Hello,

I'd like to add Alphabet C and Hermes to my portfolio. Given today's minor pullback, do you think it's a good time to make an initial investment?

This is intended as a long-term investment for at least 25 years in my core-satellite portfolio.

$GOOG (-1,3 %)
$RMS (-2,9 %)

Hello,

I have a question for you, or rather, I need your advice regarding my core-satellite portfolio.

I’d like to restructure my portfolio. I want to reallocate the weightings and replace SAP.

I’m thinking of a 60/40 weighting.

It should be held for at least 25 years, and dividends aren’t a must since I use up my tax-free allowance every year anyway.

I’ll invest €30,000 to start and contribute €240 monthly to the two ETFs.

I’m thinking of using the Vanguard FTSE All World as the core.

The satellites should be the Amundi Semiconductor ETF, Amazon, Alphabet C, Stryker, Visa, Hannover Re, Hermes, and Rolls-Royce (employee stock).

What do you think?

$VWRL (-1,69 %)
$AMZN (-0,99 %)
$GOOG (-1,3 %)
$V (+0,14 %)
$SYK (+0,51 %)
$CHIP (-5,24 %)
$RR. (-1,56 %)
$RMS (-2,9 %)
$HNR1 (-0,8 %)

May was dominated by strong figures and a massive rally in the tech and cloud sector. While April was still characterized by a general recovery, excellent quarterly figures and the unbroken AI boom continued to fuel the markets in May. The Nasdaq in particular benefited greatly from this and reached new highs. Even though volatility was noticeable in isolated cases, investors made strong gains in growth stocks.

My portfolio was able to take advantage of this strong momentum and achieve an outstanding performance, but was narrowly beaten by the extremely strong performance of the Nasdaq 100:

📊 Monthly performance: +9,33%

📊 Portfolio value: ~43.345 €

📊 Performance max. (06.01.2022): +43,84%

📊 Performance YTD: ~+10,44%

Performance & comparison 🚀

Performance in May was exceptionally strong, driven by my high weighting in US tech stocks. While European indices such as the DAX made rather moderate gains, US stocks dominated the action. My portfolio did extremely well with a whopping gain of over 8 % and clearly outperformed the broad market.

Performance in comparison (01.05.-31.05.2026):

My portfolio: +9,33%

NASDAQ 100: +11,20%

S&P 500: +6,47%

FTSE All-World: +5,93%

DAX: +3,27%

Buying, selling & allocation 💶

In the month of May, € 300.00 flowed into the MSCI ACWI USD (Acc)
$ACWI and € 50.00 in the MSCI World Small Cap
$WSML (-1,52 %). In addition, smaller savings plan tranches were invested in Solaria Energia
$SLR (-1,69 %) (150,30 €), Rheinmetall $RHM (+0,89 %) (14,00 €), Ferrari
$RACE (-1,42 %) (€6.00) and Hermes
$RMS (-2,9 %) (€ 3.01) were invested.

Top movers in May 🟢

The list of winners in May is led by outstanding developments in the cloud and cybersecurity sector - an absolute feast for tech investors.

The absolute frontrunner was $SNOW (+0,25 %) with a veritable price explosion of +83,65% (+€ 527.53), closely followed by $DDOG (-0,1 %) with +82,71% (+592,11 €). Both values showed incredible momentum. Also $CRWD (-0,34 %) was convincing across the board and delivered a strong +66,91% (+€ 930.15), which was the biggest gain in the portfolio in absolute terms. $IREN (-4,46 %) continued its strong trend and recorded a further +40,45% (+344,17 €). The outstanding tech performance was rounded off by $NET (-0,16 %) with a solid +13,60% (+€ 257.29), while Keyence also $6861 (-4,09 %) with +12,08% (+€83.94) also developed extremely positively.

Flop movers in May 🔴

Despite the generally extremely strong sentiment, there were also some stocks that consolidated or showed weakness in May.

American Lithium was the worst performer, falling by -13,16% (-46.03 €), still unable to find a bottom in the current market environment. With $1211 (-3,14 %) the minus of -12,13% (€ -190.62) was due to falling EV sales and the ongoing price war in China. $NU (-1,34 %) After the strong previous months, the share price fell by -8,90% (-99.30 €) after the strong previous months. Also $TEM (-2,39 %) also recorded a slight setback of -8,49% (-7.90 €), similar to $BABA (-2,83 %) with -5,15% (-40,59 €). $RHM (+0,89 %) also lost ground and lost -4,60% (-77.14 €), indicating further profit-taking in the defense sector.

Conclusion 💡

May was an outstanding month that impressively demonstrated how much a targeted positioning in the tech and cloud sector can pay off.

❓ Question for the community

This was my month in numbers, what was your best buy in May? Which stock surprised you the most?

👇 Write it in the comments!

➡️ Follow @codeandcapital for transparent portfolio updates!

🔗 Link in bio: Wikifolio, Getquin & Parqet Portfolio

🗞️ Newsletter: codeandcapitalquant.beehiiv.com

I have now thrown out over 15 positions. These are now things from two portfolios . This is now being done continuously with a savings plan. Further expanded everything.

Some now say that there are still a lot of stocks but there are two portfolios to emphasize extra. I used to have a lot of overlaps in the luxury sector or banks and I have now only focused on two things. $RMS (-2,9 %) instead of $MC (+0,18 %) or also $V (+0,14 %) instead of $AXP (-0,67 %) of course the tech stocks which are also all in the ETF. But I think I have now found a good compromise for me or which stocks would you throw out now?

