{"id":5184,"date":"2025-11-17T07:49:46","date_gmt":"2025-11-17T07:49:46","guid":{"rendered":"https:\/\/www.investaz.com.tr\/blog\/?p=5184"},"modified":"2025-11-26T06:43:20","modified_gmt":"2025-11-26T06:43:20","slug":"yil-sonu-rallisi-20-kasimdan-sonra-masaya-nasil-oturmali","status":"publish","type":"post","link":"https:\/\/www.investaz.com.tr\/blog\/yil-sonu-rallisi-20-kasimdan-sonra-masaya-nasil-oturmali\/","title":{"rendered":"Y\u0131l sonu rallisi: 20 Kas\u0131m\u2019dan sonra masaya nas\u0131l oturmal\u0131?"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-rich is-provider-spotify wp-block-embed-spotify\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Spotify Embed: Y\u0131l Sonu Rallisi\" style=\"border-radius: 12px\" width=\"100%\" height=\"152\" frameborder=\"0\" allowfullscreen allow=\"autoplay; clipboard-write; encrypted-media; fullscreen; picture-in-picture\" loading=\"lazy\" src=\"https:\/\/open.spotify.com\/embed\/episode\/74Vdk3u0j9MLTtZmrUwDTS?si=df86f75c5b36439f&#038;utm_source=oembed\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Borsa takvime bakmaz deriz ama rakamlar ba\u015fka \u015fey s\u00f6yl\u00fcyor. Hem d\u00fcnyada hem T\u00fcrkiye\u2019de <strong>Kas\u0131m sonu\u2013Aral\u0131k d\u00f6nemi<\/strong>, tarihsel olarak hisse senetleri i\u00e7in di\u011fer aylara g\u00f6re daha pozitif bir e\u011filim ta\u015f\u0131m\u0131\u015f durumda. \u00d6zellikle Kas\u0131m\u2019\u0131n ikinci yar\u0131s\u0131ndan itibaren, \u201cy\u0131l sonu rallisi\u201d diye kodlad\u0131\u011f\u0131m\u0131z, fon y\u00f6neticilerinin portf\u00f6ylerini makyajlad\u0131\u011f\u0131, bireysel yat\u0131r\u0131mc\u0131lar\u0131n da yeniden risk ald\u0131\u011f\u0131 bir pencere \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n\n\n\n<p>Bu y\u0131l tabloya bakt\u0131\u011f\u0131m\u0131zda, <strong>20 Kas\u0131m 2025 sonras\u0131<\/strong> i\u00e7in b\u00f6yle bir hareketin zemini daha da g\u00fc\u00e7lenmi\u015f durumda:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>T\u00fcrkiye\u2019de enflasyon e\u011frisi zirveden a\u015fa\u011f\u0131 do\u011fru d\u00f6nmeye ba\u015flad\u0131; Ekim\u2019de y\u0131ll\u0131k T\u00dcFE %32,87\u2019ye gerileyerek beklentiden daha iyi geldi.<\/li>\n\n\n\n<li>BIST 100, Kas\u0131m ortas\u0131na kadar 10.600 civar\u0131na gerileyerek, y\u0131l i\u00e7i kazan\u00e7lar\u0131n\u0131n \u00f6nemli k\u0131sm\u0131n\u0131 d\u00fczeltmi\u015f durumda; yani \u201cpahal\u0131 piyasa\u201d arg\u00fcman\u0131 eskisi kadar g\u00fc\u00e7l\u00fc de\u011fil.<\/li>\n\n\n\n<li>Avrupa cephesinde 19\u201320 Kas\u0131m\u2019daki ECB toplant\u0131lar\u0131 sonras\u0131nda, para politikas\u0131nda \u201cbekle-g\u00f6r\u201d \u00e7izgisi korunurken, ek bir s\u0131k\u0131la\u015fma bask\u0131s\u0131 g\u00fcndemde de\u011fil.<\/li>\n<\/ul>\n\n\n\n<p>Bu ko\u015fullar\u0131 \u00fcst \u00fcste koydu\u011fumuzda, <strong>20 Kas\u0131m itibar\u0131yla y\u0131l sonu rallisinin ba\u015flamas\u0131<\/strong> sadece \u201csezonluk bir hik\u00e2ye\u201d de\u011fil; ayn\u0131 zamanda makro veri, fiyatlama ve duyarl\u0131l\u0131k taraf\u0131nda da destek bulan rasyonel bir senaryo.