Massimiliano Spallanzani @TradingInvest890: "April 2026 Update The last few..."

Italy

April 2026 Update The last few weeks have been intense. The S&P 500 closed Q1 at -7.3%, its worst quarter since 2022, driven primarily by the US-Iran conflict and Strait of Hormuz disruption. Markets staged a sharp rally on March 31 on ceasefire hopes, only to give back part of those gains as uncertainty returned. Oil above $110, the VIX at 24, and the Fear & Greed Index deep into Extreme Fear territory — the picture is clear: we are navigating a period of elevated risk. Tariff policy continues to shift as well. New metals tariffs took effect this week, adding another layer of complexity. The Fed held rates steady in March, and inflation remains above target. There is no shortage of reasons to be cautious. On my side, I have slightly increased my exposure to Asian markets. $1810.HK (Xiaomi Corp) (Xiaomi) continues to be part of this thesis, and I opened a small initial position in $BABA (Alibaba-ADR) (Alibaba) — a first step, keeping the allocation low for now as I monitor how the situation evolves. Valuations in Asia look attractive compared to the US, the semiconductor cycle remains strong, and structural reforms across the region are creating long-term opportunities. For the rest, my portfolio — including $MC.PA (LVMH Moet Hennessy Louis Vuitton SA), $AMZN (Amazon.com Inc), $GOOGL (Alphabet Inc Class A), $AAPL (Apple), $MSFT (Microsoft), $IBM (International Business Machines Corporation (IBM)) and $DOGE — remains unchanged. Liquidity stays high. In moments like these, patience is a form of strategy. Downtrends can become entry opportunities — but timing and discipline matter. Thank you to all my copiers for your continued trust. Stay focused, stay informed. Happy investing!

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