Weekly Market Review — Week of June 22, 2026

Week in Review

S&P 500 fell 2.0% to 7,354. Nasdaq dropped 4.6% on its 5th straight losing session. Dow bucked the trend at +0.6%. The $1.4T AI semiconductor selloff dominated, triggered by Broadcom’s guidance miss and OpenAI pushing its IPO to 2027.

Portfolio Update

• ACN — 1 share @ $125.80, now $128.99 (+2.5%)
• TROW — 1 share @ $106.46, now $110.40 (+3.7%)
• YUMC — 3 shares @ $40.30, now $40.86 (+1.4%)
• Total unrealized P&L: +$8.81

Key Takeaways

The rotation out of AI/tech into defensive names is accelerating. Our value-screened holdings outperformed the broader market this week, exactly as the Graham methodology predicts during selloffs.

Full analysis at bihzuun.com