<\/p>\n\n\n\n<p>A\u015fa\u011f\u0131da hem tarih penceresini, hem \u00f6ne \u00e7\u0131kabilecek sekt\u00f6rleri, hem de <strong>nas\u0131l pozisyon al\u0131nmas\u0131 gerekti\u011fini<\/strong> ba\u015fl\u0131klar alt\u0131nda toplad\u0131k.<\/p>\n\n\n\n<p><strong>1. Zamanlama: Neden 20 Kas\u0131m sonras\u0131?<\/strong><\/p>\n\n\n\n<p>Y\u0131l sonu rallisi kavram\u0131, k\u00fcresel literat\u00fcrde \u201cSanta Claus Rally\u201d ba\u015fl\u0131\u011f\u0131 alt\u0131nda s\u0131k\u00e7a tart\u0131\u015f\u0131l\u0131yor. ABD piyasalar\u0131nda \u00f6zellikle Kas\u0131m sonu\u2013Aral\u0131k d\u00f6neminde ortalama getirilerin tarihsel olarak pozitif ayr\u0131\u015ft\u0131\u011f\u0131, \u00e7ok say\u0131da \u00e7al\u0131\u015fma ve sezonluk analizde g\u00f6sterilmi\u015f durumda.<\/p>\n\n\n\n<p>T\u00fcrkiye cephesinde de BIST 100\u2019\u00fcn mevsimsellik analizlerinde, <strong>Kas\u0131m ve Aral\u0131k aylar\u0131n\u0131n<\/strong> uzun d\u00f6nem ortalamas\u0131nda g\u00f6rece daha iyi performans verdi\u011fi, \u00f6zellikle k\u00f6t\u00fc ge\u00e7en bir y\u0131l\u0131n son iki ay\u0131nda \u201ctelafi rallileri\u201dnin daha s\u0131k g\u00f6r\u00fcld\u00fc\u011f\u00fc biliniyor.<\/p>\n\n\n\n<p>2025 \u00f6zelinde 20 Kas\u0131m sonras\u0131 i\u00e7in \u00f6nemli olan noktalar:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Enflasyon e\u011frisinde d\u00f6n\u00fcm:<\/strong> T\u00dc\u0130K verilerine g\u00f6re y\u0131ll\u0131k T\u00dcFE, Haziran\u2019daki %35,05 seviyesinden Ekim\u2019de %32,87\u2019ye kadar gev\u015femi\u015f durumda. Bu, \u201cen k\u00f6t\u00fc enflasyon geride kald\u0131 m\u0131?\u201d sorusunu masaya koyuyor.<\/li>\n\n\n\n<li><strong>Faiz taraf\u0131nda yeni denge:<\/strong> TCMB, Ekim ay\u0131nda politika faizini 100 baz puan indirerek %39,5\u2019e \u00e7ekti; ancak ileti\u015fim tonunu \u201ctemkinli\u201d tutarak, bundan sonraki ad\u0131mlar\u0131n veri odakl\u0131 olaca\u011f\u0131n\u0131 vurgulad\u0131.<\/li>\n\n\n\n<li><strong>ECB takvimi:<\/strong> 19 Kas\u0131m\u2019daki ECB Y\u00f6netim Konseyi toplant\u0131s\u0131 ve 20 Kas\u0131m\u2019daki Genel Konsey toplant\u0131s\u0131ndan sonra, y\u0131l sonuna kadar ek b\u00fcy\u00fck bir politika s\u00fcrprizi beklenmiyor; bu da k\u00fcresel risk i\u015ftah\u0131 i\u00e7in n\u00f6tr\u2013hafif destekleyici bir fon olu\u015fturuyor.<\/li>\n\n\n\n<li><strong>BIST\u2019te d\u00fczeltme sonras\u0131 seviyeler:<\/strong> BIST 100, Kas\u0131m ortas\u0131nda 10.600 civar\u0131na gerileyerek, son aylardaki y\u00fckseli\u015fin hat\u0131r\u0131 say\u0131l\u0131r bir k\u0131sm\u0131n\u0131 geri vermi\u015f durumda.<\/li>\n<\/ul>\n\n\n\n<p>\u00d6zetle, <strong>20 Kas\u0131m sonras\u0131<\/strong> d\u00f6nemi \u015f\u00f6yle okuyabiliriz:<\/p>\n\n\n\n<p>\u201cEnflasyon yukar\u0131dan a\u015fa\u011f\u0131 do\u011fru e\u011filiyor, faiz zirve\u2013plateau b\u00f6lgesinde, endeks ise d\u00fczeltme g\u00f6rm\u00fc\u015f ve ucuzluk hik\u00e2yesi yeniden konu\u015fulur h\u00e2le gelmi\u015f. Bu, y\u0131l sonu rallisi i\u00e7in \u00fc\u00e7l\u00fc kombinasyon.