ABD hisseleri, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131n a\u00e7\u0131k kalaca\u011f\u0131na dair haberler ve \u0130ran\u2019\u0131n **zenginle\u015ftirilmi\u015f uranyumdan** (n\u00fckleer yak\u0131t i\u00e7in safla\u015ft\u0131r\u0131lm\u0131\u015f uranyum) vazge\u00e7ece\u011fi iddialar\u0131 sonras\u0131 y\u00fckseldi. Ancak bu haberler seans kapan\u0131\u015f\u0131 sonras\u0131 yumu\u015fat\u0131ld\u0131; neyin ger\u00e7ekten \u00fczerinde anla\u015f\u0131ld\u0131\u011f\u0131 ya da duyuruldu\u011fu konusundaki netlik azald\u0131.<\/p>\n
Metin, H\u00fcrm\u00fcz\u2019den ge\u00e7en deniz ta\u015f\u0131mac\u0131l\u0131\u011f\u0131n\u0131 kimin kontrol etti\u011fi ve siyasi liderlerin piyasa fiyatlar\u0131n\u0131 etkileyen a\u00e7\u0131klamalarla alg\u0131y\u0131 y\u00f6nlendirmeye \u00e7al\u0131\u015f\u0131p \u00e7al\u0131\u015fmad\u0131\u011f\u0131n\u0131 sorguluyor. Ayr\u0131ca, ortada a\u00e7\u0131k taahh\u00fctler yokken \u201cuyumsuzluk\u201d su\u00e7lamalar\u0131n\u0131n g\u00fcndeme getirildi\u011fi ihtimalini de \u00f6ne \u00e7\u0131kar\u0131yor.<\/p>\n
Mesaj trafi\u011finin L\u00fcbnan\u2019da ate\u015fkes \u00e7abalar\u0131yla ba\u011flant\u0131l\u0131 olup olmad\u0131\u011f\u0131n\u0131 sorarken, sahadaki ko\u015fullara dair belirsizli\u011fe de dikkat \u00e7ekiyor. Bu durum, hafta sonunu jeopolitik geli\u015fmelere ve ileti\u015fim dilindeki de\u011fi\u015fimlere ba\u011fl\u0131 olumsuz s\u00fcrprizlere a\u00e7\u0131k b\u0131rak\u0131yor.<\/p>\n
Sava\u015f d\u00f6neminde ABD dolar\u0131n\u0131n, ge\u00e7mi\u015fteki \u201cg\u00fcvenli liman\u201d d\u00f6nemlerinde (risk art\u0131nca yat\u0131r\u0131mc\u0131n\u0131n y\u00f6neldi\u011fi para birimi) oldu\u011fu kadar g\u00fc\u00e7l\u00fc y\u00fckselmedi\u011fi ekleniyor. Hisseler toparlan\u0131rken dolar\u0131n da zay\u0131flamas\u0131, risk alg\u0131s\u0131nda farkl\u0131 bir tabloya i\u015faret ediyor.<\/p>\n
Bir \u201c\u00e7\u00f6k\u00fc\u015f\u201d olmad\u0131\u011f\u0131n\u0131, ancak hisselerin \u00e7ok h\u0131zl\u0131 ve fazla y\u00fckseldi\u011fini savunuyor. Kazan\u00e7lar\u0131n sindirilmesiyle kademeli bir zay\u0131flama bekliyor; orta vadede ana belirleyicinin \u015firket k\u00e2rl\u0131l\u0131klar\u0131 (bilan\u00e7o k\u00e2rlar\u0131) oldu\u011funu vurguluyor.<\/p>\n
H\u00fcrm\u00fcz Bo\u011faz\u0131 ve \u0130ran\u2019a ili\u015fkin iyimser man\u015fetler zay\u0131f g\u00f6r\u00fcn\u00fcyor; \u00f6zellikle de bu y\u0131l piyasadaki g\u00fc\u00e7l\u00fc y\u00fckseli\u015ften sonra. S&P 500\u2019\u00fcn ocaktan bu yana %8\u2019den fazla art\u0131p 6.100 seviyesine yakla\u015fmas\u0131, piyasan\u0131n fazla h\u0131zl\u0131 gitti\u011fi alg\u0131s\u0131n\u0131 g\u00fc\u00e7lendiriyor. Bu da, \u00f6n\u00fcm\u00fczdeki g\u00fcnlerde bu anlat\u0131lar test edilirken bir geri \u00e7ekilmeye a\u00e7\u0131k oldu\u011fumuzu g\u00f6steriyor.<\/p>\n
