Fabio De Oliveira Vianna @fabiovianna89: "🌍 Market Update | Positioning..."

Portugal

🌍 Market Update | Positioning Through Uncertainty Markets continue to navigate a complex macro environment driven by geopolitics, rates, and election dynamics. The situation around the Strait of Hormuz remains a key risk factor for global energy markets. Any disruption here directly impacts oil supply chains and inflation expectations. At the same time, the political narrative around Trump and the upcoming election cycle is injecting volatility into equities, particularly in sectors sensitive to regulation, trade, and fiscal policy. 👉 In this environment, volatility = opportunity. At this moment we are rising almost 2%, and dropping less than entire market YTD. We’ve been actively deploying cash, increasing conviction positions and opening new ones where risk/reward is asymmetric. --- 💼 Portfolio Moves We added / initiated positions in: $ONON (On Holding AG) | $UL.US (Unilever PLC-ADR) | $MSTR (Strategy Inc) | $NKE (NIKE) --- 🟢 $ONON A high-growth premium brand in the athletic space. * Revenue growth still tracking ~20–25% YoY * Strong gross margins (~60%) showing pricing power * Expanding globally, especially in the US and Asia 📈 After a recent pullback (~30% from highs), valuation is becoming attractive for a brand still in early global penetration. 👉 We see ONON as a long-term compounder. --- 🟢 $UL.US A classic defensive play with improving fundamentals. * Organic sales growth stabilizing (~5–7%) * Margin expansion through cost discipline * Strong dividend yield (~3–4%) 🛡️ In a volatile macro environment, UL provides cash flow stability + pricing resilience. --- 🟢 $MSTR A leveraged play on Bitcoin with structural tailwinds. * Significant BTC holdings → acts as a beta amplifier * Increasing institutional adoption of crypto * Strong correlation to liquidity cycles 🚀 With potential easing cycles ahead, risk assets like BTC could benefit — MSTR gives us convex exposure. --- 🟢 $NKE A turnaround + global brand dominance story. * Temporary slowdown priced in * Inventory normalization improving margins * Digital + DTC strategy strengthening long-term growth 👟 Trading near multi-year lows, while still generating strong cash flow. 👉 We view this as a high-quality asset at a discounted price. --- ⚖️ Strategy Going Forward We remain: * Selectively risk-on * Focused on quality + growth at reasonable prices * Ready to deploy more capital if volatility persists 📊 The market is being driven by headlines — but long-term returns are driven by fundamentals + positioning. Stay disciplined. $NSDQ100 $SPX500 $BTC

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