\u201d<\/p>\n\n\n\n<p><strong>2. Hangi sekt\u00f6rler \u00f6ne \u00e7\u0131kabilir?<\/strong><\/p>\n\n\n\n<p><strong>2.1 Bankac\u0131l\u0131k \u2013 \u201cFaiz patikas\u0131n\u0131n aynas\u0131\u201d<\/strong><\/p>\n\n\n\n<p><strong>Neden \u00f6ne \u00e7\u0131kabilir?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Enflasyondaki kademeli gev\u015feme ve politika faizinde zirveye yak\u0131n bir bantta kal\u0131nmas\u0131, bankalar i\u00e7in hem net faiz marj\u0131 g\u00f6r\u00fcn\u00fcrl\u00fc\u011f\u00fc sa\u011flar, hem de kredi b\u00fcy\u00fcmesi a\u00e7\u0131s\u0131ndan \u00f6n\u00fcn\u00fc g\u00f6rebildikleri bir d\u00f6nem yarat\u0131r.<\/li>\n\n\n\n<li>BIST bankac\u0131l\u0131k endeksinde y\u0131l i\u00e7inde g\u00f6r\u00fclen sert dalgalanma, son d\u00f6nemde de\u011ferleme \u00e7arpanlar\u0131n\u0131 tekrar cazip seviyelere \u00e7ekmi\u015f durumda.<\/li>\n<\/ul>\n\n\n\n<p><strong>Ralli dinami\u011fi:<\/strong><br>Y\u0131l sonu rallileri, d\u00fcnyada genellikle <strong>finans ve enerji<\/strong> gibi d\u00f6ng\u00fcsel sekt\u00f6rleri \u00f6ne \u00e7\u0131karma e\u011filiminde. T\u00fcrkiye\u2019de de g\u00fc\u00e7l\u00fc bir y\u0131l sonu hareketinde bankalar\u0131n lokomotif olmas\u0131 \u015fa\u015f\u0131rt\u0131c\u0131 olmaz.<\/p>\n\n\n\n<p><strong>2.2 Enerji &amp; Rafineri \u2013 \u201cMarj + man\u015fet kombinasyonu\u201d<\/strong><\/p>\n\n\n\n<p><strong>Neden \u00f6ne \u00e7\u0131kabilir?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>K\u00fcresel tahminlerde y\u0131l sonuna kadar petrol fiyatlar\u0131n\u0131n \u201ca\u015f\u0131r\u0131 u\u00e7lardan\u201d uzak, orta bantta kalaca\u011f\u0131 \u00f6ng\u00f6r\u00fcl\u00fcyor; bu, rafineri marjlar\u0131 i\u00e7in elveri\u015fli bir zemin.<\/li>\n\n\n\n<li>ECB\u2019nin 2025 boyunca \u00fcst \u00fcste indirim yapt\u0131ktan sonra 2% civar\u0131nda beklemeye ge\u00e7ti\u011fi bir ortamda, Euro B\u00f6lgesi b\u00fcy\u00fcmesinde sert fren beklenmemesi, enerji talebi a\u00e7\u0131s\u0131ndan da g\u00f6rece olumlu.<\/li>\n<\/ul>\n\n\n\n<p><strong>Ralli dinami\u011fi:<\/strong><br>Y\u0131l sonu hik\u00e2yelerinde \u201cfaiz d\u00fc\u015ferse finans, b\u00fcy\u00fcme \u00e7ok bozulmazsa enerji\u201d ikilisi \u00e7o\u011fu zaman birlikte \u00e7al\u0131\u015f\u0131r. T\u00fcrkiye\u2019de rafineri ve elektrik \u00fcretim taraf\u0131nda, hem i\u00e7 talep hem ihracat baca\u011f\u0131ndan beslenen \u015firketler bu d\u00f6nemde pozitif ayr\u0131\u015fma potansiyeline sahip.<\/p>\n\n\n\n<p><strong>2.3 Sanayi \/ \u0130hracat\u00e7\u0131 \u2013 \u201cKur istikrar\u0131 ile nefes alanlar\u201d<\/strong><\/p>\n\n\n\n<p><strong>Neden \u00f6ne \u00e7\u0131kabilir?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Enflasyonun a\u015fa\u011f\u0131 e\u011filmesiyle birlikte, kurda sert s\u0131\u00e7ramalar yerine daha kontroll\u00fc bir patika beklentisi g\u00fc\u00e7leniyor.