Hafta sonu, piyasan\u0131n \u015fu an yeterince fiyatlamad\u0131\u011f\u0131 \u00f6nemli bir jeopolitik risk ta\u015f\u0131yor. **CBOE Volatilite Endeksi (VIX)** (piyasada beklenen fiyat dalgalanmas\u0131n\u0131 g\u00f6steren \u201ckorku endeksi\u201d) 14 gibi d\u00fc\u015f\u00fck bir seviyede seyrediyor; oysa **Brent petrol vadeli i\u015flemleri** (ileri tarihli petrol al\u0131m-sat\u0131m s\u00f6zle\u015fmeleri) son bir haftada, sevkiyat hatlar\u0131na dair yeni endi\u015felerle %5 y\u00fckseldi. Bu kopukluk, **opsiyonlar** \u00fczerinden (belirli bir tarihe kadar belirli fiyattan alma\/satma hakk\u0131 veren s\u00f6zle\u015fmeler) d\u00fc\u015f\u00fck maliyetli oynakl\u0131k al\u0131m\u0131n\u0131n daha temkinli bir hamle olabilece\u011fini d\u00fc\u015f\u00fcnd\u00fcr\u00fcyor.<\/p>\n
ABD dolar\u0131n\u0131n son gerilimlerde al\u0131\u015f\u0131ld\u0131k \u201cg\u00fcvenli liman\u201d gibi davranmad\u0131\u011f\u0131 da not ediliyor. **Dolar Endeksi (DXY)** (dolar\u0131n ba\u015fl\u0131ca para birimlerine kar\u015f\u0131 de\u011ferini \u00f6l\u00e7en endeks) son bir ayda yakla\u015f\u0131k %2 geriledi; tansiyon y\u00fckselse de g\u00fc\u00e7lenmedi. Bu s\u0131ra d\u0131\u015f\u0131 davran\u0131\u015f, g\u00fc\u00e7l\u00fc dolar\u0131n hemen b\u00fcy\u00fck bir borsa d\u00fc\u015f\u00fc\u015f\u00fc sinyali verece\u011fi varsay\u0131m\u0131n\u0131 zay\u0131flat\u0131yor.<\/p>\n
Bu tabloda, \u00f6n\u00fcm\u00fczdeki birka\u00e7 hafta i\u00e7in a\u015fa\u011f\u0131 y\u00f6nl\u00fc koruma d\u00fc\u015f\u00fcn\u00fclmesi \u00f6neriliyor. May\u0131s vadeli S&P 500 (SPY) **put** (fiyat d\u00fc\u015f\u00fc\u015f\u00fcnden kazan\u00e7 sa\u011flayan sat\u0131\u015f hakk\u0131 veren opsiyon) almak veya **ay\u0131 y\u00f6nl\u00fc put bor\u00e7 spreadi** (daha y\u00fcksek fiyattan put al\u0131p daha d\u00fc\u015f\u00fck fiyattan put satarak maliyeti d\u00fc\u015f\u00fcren, riski s\u0131n\u0131rl\u0131 strateji) kurmak; olas\u0131 \u201cbasamak basamak\u201d d\u00fc\u015f\u00fc\u015ften faydalanmak i\u00e7in riski \u00f6nceden belli bir y\u00f6ntem sunar. Ama\u00e7, son kazan\u00e7lar\u0131 korumak veya k\u0131sa vadeli a\u015f\u0131r\u0131 iyimserli\u011fe kar\u015f\u0131 taktik bir pozisyon almakt\u0131r.<\/p>\n
Ancak a\u015f\u0131r\u0131 k\u00f6t\u00fcmser olmamak gerekir; \u00e7\u00fcnk\u00fc orta vadede g\u00fc\u00e7l\u00fc \u015firket k\u00e2rl\u0131l\u0131klar\u0131 ana destek olmaya devam ediyor. 2025\u2019te g\u00f6r\u00fcld\u00fc\u011f\u00fc gibi, iyi gelen bilan\u00e7o sonu\u00e7lar\u0131 piyasay\u0131 k\u00fc\u00e7\u00fck geri \u00e7ekilmelerden sonra yeniden toparlayabildi. Bu nedenle, **t\u00fcrev \u00fcr\u00fcn** (de\u011feri ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 s\u00f6zle\u015fmeler) \u00fczerinden al\u0131nan d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc pozisyonlar\u0131n muhtemelen k\u0131sa vadeli olmas\u0131 daha uygundur; \u00e7\u00fcnk\u00fc temel g\u00f6r\u00fcn\u00fcm kal\u0131c\u0131 bir \u00e7\u00f6k\u00fc\u015f\u00fc hen\u00fcz desteklemiyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
Borsada ralli ama perde arkas\u0131nda soru i\u015faretleri: H\u00fcrm\u00fcz ve \u0130ran man\u015fetleri yumu\u015fad\u0131, net taahh\u00fct yok. VIX 14\u2019te, petrol y\u00fckseliyor, dolar zay\u0131f; geri \u00e7ekilme riskine kar\u015f\u0131 put korunmas\u0131 g\u00fcndemde.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-44946","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=44946"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44946\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}