Sal\u0131 g\u00fcnk\u00fc d\u00fc\u015f\u00fc\u015fler, riskli varl\u0131klar\u0131n istikrar kazanmas\u0131yla geri al\u0131nd\u0131. Bu g\u00f6r\u00fcn\u00fcmde, Fed\u2019den gelen g\u00fcvercin yorumlar ve zay\u0131f bir ADP istihdam raporu etkili oldu. Tepkiye ABD hisseleri \u00f6nc\u00fcl\u00fck ederken alt\u0131n s\u0131n\u0131rl\u0131 y\u00fckseldi; petrol fiyatlar\u0131 ve oynakl\u0131k geriledi. Tahvil getirilerindeki \u00f6nceki s\u0131\u00e7rama da yat\u0131\u015ft\u0131; hareketin 2022\u2019de g\u00f6r\u00fclen dalgalanmalara k\u0131yasla daha s\u0131n\u0131rl\u0131 oldu\u011fu vurgulansa da tahvil piyasas\u0131na ili\u015fkin endi\u015feler ortadan kalkm\u0131\u015f de\u011fil.<\/p>\n
Fed\u2019in mesajlar\u0131nda g\u00f6r\u00fclen de\u011fi\u015fim, dolar\u0131n \u00f6nceki g\u00fcc\u00fcn\u00fc de kesti. John Williams\u2019\u0131n a\u00e7\u0131klamalar\u0131, faiz hassasiyeti y\u00fcksek ABD k\u00fc\u00e7\u00fck \u00f6l\u00e7ekli \u015firket hisselerini desteklerken dolar\u0131n yen kar\u015f\u0131s\u0131nda geri \u00e7ekilmesine yol a\u00e7t\u0131. ADP\u2019deki daha yumu\u015fak tablo ton de\u011fi\u015fimini peki\u015ftirdi. \u015eimdi g\u00f6zler, i\u015fg\u00fcc\u00fc piyasas\u0131na ili\u015fkin sinyalin teyidi i\u00e7in Cuma g\u00fcnk\u00fc tar\u0131m d\u0131\u015f\u0131 istihdam verisine \u00e7evrildi.<\/p>\n
Fed yetkililerinden gelen g\u00fcvercin a\u00e7\u0131klamalar ve zay\u0131f \u00f6zel sekt\u00f6r bordro verileri, d\u00fcnk\u00fc sert sat\u0131\u015f\u0131n ard\u0131ndan h\u0131zl\u0131 bir geri d\u00f6n\u00fc\u015f\u00fc tetikledi ve riskli varl\u0131klara yeniden soluk ald\u0131rd\u0131. Bununla birlikte, eyl\u00fcl ay\u0131n\u0131n tarihsel olarak hisse senetleri a\u00e7\u0131s\u0131ndan y\u0131l\u0131n en zay\u0131f ay\u0131 oldu\u011funu unutmamak gerekir; S&P 500, 1950\u2019den bu yana ortalama yakla\u015f\u0131k %1,2 d\u00fc\u015f\u00fc\u015f kaydediyor. T\u00fcrev i\u015flem yat\u0131r\u0131mc\u0131lar\u0131 bu ani s\u0131\u00e7ramay\u0131 kal\u0131c\u0131 bir \u201cye\u015fil \u0131\u015f\u0131k\u201d olarak okumamal\u0131.<\/p>\n
CBOE Oynakl\u0131k Endeksi\u2019nin (VIX) haftan\u0131n ba\u015f\u0131ndaki zirveden geri \u00e7ekilmesiyle opsiyon primleri ucuzluyor ve bu da taktik pozisyonlanma i\u00e7in uygun bir pencere sunuyor. Yat\u0131r\u0131mc\u0131lar\u0131n, olas\u0131 yeni a\u015fa\u011f\u0131 y\u00f6nl\u00fc risklere kar\u015f\u0131 korunmak amac\u0131yla maj\u00f6r endekslerde koruyucu put al\u0131m\u0131n\u0131 veya bear put spread stratejilerini de\u011ferlendirmesini \u00f6neriyoruz. Bu yakla\u015f\u0131m, eyl\u00fcl\u00fcn ilerleyen g\u00fcnlerinde tipik olarak zirve yapan \u201cokula d\u00f6n\u00fc\u015f\u201d d\u00f6nemi oynakl\u0131\u011f\u0131na kar\u015f\u0131 portf\u00f6yleri korur.<\/p>\n
Faiz beklentilerindeki de\u011fi\u015fimin bask\u0131lad\u0131\u011f\u0131 dolar\u0131n so\u011fumas\u0131, Japon yeni i\u00e7in de yeniden destekleyici bir zemin olu\u015fturdu. USD\/JPY paritesinin Cuma g\u00fcnk\u00fc tar\u0131m d\u0131\u015f\u0131 istihdam verisine y\u00fcksek duyarl\u0131l\u0131\u011f\u0131n\u0131 korumas\u0131n\u0131 bekliyoruz; bu nedenle k\u0131sa vadeli straddle veya strangle opsiyon stratejileri, olas\u0131 k\u0131r\u0131lmay\u0131 yakalamak a\u00e7\u0131s\u0131ndan cazip g\u00f6r\u00fcn\u00fcyor. Yat\u0131r\u0131mc\u0131lar 10 y\u0131ll\u0131k ABD tahvil getirisini yak\u0131ndan izlemeli; son dalgalanma, tahvil piyasas\u0131ndaki istikrars\u0131zl\u0131\u011f\u0131n hen\u00fcz bitmedi\u011fine i\u015faret ediyor.<\/p>\n
Alt\u0131n\u0131n, petrol fiyatlar\u0131 d\u00fc\u015ferken yeniden g\u00fc\u00e7 kazanmas\u0131, piyasan\u0131n yap\u0131\u015fkan enflasyondan ziyade yava\u015flayan ekonomik aktiviteyi fiyatlamaya ba\u015flad\u0131\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnd\u00fcr\u00fcyor. Yakla\u015fan istihdam verileri yukar\u0131 y\u00f6nl\u00fc s\u00fcrpriz yaparsa a\u015fa\u011f\u0131 y\u00f6nl\u00fc riski s\u0131n\u0131rlarken bu defansif momentuma e\u015flik etmek i\u00e7in alt\u0131nda al\u0131m (call) opsiyonlar\u0131n\u0131n kullan\u0131lmas\u0131n\u0131 \u00f6neriyoruz. Tarihsel olarak, i\u015fg\u00fcc\u00fc piyasas\u0131n\u0131n so\u011fudu\u011fu ve dolar\u0131n zay\u0131flad\u0131\u011f\u0131 d\u00f6nemlerde alt\u0131n di\u011fer varl\u0131klara k\u0131yasla daha iyi performans g\u00f6sterme e\u011filimindedir.<\/p>\n\n\n\n
Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":" Piyasada sert sat\u0131\u015f sonras\u0131 h\u0131zl\u0131 toparlanma: Fed\u2019in g\u00fcvercin mesajlar\u0131 ve zay\u0131f ADP risk i\u015ftah\u0131n\u0131 canland\u0131rd\u0131. Dolar geriledi, VIX d\u00fc\u015ft\u00fc; \u015fimdi kritik veri Cuma tar\u0131m d\u0131\u015f\u0131 istihdam.<\/p>\n","protected":false},"author":87,"featured_media":50012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-53569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t