<\/li>\n\n\n\n<li>Global tarafta ECB ve Fed\u2019in agresif s\u0131k\u0131la\u015fma d\u00f6ng\u00fcs\u00fcnden \u00e7\u0131k\u0131p \u201cdaha yumu\u015fak\u201d bir patikaya ge\u00e7mesi, 2026 b\u00fcy\u00fcmesine dair iyimserli\u011fi destekliyor.<\/li>\n<\/ul>\n\n\n\n<p>Bu ko\u015fullar, <strong>sipari\u015f ak\u0131\u015f\u0131 g\u00fc\u00e7l\u00fc, fiyatlama g\u00fcc\u00fc y\u00fcksek, bor\u00e7luluk rasyolar\u0131 kontroll\u00fc<\/strong> ihracat\u00e7\u0131 sanayi \u015firketlerini y\u0131l sonu rallisinin \u201ckaliteli ta\u015f\u0131ma\u201d adaylar\u0131 h\u00e2line getiriyor.<\/p>\n\n\n\n<p><strong>2.4 Di\u011ferleri: Teknoloji, Savunma, T\u00fcketim &amp; Sa\u011fl\u0131k<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Teknoloji &amp; Savunma:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Tematik ve haber ak\u0131\u015f\u0131na ba\u011fl\u0131 olarak d\u00f6nem d\u00f6nem endeksin \u00e7ok \u00fczerinde performans g\u00f6sterebilirler.<\/li>\n\n\n\n<li>Ancak likidite daha s\u0131n\u0131rl\u0131 oldu\u011fundan, y\u0131l sonu rallisinde \u201cson %10\u2019luk vites\u201d i\u00e7in uygun; portf\u00f6y\u00fcn omurgas\u0131n\u0131 olu\u015fturmaktan ziyade, alfa katman\u0131 gibi d\u00fc\u015f\u00fcn\u00fclmeli.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>T\u00fcketim &amp; Sa\u011fl\u0131k:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Reel gelir beklentisinin iyile\u015fti\u011fi, faiz\u2013enflasyon dengesinin daha \u00f6ng\u00f6r\u00fclebilir oldu\u011fu senaryolarda orta vadeli hik\u00e2yesi g\u00fc\u00e7lenir.<\/li>\n\n\n\n<li>Y\u0131l sonu rallisinde, bankac\u0131l\u0131k\/enerji gibi y\u00fcksek beta sekt\u00f6rler yan\u0131nda <strong>defansif dengeleyici<\/strong> rol\u00fcnde ta\u015f\u0131nabilir.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><strong>3. Nas\u0131l pozisyon al\u0131nmal\u0131?<\/strong><\/p>\n\n\n\n<p>Burada iki temel hedef var:<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Rallinin i\u00e7inde olmak<\/strong>,<\/li>\n\n\n\n<li>Ama <strong>yanl\u0131\u015f zamanda gere\u011finden fazla risk ta\u015f\u0131y\u0131p b\u00fct\u00fcn y\u0131l\u0131 tehlikeye atmamak.<\/strong><\/li>\n<\/ol>\n\n\n\n<p><strong>3.1 Zamanlama stratejisi<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>20\u201330 Kas\u0131m: \u201cKademeli giri\u015f\u201d d\u00f6nemi<\/strong>\n<ul class=\"wp-block-list\">\n<li>Bu aral\u0131kta gelen her d\u00fczeltme, temel hik\u00e2yesine g\u00fcvendi\u011finiz ka\u011f\u0131tlarda ekleme f\u0131rsat\u0131 olarak okunabilir.<\/li>\n\n\n\n<li>\u00d6zellikle <strong>bankac\u0131l\u0131k ve enerji\/rafineri<\/strong> taraf\u0131nda, hacimle teyit edilen g\u00fcnlerde pozisyon a\u00e7mak; d\u00fc\u015f\u00fck hacimli sert y\u00fckseli\u015flere ise temkinli yakla\u015fmak \u00f6nemli.