ABD hisselerinde dokuz g\u00fcnl\u00fck y\u00fckseli\u015f serisi sona erdi; daha y\u00fcksek petrol fiyatlar\u0131, \u015fahin Fed fiyatlamas\u0131 ve olumsuz yapay zek\u00e2 haberleri risk i\u015ftah\u0131n\u0131 bask\u0131lad\u0131. S&P 500 %0,74 gerilerken NASDAQ %0,89 d\u00fc\u015ft\u00fc; e\u015fit a\u011f\u0131rl\u0131kl\u0131 S&P 500\u2019\u00fcn %0,42\u2019lik kayb\u0131, hareketin dar bir gruba de\u011fil daha genele yay\u0131lan bir d\u00fczeltmeye i\u015faret etti. Broadcom\u2019un yapay zek\u00e2 \u00e7ip geliri g\u00f6r\u00fcn\u00fcm\u00fc beklentilerin alt\u0131nda kald\u0131; hisse senedi seans sonras\u0131 i\u015flemlerde %13\u2019\u00fcn \u00fczerinde d\u00fc\u015ferek sekt\u00f6re ek bask\u0131 getirdi.<\/p>\n
Piyasa liderli\u011fi de zay\u0131flad\u0131: \u201cMuhte\u015fem 7\u2019li\u201d %1,25 d\u00fc\u015ferek genel endeksleri a\u015fa\u011f\u0131 \u00e7ekerken, Philadelphia Yar\u0131 \u0130letken endeksi %1,39 y\u00fckselerek yeni bir rekora \u00e7\u0131kt\u0131. Avrupa hisseleri genelinde d\u00fc\u015f\u00fc\u015f g\u00f6r\u00fcld\u00fc: STOXX 600 %0,66 geriledi; DAX %1,31, CAC 40 %0,71 d\u00fc\u015ferken, FTSE MIB %1,07 de\u011fer kaybetti. Asya endeksleri ve Bitcoin de gerileyerek k\u00fcresel hisse piyasalar\u0131nda riskten ka\u00e7\u0131\u015f e\u011filimini derinle\u015ftirdi.<\/p>\n
ABD hisselerindeki dokuz g\u00fcnl\u00fck y\u00fckseli\u015f serisinin bitmesiyle birlikte piyasa duyarl\u0131l\u0131\u011f\u0131nda belirgin bir de\u011fi\u015fim g\u00f6r\u00fcyoruz. \u015eahin faiz beklentileri ile hayal k\u0131r\u0131kl\u0131\u011f\u0131 yaratan yapay zek\u00e2 gelir \u00f6ng\u00f6r\u00fcs\u00fcn\u00fcn birle\u015fimi temkinli bir havay\u0131 beraberinde getirdi. VIX\u2019in %15\u2019in \u00fczerinde s\u0131\u00e7rayarak d\u00fcn 16,5 seviyesinde kapanmas\u0131, yat\u0131r\u0131mc\u0131lar\u0131n \u00f6n\u00fcm\u00fczdeki haftalara d\u00f6n\u00fck aktif bi\u00e7imde korunma al\u0131m\u0131 yapt\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n
Muhte\u015fem 7\u2019linin zay\u0131f performans\u0131 temel bir endi\u015fe kayna\u011f\u0131; zira bu hisseler bu y\u0131l piyasa kazan\u00e7lar\u0131n\u0131n \u00f6nemli b\u00f6l\u00fcm\u00fcn\u00fc s\u00fcr\u00fckledi. Nasdaq 100 ETF\u2019i (QQQ) \u00fczerindeki put\/call oran\u0131 1,3\u2019e y\u00fckseldi ve bu seviye, piyasan\u0131n Nisan 2026 sonlar\u0131nda dalgaland\u0131\u011f\u0131 d\u00f6nemden bu yana en y\u00fcksek d\u00fczey. Bu tablo, a\u015f\u0131r\u0131 y\u00fckselmi\u015f b\u00fcy\u00fck \u00f6l\u00e7ekli teknoloji hisselerinde put al\u0131m\u0131 ya da uzun pozisyonlar\u0131 hedge etmek i\u00e7in paran\u0131n d\u0131\u015f\u0131nda (out-of-the-money) call sat\u0131\u015f\u0131 gibi defansif bir duru\u015fun de\u011ferlendirilmesi gerekti\u011fine i\u015faret ediyor.<\/p>\n
\u00d6nemli bir yapay zek\u00e2 oyuncusunun \u00f6ng\u00f6r\u00fcs\u00fc geri \u00e7ekilmeye yol a\u00e7arken, daha geni\u015f yar\u0131 iletken endeksinin yeni rekor k\u0131rmas\u0131 daha n\u00fcansl\u0131 bir tablo sunuyor. Bu durum, teknoloji sekt\u00f6r\u00fc i\u00e7inde tamamen \u00e7\u0131k\u0131\u015ftan ziyade bir rotasyona i\u015faret edebilir. SOXX ETF\u2019inde uzun pozisyon al\u0131p, \u00f6nemli \u00f6l\u00e7\u00fcde y\u00fckselmi\u015f ve de\u011ferlemesi y\u00fcksek belirli yapay zek\u00e2 yaz\u0131l\u0131m hisselerinde k\u0131sa pozisyonla dengeleme gibi \u201cpair trade\u201d stratejilerinde f\u0131rsatlar olabilece\u011fini d\u00fc\u015f\u00fcn\u00fcyoruz.<\/p>\n
Makro zemin de daha az destekleyici hale geliyor: WTI ham petrol\u00fcn varil ba\u015f\u0131na 85 dolar\u0131n \u00fczerine \u00e7\u0131kmas\u0131 enflasyon endi\u015felerini art\u0131r\u0131yor. 18 Haziran\u2019daki bir sonraki FOMC toplant\u0131s\u0131na yaln\u0131zca iki hafta kala, fed funds vadeli i\u015flemleri Eyl\u00fcl \u00f6ncesinde faiz indirimi ihtimalini %20\u2019nin alt\u0131na fiyatl\u0131yor. Bu arka plan, \u201cuzun s\u00fcre y\u00fcksek faiz\u201d g\u00f6r\u00fcn\u00fcm\u00fcn\u00fcn hisse de\u011ferlemelerini muhtemelen s\u0131n\u0131rlayaca\u011f\u0131 d\u00fc\u015f\u00fcncesiyle ihtiyatl\u0131 duru\u015fun korunmas\u0131n\u0131 hakl\u0131 k\u0131l\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"
Wall Street\u2019te alarm: 9 g\u00fcnl\u00fck ralli bitti. Petrol 85$ \u00fcst\u00fc, \u015fahin Fed fiyatlamas\u0131 ve Broadcom\u2019un zay\u0131f yapay zek\u00e2 g\u00f6r\u00fcn\u00fcm\u00fc S&P 500\/Nasdaq\u2019\u0131 d\u00fc\u015f\u00fcrd\u00fc; VIX s\u0131\u00e7rad\u0131, k\u00fcreselde riskten ka\u00e7\u0131\u015f h\u0131zland\u0131.<\/p>\n","protected":false},"author":87,"featured_media":47678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49411","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/49411","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=49411"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/49411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47678"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=49411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=49411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=49411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}