The P/E ratios of Samsung Electronics and SK hynix are only about three times. This is extremely low. A P/E ratio of around 10 would be more normal. These are stocks of the companies that earned the most money in the world this year. I understand the concerns, but I believe the current sentiment is overly exaggerated. If the opportunity arises, I plan to make another partial purchase this week. $QQQ @Samsung @SKhynix @Nasdaq

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