Beklentilerin \u00fczerindeki ABD istihdam raporu, para politikas\u0131na ili\u015fkin piyasa fiyatlamas\u0131n\u0131 s\u0131f\u0131rlad\u0131 ve riskli varl\u0131klar \u00fczerinde bask\u0131 yaratt\u0131. Eyl\u00fcl ay\u0131nda faiz art\u0131\u015f\u0131 olas\u0131l\u0131\u011f\u0131 %60\u2019a y\u00fckseldi; bu oran \u00fc\u00e7te ikinin alt\u0131nda kalsa da hisse senetleri ve kripto \u00fczerinde bask\u0131 olu\u015fturmak i\u00e7in yeterliydi. \u0130lk sat\u0131\u015f dalgas\u0131 genel \u00e7apl\u0131yd\u0131, ancak liderlik dinamikleri d\u00fczensizdi; daha y\u00fcksek Hazine tahvil getirilerine ra\u011fmen teknoloji hisseleri Cuma g\u00fcn\u00fc g\u00f6rece g\u00fc\u00e7l\u00fc kald\u0131.<\/p>\n\n
Odak, man\u015fet veriden ziyade piyasa geneline yay\u0131lan g\u00fc\u00e7 (market breadth) ve varl\u0131k s\u0131n\u0131flar\u0131 aras\u0131 tepkilere kayd\u0131. \u0130\u015fg\u00fcc\u00fc piyasas\u0131 \u201cistikrarl\u0131\u201d olarak tan\u0131mlan\u0131rken, saatlik kazan\u00e7lar\u0131n g\u00fc\u00e7l\u00fc seyrini korudu\u011fu belirtildi. Daha y\u00fcksek enerji fiyatlar\u0131n\u0131n ekonomiye yans\u0131yarak enflasyon risklerini g\u00fcndemde tuttu\u011fu ve Fed\u2019in s\u0131k\u0131la\u015fma motivasyonunu g\u00fc\u00e7lendirdi\u011fi de\u011ferlendirildi. \u0130\u015flemlerde ES ve BTC\u2019nin NQ\u2019ya k\u0131yasla daha kolay geri \u00e7ekildi\u011fi, alt\u0131n\u0131n ise erken saatlerdeki d\u00fc\u015f\u00fc\u015f\u00fcn\u00fc ilk saatin \u00f6tesine ta\u015f\u0131yamad\u0131\u011f\u0131; Russell 2000\u2019in \u00c7ar\u015famba g\u00fcn\u00fcnden bu yana diren\u00e7li seyretti\u011fi ifade edildi.<\/p>\n\n
A\u011fustos istihdam raporunda b\u00fcy\u00fck bir s\u00fcrpriz g\u00f6rd\u00fck: ekonomi, piyasa beklentisi olan 145.000\u2019e kar\u015f\u0131l\u0131k 215.000 ile g\u00fc\u00e7l\u00fc bir istihdam art\u0131\u015f\u0131 kaydetti. Bu ani i\u015fg\u00fcc\u00fc g\u00fcc\u00fc, Eyl\u00fcl ay\u0131nda Fed\u2019in faiz art\u0131\u015f\u0131 olas\u0131l\u0131\u011f\u0131n\u0131 %60\u2019a ta\u015f\u0131d\u0131; hafta ba\u015f\u0131na g\u00f6re belirgin bir y\u00fckseli\u015f. T\u00fcrev piyasas\u0131 i\u015flemcilerinin, \u00f6n\u00fcm\u00fczdeki haftalarda \u00e7ok daha s\u0131k\u0131 bir para politikas\u0131n\u0131 fiyatlayan piyasa ko\u015fullar\u0131na h\u0131zla uyum sa\u011flamas\u0131 gerekiyor.<\/p>\n\n
Jeopolitik kaynakl\u0131 tanker politikalar\u0131ndaki s\u0131k\u0131la\u015fma nedeniyle WTI ham petrol yeniden varil ba\u015f\u0131na 85 dolara t\u0131rman\u0131rken, enerji kaynakl\u0131 enflasyon kal\u0131c\u0131 (sticky) bir ger\u00e7ekli\u011fe d\u00f6n\u00fc\u015f\u00fcyor. Y\u00fckselen akaryak\u0131t maliyetlerinin ekonomiye yay\u0131lmas\u0131n\u0131 ve Federal Rezerv\u2019in faiz art\u0131r\u0131m\u0131 konusunda y\u00fcksek motivasyonunu korumas\u0131n\u0131 bekliyoruz. Yat\u0131r\u0131mc\u0131lar, daha kal\u0131c\u0131 enflasyon bask\u0131lar\u0131na kar\u015f\u0131 opsiyonlar\u0131 kullanarak hedge stratejileriyle haz\u0131rl\u0131k yapmal\u0131.<\/p>\n\n
Dikkat \u00e7ekici bi\u00e7imde Russell 2000 endeksi, son birka\u00e7 i\u015flem seans\u0131nda Hazine tahvil getirileri sert y\u00fckselmesine ra\u011fmen a\u015fa\u011f\u0131 k\u0131r\u0131lmay\u0131 reddederek g\u00fc\u00e7l\u00fc bir diren\u00e7 sergiledi. Buna kar\u015f\u0131l\u0131k S&P 500 vadeli kontratlar\u0131 ve Bitcoin en sert darbeyi al\u0131rken, Nasdaq liderli\u011fi \u00fcstlenip pozisyonunu korumay\u0131 ba\u015fard\u0131. \u00d6n\u00fcm\u00fczdeki haftalarda, geni\u015f endekslerde k\u0131sa pozisyonlar yerine k\u00fc\u00e7\u00fck \u00f6l\u00e7ekli hisseler (small-cap) ve teknoloji taraf\u0131ndaki g\u00f6reli g\u00fcc\u00fcn tercih edilmesini \u00f6neriyoruz.<\/p>\n\n
Alt\u0131n da Cuma g\u00fcn\u00fc a\u00e7\u0131\u011fa sat\u0131\u015f taraf\u0131nda zorlay\u0131c\u0131yd\u0131; ilk d\u00fc\u015f\u00fc\u015f h\u0131zl\u0131 bi\u00e7imde al\u0131c\u0131 buldu ve fiyatlar dengelendi. De\u011ferli metallerde \u015fu a\u015famada agresif short pozisyonlar\u0131n pe\u015finden ko\u015fulmas\u0131n\u0131 \u00f6nermiyoruz; zira diren\u00e7li bir korunma arac\u0131 gibi davran\u0131yorlar. Bunun yerine, diren\u00e7li sekt\u00f6rler ile k\u0131r\u0131lgan olanlar aras\u0131ndaki belirgin ayr\u0131\u015fmadan yararlanan taktiksel spread i\u015flemleri \u00fczerinde yo\u011funla\u015f\u0131lmal\u0131.<\/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":" ABD\u2019de g\u00fc\u00e7l\u00fc istihdam, Fed fiyatlamas\u0131n\u0131 s\u0131f\u0131rlad\u0131: Eyl\u00fcl\u2019de faiz art\u0131\u015f\u0131 olas\u0131l\u0131\u011f\u0131 %60. Riskli varl\u0131klar bask\u0131da; ES ve BTC zay\u0131f, Nasdaq g\u00f6rece g\u00fc\u00e7l\u00fc. Enerji-enflasyon riski art\u0131yor, hedging \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":49987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-53690","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