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

$RMS (-1,61%) 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 (-1,61%) , $MC (-1,85%) or would it be $KER (-2,62%) ?

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

What do you do in such a situation, for example the company $RMS (-1,61%) 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

$RMS (-1,61%) ouch, but the figures were all right...

After much deliberation, I snapped up 5 Hermes shares today and added them to my portfolio!

In my opinion, Hermes has something that LVMH doesn't have: pricing power! Similar to Ferrari, if you want the product, you pay the price, no matter how high! I think LVMH has lost this advantage in recent years!

You can also see the difference when you go into the boutiques! LVMH, a lot of young people who want a taste of luxury and at Hermes, the reserved, really wealthy people! But as I said, just my opinion!

Also, Hermes has corrected almost 40% from its ATH, rare to get a stock like that at that price!

Best regards

March was a very weak month on the markets. The Iran war kept global stock markets on tenterhooks - rising oil prices, accelerated inflation and a massive risk-off move across almost all asset classes. The DAX lost over 10%, the Nasdaq slipped into correction mode and even broadly diversified world ETFs fell significantly.

Despite the difficult environment, my portfolio remained comparatively stable and outperformed all major benchmarks:

📊 Monthly performance: -3,69%

📊 Portfolio value: ~38.367 €

📊 Performance
max. (06.01.2022): +24,98%

📊 Performance
YTD: -2,80%

Performance & comparison 🚀

March was characterized by a broad sell-off, triggered by the escalation in the Middle East, rising oil prices and the associated reassessment of inflation expectations. The ECB kept the deposit rate at 2.00%, but signaled increased uncertainty - rate cut fantasies are off the table for now.

Performance in comparison (01.03-31.03.2026):

My portfolio: -3,69%

NASDAQ 100: -6,70%

S&P 500: -3,88%

DAX: -10,27%

FTSE All-World: -5,42%

👉 The portfolio performed significantly better than all benchmark indices in an extremely weak market environment. Particularly striking: the DAX lost over 10% - driven by the direct impact of rising energy costs on European industrial stocks. The global diversification and focus on quality in the portfolio clearly paid off in this environment.

Purchases, sales & allocation 💶

No purchases or sales were made in March.

👉 In an environment of war, rising oil prices and increased volatility, the conscious decision not to carry out any transactions was part of the strategy.

The existing allocation reflects the conviction - panic selling or frantic buying in times of maximum uncertainty are not part of the approach. Cash is held ready for potential opportunities in the event of further weakness.

Top movers in March 🟢

Despite the weak overall market, individual positions showed significant strength.

The strongest performer was Cloudflare ($NET (+1,08%)) with +22.68% and a gain of +€339.97 - the share benefited massively from the AI edge infrastructure fantasy and strong Q4 figures with 33.6% revenue growth. CEO Matthew Prince is positioning Cloudflare as a central platform for the "Agentic Internet", which is going down well with investors. Also BYD ($1211 (+3,81%)) also impressed with +15.01% (+€212.72) and once again showed relative strength in the EV sector, followed by CrowdStrike ($CRWD (-1,29%)) with +9.47% (+€108.12), which recovered significantly after the previous month's weak performance.

Datadog ($DDOG (+0,36%)) gained +7.82% (+47.22€), while Bitcoin ($BTC (-0,49%)) showed a moderate recovery with +4.00% (+€37.26). Mercado
Libre ($MELI (-1,06%)) rounded off the list of winners with +1.95% (+€12.50) - also a rebound after the weak February with -17.33%.

Flop movers in March 🔴

The weaker side of the portfolio was broadly diversified across various sectors and reflected geopolitical pressure.

American
Lithium ($AMLI) corrected the most with -31.11% (-128.90€) - the commodity sector is under pressure from falling lithium spot prices and weak demand forecasts from China. Hermès Hermès ($RMS (-1,61%)) also came under pressure at -18.09% (€-0.54) - although the position was only established in February as a quality stock, Luxury is currently suffering from the general risk-off sentiment.

Siemens ($SIE (-2,59%)) lost -16.75% (-€135.26) - as an export-oriented industrial stock directly affected by rising energy costs and the uncertainty caused by the Middle East conflict. Keyence ($6861 (-0,46%)) lost -16.43% (-€105.85) - a significant setback after the strong February rebound of +16.21%. IREN ($IREN (-4,4%)) continued the negative trend with -14.54% (-110.45€), already the second weak month in a row after -24.10% in February. The VanEck Uranium and Nuclear ETF ($NLR (-2,15%)) rounded off the list of losers with -13.46% (-150.21€).

👉 Striking:

The setback at Keyence and Hermès shows how quickly relative strength can be lost again in volatile markets. Fundamentally, however, nothing has changed for most positions - the corrections are primarily driven by sentiment and macro factors, not by operational weakness.

