Noura El Allam @nouraellm: "Portfolio Update | June 16,..."

Belgium

Portfolio Update | June 16, 2026 Rally takes a breather today as markets pause ahead of the Fed decision tomorrow. Futures flat to slightly lower with all eyes on the first policy meeting under new Fed chair Kevin Warsh. No rate change expected but the dot plot and press conference are the real focus, with markets watching whether policymakers pencil in a hike later this year. $NFLX (Netflix, Inc.) at $77.98 (-4.52%) the biggest drag today and the position that needs the most attention. The stock is now down 12% in 2026 and sitting well below the $115 price target reiterated by Evercore ISI this week. The World Cup catalyst hasn't materialised in the stock yet. $AVGO (Broadcom Inc) at $380.46 (-3.42%) giving back some of yesterday's gains as the post-earnings reset lingers. $NVDA (NVIDIA Corporation) at $209.53 (-1.37%) despite announcing a $25 billion bond offering, its first since 2021, signalling confidence in its capital position. $GOOG (Alphabet) at $369.34 (+0.61%) and $SAP (SAP SE ADR) at €143.06 (+0.46%) holding firm. $CVS (CVS Health Corp) at $100.26 (-0.42%) essentially flat, staying comfortably above $100. $CEM at €15.45 (-3.38%), thin liquidity as usual. Fed tomorrow is the key event. A clean hold with no hawkish surprises could give tech the green light to push higher into the weekend.

Not investment advice. The author may have financial interests in the mentioned instruments.