April was the month of the big recovery. After March was extremely affected by the geopolitical tensions in the Middle East, optimism returned to the markets in April. The feared escalation failed to materialize, oil prices stabilized at a high level and investors took advantage of the lower prices to make a massive re-entry - especially in the tech sector, which catapulted the Nasdaq to new record highs.

My portfolio benefited from this positive sentiment, but lagged behind the massive rally of the benchmarks:

📊 Monthly performance: +6,59%

📊 Portfolio value: ~40.121 €

📊 Performance max (06.01.2022): +35,47%

📊 Performance YTD: ~+4,03%

Performance & comparison 🚀

The recovery in April was impressive, but almost felt "too fast". While the US markets were boosted by strong big tech figures, European stocks were stable but less dynamic. The ECB stuck to its cautious course, which dampened volatility somewhat.

Performance in comparison (01.04.-30.04.2026):

• My portfolio: +6.59 %

• NASDAQ 100: +16.50 %

• S&P 500: +9.50 %

• FTSE All-World: +8.74 %

• DAX: +6.88 %

Buying, selling & allocation 💶

No investments were made in April.

👉 After the high volatility in the previous month, I kept my feet still. The strategy continues to be "watch and hold".

Top movers in April 🟢

The list of winners in April is led by stocks that were still underperforming in March - a classic rebound.

The absolute frontrunner was $IREN (-4,46 %) with an increase of +31.02% (+€201.45), which benefited massively from the stabilization in the crypto-mining sector. This was closely followed by $6861 (-4,09 %) with +29.08% (+€156.56) - an impressive return to relative strength after the severe setback in March. Also $SIE (-1,85 %) was also able to shine with +22.78 % (+€153.07), as concerns about exploding energy costs in the industry have eased for the time being. American Lithium corrected the previous month's losses with a gain of +22.58 % (+€ 64.45), while $TEM (-2,39 %) with +21.08 % (+€ 16.21) and $2330 +16.32 % (€ +61.10) underpinned the strength in the semiconductor and AI segment.

Flop movers in April 🔴

Despite the generally positive sentiment, there were also stocks in April that didn't get off the ground or even fell.

The strongest correction $SNOW (+0,25 %) which continued the negative trend with -9.97% (-€69.87) - the market believes that there are probably opportunities for disruption through AI. Also $RHM (+0,89 %) also lost ground after the rally of recent months, shedding -6.14% (-€109.66) as profit-taking dominated the defense sector. $1211 (-3,14 %) fell again somewhat after the strong performance in March (-3.56%, -€58.01), and also $BRK.B (+0,38 %) was rather flat at -1.19% (-€37.58). Almost ironic: $RMS (-2,9 %) (+0.09 %) and the Xtrackers Overnight ETF (+0.15 %) ended up in the "flop" ranking, simply because they simply missed out on the double-digit rally of the overall market.

Conclusion 💡

April was a balm for the soul of every investor, even if my portfolio was unable to fully participate in the benchmark rally.

❓ Question for the community

This was my month in numbers, what was your best buy in April? Which stock surprised you the most?

👇 Write it in the comments!

➡️ Follow @derspekulant.1 for transparent portfolio updates!

🔗 Link in Bio: Getquin & Parqet Portfolio

🗞️ Newsletter: derspekulant.beehiiv.com

Even if the share is not doing so well at the moment, you are still happy about the money

$RMS (-2,9 %) so that looks like more than just a bounce to me.

Here you can see the relative strength of the company in my opinion. Apparently there is enough interest on the buyer side.

Oh and as I was stoned for saying yesterday, Hermes is buying at the drawdown around 1550€ yesterday because it was just an irrational sell-off for such a quality.

Today I am analyzing three major luxury goods stocks following weak quarterly figures: Hermès, LVMH and Kering. All three shares have recently come under heavy pressure.

👜 Hermès analysis

Hermès reported sales growth of just 1.4%. Adjusted for currency effects, growth amounted to 5.6%; 7.1% had been expected. The regional picture was mixed: Asia +2%; USA +17% and therefore very strong.

The share fell by 15% at times and is now trading around 27.5% below fair value. At the same time, it is around 48% below its all-time high.

The range between EUR 1,350 and EUR 1,650 appears interesting from a technical perspective.

👠 Kering analysis Kering published a profit warning for the first half of the year of -40 to -45%. Gucci, which contributes around 45% to sales and is particularly weak in Asia, remains a particular burden.

The share is trading only slightly below fair value, while the fundamentals have clearly deteriorated in recent years. I believe a further decline of around 20% towards EUR 190 is possible.

💼 LVMH analysis LVMH reported the seventh consecutive quarter of declining sales in the key Fashion & Leather Goods segment; most recently -2%. Although the jewelry segment grew by 7%, it only accounts for around 12% of sales.

LVMH has a broad regional base: Asia, Europe and the USA each contribute around 25%. However, no region is currently providing clear growth impetus. On the chart, the share is just above EUR 440. A further decline of up to 25% remains possible.

The 10-year comparison:

• Hermès +120%
• LVMH +10%
• Kering -60%

⚠️ Conclusion Hermès looks the most exciting after the setback. LVMH remains neutral, while Kering continues to present the weakest fundamental picture. What would be your favorite in the current environment? $RMS (-2,9 %) , $MC (+0,18 %) or would it be $KER (-0,64 %) ?

https://www.youtube.com/watch?v=gO5tzq1dBCA

What do you do in such a situation, for example the company $RMS (-2,9 %) has a strong moat, I plan to keep it for years anyway, but at the moment it just looks like shit🙈

where would you pull a ripcord because at the moment it just looks like it's going downhill all the time