Jakub Rochlitz @TheDividendFund: "Today, we are seeing a..."

Slovakia

Today, we are seeing a typical market reaction to the Fed. The rate cut was priced in, so the fact itself did not move the market much. Expectations for further cuts by the Fed remain unchanged. What was not priced in, however, were the disappointing results of $ORCL (Oracle Corporation) and $AVGO (Broadcom Inc) this week. Both companies had extremely high expectations, and as expected, both were punished. Today, this weakness has spread to the rest of the market, but it was brought on by tech. $NVDA (NVIDIA Corporation), $AMD (Advanced Micro Devices Inc), $MU (Micron Technology, Inc.), $PLTR (Palantir Technologies Inc.), $ANET (Arista Networks Inc), $DELL (Dell Technologies Inc C), etc. are all down. I am glad that I sold our technology stocks in recent weeks and bought SaaS and construction companies. In my opinion, these are worth watching in 2026.