Conclusion 💡

March was a stress test for the entire portfolio, but the relative outperformance against all benchmarks confirms the strategic orientation:

➡️ No panic selling - maintain discipline in the allocation

➡️ Relative strength against NASDAQ 100 (-6.70%), S&P 500 (-3.88%), DAX (-10.27%) and FTSE All-World (-5.42%)

➡️ Individual stocks such as Cloudflare (+22.68%) and BYD (+15.01%) as stabilizers in the portfolio

The environment remains challenging:

The Iran conflict, rising oil prices and the associated inflation risks will continue to shape the markets in April. The ECB has raised its inflation forecast for 2026 to 2.60% - interest rate cuts are a distant prospect. The focus remains on qualityglobal diversification and patience. In phases of maximum uncertainty, the wheat is separated from the chaff.

❓ Question for the community

Which stock surprised you the most in March - positively or negatively?

👇 Write it in the comments!

➡️ Follow @Derspekulant1 for transparent portfolio updates! 🔗 Link in bio: Getquin & Parqet Portfolio

🗞️ Newsletter: derspekulant.beehiiv.com

Hello to the GQ community ✌️

My first post after being kicked about 4 weeks ago - who would have thought that solidarity towards one of the members (@Klein-Anleger ) would lead to a ban so quickly? But the goodwill of getquin was so BIG (and above all "on trial") that they graciously let me back into the holy grail of the GQ community 😉

So guys, learn from my mistakes: the goodwill here is not an Infinite Money glitch ! Save your solidarity, reduce your commitment to other members to zero and the most important thing 🚨: No surreptitious advertising for alternative financial platforms like "Cisdord" 😉😂.

Sorry, the side blow after 4 weeks of abstinence had to be 🤝

so joking aside...

⏳The first three months of 2026 have passed. Time for a brief interim summary of the current status of my reconstruction.

Before I started rebuilding the portfolio, I naturally thought about what strategy I wanted to pursue in the coming months and years - especially with regard to stock selection and weighting.

To be honest, my original plan was to keep a portfolio with a maximum of 20 shares. In the course of time, however, I realized that it will probably not stay at 20 stocks, but that the number is more likely to increase to around 30 positions (+/-).

♟️Mein Focus & my strategy:

In a nutshell: The clear focus is on growth 🚀. Dividends tend to play a subordinate role. Here I show you my shopping list and what my portfolio should look like in the future. The stocks I have already bought are marked with a green tick and without a tick, I'm still waiting ⏳

🤖TECH:

• AMAZON $AMZN (-1,78%) ✅
• MICROSOFT $MSFT (-2,99%) ✅
• CROWDSTRIKE $CRWD (-1,29%) ✅
• SYNOPSYS $SNPS (-0,85%) ✅
• INTUIT $INTU (-1,65%) ✅
• CONSTELLATION SOFTWARE $CSU (+0,82%) ✅
• SERVICENOW $NOW (-2,66%) ✅
• ALPHABET $GOOGL (+6,29%)
• NVIDIA $NVDA (-1,79%)
• ASML $ASML (+0,45%)
• MONOLITHIC POWER SYSTEMS $MPWR (+0,98%)
• ARISTA NETWORKS $ANET (+2,8%)
• KEYENCE $6861 (-0,46%) ✅
• TSMC $TSM (-0,6%)
• MARUWA $5344 (+0,26%)
• LASERTEC CORP $6920 (+0,86%)
• NETCOMPANY $NETC (-1,49%) ✅

🏦💸FINANCE:

• SOFI TECHNOLGIES $SOFI (-15,47%) ✅
• S&P GLOBAL $SPGI (-0,42%) ✅
• VISA $V (+2,61%) ✅
• MUNICH RE $MUV2 (-2,9%) ✅
• GERMAN EXCHANGE $DB1 (-1,07%) ✅
• PARTNERS GROUP $PGHN (-4,89%) ✅
• BROOKFIELD CORP $BN (-2,58%) ✅
• HOULIHAN LOKEY $HLI (-1,87%) ✅
• BROADRIDGE $BR (+1,77%) ✅
• CBOE GLOBAL MARKETS $CBOE (+0,77%)

🏥🩻HEALTHCARE:

• NOVO NORDISK $NOVO B (-2,28%) ✅
• INTUITIVE SURGICAL $ISRG (-2,03%)
• STRYKER $SYK (-1,33%)
• BOSTON $BSX (-2,2%)
• CATALYST PHARM $CPRX (-3,78%)

🏭🏗️INDUSTRIE & REST:

• WASTE MANAGEMENT $WM (+0,79%) ✅
• GRAB HOLDINGS $GRAB (-1,01%) ✅
• CINTAS $CTAS (+0,05%) ✅
• MonotaRO $3064 ✅
• ITOCHU $8001 (+0,24%) ✅
• HERMES $RMS (-1,61%) ✅
• MERCADOLIBRE $MELI (-1,06%) ✅

