The stances below are c8alpha's editorial distillation of Julian Emanuel's public commentary — television, podcasts, and interviews — compiled by automated transcript analysis and dated to the episode they came from. They may lag the speaker's current view and may contain extraction errors. Text in quotation marks is verbatim from the episode; everything else is our paraphrase. Julian Emanuel is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.
Raw direction-aware returns on public statements — long calls credited when the price rose, shorts when it fell, shorts capped at −100% — in a rising market this mostly measures who was long, not who has skill. Returns run from the stance date; calls are rarely closed publicly, so fixed 90-day / 180-day / 1-year horizons are used. A horizon shows only once it has fully matured, and only at 5+ scored stances. “% correct” is the share of those scored calls whose direction-aware return was positive at the horizon — in a rising market a bullish call is correct by default, so read it beside the market, not alone.
Every tracked call with at least one matured horizon: the rows behind the Returns
line above. A dash is a horizon that has not matured yet.
2026-10-21
SPX
bullish
CNBC (uncut) · uncut_tv
Credit conditions remain broadly supportive, midterms are resolving in a sideways consolidation rather than a major sell-off, and the macro setup points to significantly higher S&P 500 prices in 2027 even as the index stays range-bound through year-end
“we think is ultimately going to lead to significantly higher prices in 2027”
Closing Bell: Overtime — 2026-10-21 (CNBC, full episode, ads cut)
2026-10-13
long TECHNOLOGY STOCKS / long US CONSUMER STOCKS
hedge
Bloomberg Surveillance · video
Consumer stocks are deeply underweighted with large embedded short positions, making them an attractive hedge against core tech longs — rates only need to stop rising, not fall, to unlock a squeeze
“those are places not only are they underweight, but there are large embedded short positions based on the terrible performance”
Bloomberg Surveillance 10/13/2026
2026-10-13
TECHNOLOGY / AI TRADE
bullish
Bloomberg TV (uncut) · uncut_tv
Structural technology-led bull markets historically lead until the very last minute, and the credit markets — the real arbiter — remain well-behaved with no linkage break yet
“tech tends to lead until the very last minute. And we think it's not different”
Bloomberg TV uncut 2026-10-13 06:00 ET (30 min)
2026-10-13
TECHNOLOGY STOCKS
bullish
Bloomberg Surveillance · video
Structural technology-led bull markets see tech lead until the very last minute, and credit markets remain well-behaved with no signal of a systemic break that would end the cycle
“we have been proponents of the overweight tech for three years now and we're not getting off”
Bloomberg Surveillance 10/13/2026
2026-09-17
Long Dur Treasuries
bullish
Bloomberg The Close · video
Fed's credibility hike and global rate hiking cycle cap extreme yield scenarios and provide a value opportunity in the long end, with capping long yields also easing hyperscaler debt issuance and supporting equities
“there is a value opportunity in the long end”
Bloomberg Surveillance 9/17/2026
Said again: 2026-10-01 (Bloomberg Surveillance)
2026-08-24
long MCD / long PEP
basket
CNBC Fast Money Final Trade · video
Negative beta stocks like MCD and PEP that correlate inversely to the S&P day-in/day-out deliver index-like returns while providing diversification away from the AI-trade concentration that now dominates the market
“these negative beta stocks are actually a way to get index like returns and get diversification from the fact that everything looks like the AI trade”
Evercore ISI's Julian Emanuel predicts market roller coaster ahead
2026-07-07
long ENERGY / long UTILITIES / long CONSUMER STAPLES / long INSURANCE
basket
Bloomberg Television · video
Energy, utilities, consumer staples, and insurance stocks are moving inversely to the S&P 500 at the highest frequency in 25 years, offering genuine portfolio diversification against AI-concentrated markets where demand remains high but single-theme risk is…
“a number larger than you've seen in 25 years, move inversely to the S&P 500”
Evercore's Emanuel Doesn't See Fed Moving This Year
2026-07-07
META, MICROSOFT (HYPERSCALERS / "LAG 7")
bullish
Bloomberg Television · video
AI-capex hyperscalers like Meta and Microsoft have been punished in the rotation toward chip names but will report stellar earnings while now trading at reasonable valuations after the drawdown
“the rotation into some of these names which are going to report stellar earnings”
Evercore's Emanuel Doesn't See Fed Moving This Year
2026-07-07
SPX
bullish
Bloomberg Television · video
Oil returning below $70 from its war-driven spike is a profound disinflationary positive — historically the market averages 17% gains in the 12 months following such a reversal, and this is the one of the fastest spike-reversals on record
“the market averages 17% gains in the 12 months following that return to earth of the oil gusher”
90d +3.9%
Evercore's Emanuel Doesn't See Fed Moving This Year
Said again: 2026-08-24 (CNBC Fast Money Final Trade), 2026-09-17 (Bloomberg The Close)