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Aral\u0131k ilk yar\u0131: \u201cTa\u015f\u0131-g\u00f6zle\u201d d\u00f6nemi<\/strong>\n<ul class=\"wp-block-list\">\n<li>Ralli ba\u015flam\u0131\u015f ve endeks yukar\u0131 e\u011filimini s\u00fcrd\u00fcr\u00fcyorsa, yeni pozisyon a\u00e7mak yerine mevcut pozisyonlar\u0131 ta\u015f\u0131mak ve <strong>kademeli k\u00e2r realize ederek<\/strong> risk seviyesini kontrol etmek daha sa\u011fl\u0131kl\u0131.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Y\u0131l\u0131n son haftas\u0131: \u201cMakyaj ve da\u011f\u0131l\u0131m\u201d d\u00f6nemi<\/strong>\n<ul class=\"wp-block-list\">\n<li>Kurumsal fonlar portf\u00f6y makyaj\u0131 yaparken volatilite artabilir.<\/li>\n\n\n\n<li>Bu d\u00f6nemde yeni b\u00fcy\u00fck pozisyonlardan ka\u00e7\u0131nmak, hedef seviyelere yakla\u015fan hisselerde <strong>par\u00e7a par\u00e7a k\u00e2r alma<\/strong> disiplini \u00f6nemli.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><strong>3.2 Portf\u00f6y iskeleti (\u00f6rnek)<\/strong><\/p>\n\n\n\n<p>Tabii ki herkesin risk profili farkl\u0131; ama bir \u201ciskelet\u201d \u00f6rne\u011fi \u015f\u00f6yle d\u00fc\u015f\u00fcn\u00fclebilir:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bankac\u0131l\u0131k &amp; Finans:<\/strong> %20\u201325<\/li>\n\n\n\n<li><strong>Enerji &amp; Rafineri:<\/strong> %10\u201315<\/li>\n\n\n\n<li><strong>Sanayi\/\u0130hracat\u00e7\u0131:<\/strong> %15\u201320<\/li>\n\n\n\n<li><strong>T\u00fcketim &amp; Sa\u011fl\u0131k (defansif):<\/strong> %10\u201315<\/li>\n\n\n\n<li><strong>Teknoloji + Savunma (tematik):<\/strong> %10\u201315<\/li>\n\n\n\n<li><strong>Nakit:<\/strong> %15\u201325 (kademeli al\u0131m\/k\u00e2r realizasyonu i\u00e7in cephane)<\/li>\n<\/ul>\n\n\n\n<p>Burada kritik nokta: <strong>Y\u0131l sonu rallisine \u201ctam gaz\u201d girmek yerine, her zaman en az %15\u201320 nakit tutmak<\/strong>. Hem beklenmedik haber ak\u0131\u015flar\u0131nda savunma sa\u011flar, hem de ger\u00e7ekten iyi f\u0131rsatlar \u00e7\u0131kt\u0131\u011f\u0131nda hareket alan\u0131n\u0131z olur.<\/p>\n\n\n\n<p><strong>3.3 Pratik kurallar<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Kural 1 \u2013 Kapan\u0131\u015f teyidi olmadan agresif olmay\u0131n:<\/strong><br>G\u00fcn i\u00e7i sert y\u00fckseli\u015flere de\u011fil, <strong>g\u00fcn sonu kapan\u0131\u015f kalitesine<\/strong> ve hacme bak\u0131n.<\/li>\n\n\n\n<li><strong>Kural 2 \u2013 Sekt\u00f6r rotasyonunu izleyin:<\/strong><br>Bankalar\u2013enerji\u2013sanayi aras\u0131nda d\u00f6n\u00fc\u015f\u00fcm ba\u015flad\u0131\u011f\u0131nda, <strong>gecikmeli kalan ama hik\u00e2yesi sa\u011flam<\/strong> isimlere kaymak \u00e7o\u011fu zaman daha verimli.<\/li>\n\n\n\n<li><strong>Kural 3 \u2013 Hedef\/stopu ba\u015ftan yaz\u0131n:<\/strong><br>Y\u0131l sonu rallisi d\u00f6neminde \u201cnas\u0131l olsa \u00e7\u0131kar\u201d psikolojisi \u00e7ok tehlikelidir. Her pozisyon i\u00e7in <strong>hedef ve zarar-kes seviyesi<\/strong> ba\u015ftan tan\u0131mlanmal\u0131.