------------------------

this is my extended watchlist:

IN TECH:

RAMBUS $RMBS (+2,94%) , QNITY ELECTRONICS $Q (+2,55%) ,

INNODATA $INOD (-4,85%) , NETFLIX $NFLX (+0,1%) ,

VERTIV $VRT (-0,49%) , PALANTIR $PLTR (-2,84%) , VAT GROUP $VACN (+4,04%) , BROADCOM $AVGO (+2,44%) , AMADEUS IT $AMS (-2,09%) , DISCO CORP $6146 (+0,5%) , A10 NETWORKS $ATEN (-4,87%)

FINANCE:

APOLLO GLOBAL $APO (-0,73%) / BLACKSTONE $BX (-1,06%) , ALLIANZ $ALV (-1,9%) , FIRSTCASH $FCFS (+1,07%) , BLACKROCK $BLK (-0,87%) SKYWARD SPECIALITY INSURANCE $SKWD , VERISK ANALYTICS $VRSK (+8,03%) PRIMERICA $PRI (+0%) , ERIE INDEMNITY $ERIE (-4,07%)

HEALTHCARE:

MERIT MEDICAL SYSTEMS $MMSI (-2,64%) , REGENERON PHARM $REGN (-6,79%) , UFP TECHNOLOGIES $UFPT (-4,59%) , COLLEGIUM PHARM $COLL (+1,4%) , LIGAND PHARM $LGND (-3,02%) , HOYA CORP $7741 (-0,42%) , SHIONOGI $4507 (-0,01%) , IRADIMED $IRMD (-0,69%)

REST:

MISUMI GROUP $9962 (-0,57%) , KANEMATSU $8020 (+0%) , APPLIED INDUSTRIAL TECH $AIT (-1,24%) , BADGER METER $BMI (+1,09%) , CEMENT ROADSTONE HOLDING $CRH (-0,55%) , KADANT $KAI (-0,76%) , INTERTEK GROUP $ITRK (+4,01%) , IDEX CORP $IEX (+6,16%) , ORLA MINING

This is not yet my final stock selection/watchlist. Of course, there can always be changes, for example if the @Tenbagger2024 continues to present such undiscovered gems 🙏🏽🧐

------------------------

What should the sector/country weighting look like?

Let's start with the "desired"

🌍country weighting:

🇺🇸🇨🇦USA ~60%

🇪🇺EUROPA ~20%

🇯🇵JAPAN/ASIA ~15%

Rest ~5%

Sector weighting should be as follows:

💻TECHNOLOGY: ~30-35%

💸FINANCE: ~ 20-25%

HEALTHCARE: ~ 10-15%

🏭INDUSTRY: ~ 10-15%

REST: ~ 5-10%

So, what has happened since the beginning of the year?

Of course there were no sales 😬

There have been a few purchases where I have a finger in the pie.

JANUARY PURCHASES

$INTU (-1,65%)
$GRAB (-1,01%)
$NOW (-2,66%)
$MSFT (-2,99%)

FEBRUARY PURCHASES

$NOW (-2,66%)
$INTU (-1,65%)
$SPGI (-0,42%)
$SNPS (-0,85%)
$CSU (+0,82%)
$SOFI (-15,47%)
$CRWD (-1,29%)

MARCH PURCHASES

$MUV2 (-2,9%)
$3064
$8001 (+0,24%)
$6861 (-0,46%)
$DB1 (-1,07%)
$V (+2,61%)
$HLI (-1,87%)
$MSFT (-2,99%)
$CTAS (+0,05%)
$MELI (-1,06%)
$BN (-2,58%)
$PGHN (-4,89%)
$BR (+1,77%)

Due to the global political situation - especially because of this 🍊 in the White House, whose tweets cause more tsunamis 🌊than real natural disasters - and the current drawdown in the S&P 500 (which is very convenient for me right now and gives me a lot of pleasure 🤩), I am accordingly under water💦🫧 with some of my purchases so far.

but hey, we're investing for the long term, aren't we? So easy going, all relaxed 🥱 I will most likely not make any more purchases in the next few days or weeks, park my cash position elsewhere or put it in overnight money and wait and see which zone the market settles in or wait for it to stabilize.

What do you have on your watchlist?

Are you currently waiting or how are you dealing with the current situation?

@Get_Rich_or_Die_Tryin
@Tenbagger2024
@Max095 and of course all other members

Ok, that's enough now 😂

that's it from me for now ✌️

your stock master

$RMS (-1,61%) I would love to get my hands on this now, but I don't have any cash to hand.

It is currently at a very strong support zone, let's see if it holds.

Historically, Hermes looks cheap.

I would say it is one of the best companies in Europe.