The stances below are c8alpha's editorial distillation of Liz Thomas'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. Liz Thomas 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.
2026-10-22
Long Dur Treasuries
bullish
RiskReversal Media · video
Yields near 5.25% became attractive enough to pull capital out of equities, prompting a new bond allocation as a flight-to-quality trade during late-cycle equity conditions; she has already entered the position and reaffirms it
“Things like Treasuries that I talked about... I still think all of that is a good place to be”
The Market Is Moving Beneath Investor's Feet
2026-10-22
ENERGY
bullish
RiskReversal Media · video
Energy is a good sector position with support beyond geopolitical premiums; a war de-escalation that brings oil prices down would be a buying opportunity rather than a reason to exit
“I still think energy is a good place to be, even if we have a de-escalation in the war. In fact, I would find that as a buying opportunity”
The Market Is Moving Beneath Investor's Feet
2026-10-22
HEALTHCARE
bullish
RiskReversal Media · video
Healthcare is a defensive sector benefiting from late-cycle rotation as investors move out of growth and AI names into defensives amid elevated rates and deteriorating semiconductor leadership
“I've been talking about healthcare for a long time. I still think all of that is a good place to be”
The Market Is Moving Beneath Investor's Feet
2026-10-22
GOLD
bullish
RiskReversal Media · video
Gold is a good defensive hold in a late-cycle environment characterized by elevated rates, rising neo-cloud leverage risks, and growing potential for a credit cycle
“I still think that gold is a good place to be”
The Market Is Moving Beneath Investor's Feet
2026-10-20
AI TRADE
bullish
CNBC (uncut) · uncut_tv
AI demand and infrastructure fundamentals remain supportive, but a maturing cycle, weaker capital-market rewards, and potential revenue shortfalls warrant balanced rather than all-in exposure.
“I don't think that that's a prudent way to invest.”
Closing Bell — 2026-10-20 (CNBC, full episode, ads cut)
2026-10-15
USTS
owns
RiskReversal Media · video
At 4.94–5.24% entry yield the 10-year provides locked-in income, capital preservation, and a hedge against tail risks during the Fed's hiking cycle, with the ability to hold to par maturity eliminating reinvestment risk
“I'm doing this as more of protection against some of the terrible things that could happen in the next year or two”
Hot CPI, Hotter PPI: The Fed Can’t Stop Hiking
Said again: 2026-10-29 (CNBC (uncut))
2026-10-15
BANKS
bearish
RiskReversal Media · video
Big-bank earnings kicked off season with misses or charges rather than the upside catalyst needed to confirm economic health, and the flattening yield curve plus AI-deal-flow uncertainty creates an unfriendly near-term backdrop for the sector
“the way the banks are trading right now doesn't give me a whole lot of optimism, at least not up through the midterm elections”
Hot CPI, Hotter PPI: The Fed Can’t Stop Hiking
2026-10-01
long SEMIS / long USTS / long GOLD
hedge
CNBC Halftime Final Trades · video
Balance portfolio extremes: all-in on AI-linked sectors for upside while hedging with Treasuries (yields at 2007 highs offering rare income) and gold (tail-risk if Fed is forced to backtrack and economy softens)
“all in on semiconductors, software, cybersecurity, all of those things, but then balance it out”
The Bull Bear Debate Grows -Half Time Report followed by Technical Analysis 09/30
2026-07-08
REAL ESTATE / REITS
bullish
CNBC Halftime Final Trades · video
Real estate valuations have bottomed and the pricing-out of further rate hikes for the rest of the year provides a multiple-expansion tailwind for the sector
“valuations have bottomed and rate hikes get priced out for the rest of the year. That's a tailwind”
Software and cloud computing names have strong growth scenarios, says ETF Action's Mike Akins
2026-04-01
Big Tech
bullish
CNBC Halftime Final Trades · video
Significant multiple compression since October highs has created a dislocation with still-rising earnings, which should close via higher prices
“there's been a lot of multiple compression since October highs, but earnings continue to go up”
90d +26.2% · 180d +26.3%
Final Trades: FTAI Aviation, Ethan Allen, Teradyne and the QQQ
2026-01-20
IGV
bullish
CNBC Halftime Final Trades · video
The recent selloff in software is overdone relative to fundamentals, creating an opportunity for the sector to recover in 2026
“I think this selloff is undo and software has a chance this year.”
90d -10.0% · 180d -3.1%
Final Trades: Toast, Southern Company, the IGV and the TBT