<\/li>\n<\/ul>\n\n\n\n<p><strong>4. Sonu\u00e7: Bu kez \u201chik\u00e2ye\u201d ile \u201cveri\u201d ayn\u0131 yere i\u015faret ediyor<\/strong><\/p>\n\n\n\n<p>2025\u2019in sonuna yakla\u015f\u0131rken tablo net:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Enflasyon e\u011frisi a\u015fa\u011f\u0131 k\u0131vr\u0131l\u0131yor,<\/li>\n\n\n\n<li>Para politikas\u0131 zirveye yak\u0131n, ama \u015fok s\u0131k\u0131la\u015fma bask\u0131s\u0131 zay\u0131f,<\/li>\n\n\n\n<li>BIST, Kas\u0131m ortas\u0131na kadar yapt\u0131\u011f\u0131 d\u00fczeltmeyle de\u011ferleme a\u00e7\u0131s\u0131ndan daha cazip bir seviyeye gelmi\u015f durumda.<\/li>\n<\/ul>\n\n\n\n<p>Bunlar\u0131n \u00fczerine bir de tarihsel <strong>Kas\u0131m\u2013Aral\u0131k sezon etkisini<\/strong> koydu\u011fumuzda, <strong>20 Kas\u0131m sonras\u0131 i\u00e7in y\u0131l sonu rallisi senaryosunu tamamen rasyonel bir zeminde savunmak m\u00fcmk\u00fcn<\/strong>.<\/p>\n\n\n\n<p>Bu ralli, herkesi zengin etmeyecek; ama <strong>haz\u0131rl\u0131kl\u0131 olan ile olmayan\u0131 net \u015fekilde ay\u0131racak<\/strong>. Haz\u0131rl\u0131kl\u0131 olan yat\u0131r\u0131mc\u0131,<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>hangi tarihte neyi bekledi\u011fini,<\/li>\n\n\n\n<li>hangi sekt\u00f6rde neden pozisyon ald\u0131\u011f\u0131n\u0131,<\/li>\n\n\n\n<li>ve nereye kadar risk ta\u015f\u0131yaca\u011f\u0131n\u0131<br>en ba\u015ftan yazm\u0131\u015f olan yat\u0131r\u0131mc\u0131d\u0131r.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Borsa takvime bakmaz deriz ama rakamlar ba\u015fka \u015fey s\u00f6yl\u00fcyor. Hem d\u00fcnyada hem T\u00fcrkiye\u2019de Kas\u0131m sonu\u2013Aral\u0131k d\u00f6nemi, tarihsel olarak hisse senetleri i\u00e7in di\u011fer aylara g\u00f6re daha pozitif bir e\u011filim ta\u015f\u0131m\u0131\u015f durumda. \u00d6zellikle Kas\u0131m\u2019\u0131n ikinci yar\u0131s\u0131ndan itibaren, \u201cy\u0131l sonu rallisi\u201d diye kodlad\u0131\u011f\u0131m\u0131z, fon y\u00f6neticilerinin portf\u00f6ylerini makyajlad\u0131\u011f\u0131, bireysel yat\u0131r\u0131mc\u0131lar\u0131n da yeniden risk ald\u0131\u011f\u0131 bir pencere \u00f6ne \u00e7\u0131k\u0131yor. Bu&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5186,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-5184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-makaleler"],"_links":{"self":[{"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/posts\/5184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/comments?post=5184"}],"version-history":[{"count":5,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/posts\/5184\/revisions"}],"predecessor-version":[{"id":5222,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/posts\/5184\/revisions\/5222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/media\/5186"}],"wp:attachment":[{"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/media?parent=5184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/categories?post=5184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/tags?post=5184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}