The stances below are c8alpha's editorial distillation of Mike Santoli'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. Mike Santoli 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.
2026-10-28
SPX
bullish
CNBC (uncut) · uncut_tv
The index should break higher toward its highs as beaten-down AI stocks rebound, hyperscaler credit spreads tighten, favorable seasonality begins, and a gradual Fed supports equities.
“The market should be able to make some hay and break higher, maybe go toward the highs on the S&P 500.”
CNBC uncut 2026-10-28 12:44 ET (5 min)
2026-10-27
STX
bullish
CNBC (uncut) · uncut_tv
Seagate is a classic hardware play trading 40% off its highs and expected to post strong earnings, making it a useful read on the broader semis/mega-cap recovery theme
“Seagate here's another classic hardware play. It's 40 percent off its highs but the numbers are going to be great.”
CNBC uncut 2026-10-27 15:50 ET (5 min)
2026-10-22
USTS
bullish
CNBC (uncut) · uncut_tv
A roughly 5% yield provides investors with income cushion and should attract substantial buying demand, including from wealth managers and rebalancing funds.
“I do think the message got out as well that yields now provide a cushion at five percent.”
CNBC uncut 2026-10-22 12:42 ET (5 min)
2026-10-22
SEMIS
bearish
CNBC (uncut) · uncut_tv
Semiconductor and related stocks remain vulnerable because they have failed to rebound from oversold conditions amid waning confidence in open-ended AI capital spending.
“It's definitely not positive that semis and related companies are not responding to these oversold conditions.”
CNBC uncut 2026-10-22 15:52 ET (5 min)
2026-10-21
SMALL, CREDIT-DEPENDENT NEOCLOUDS
bearish
CNBC (uncut) · uncut_tv
Subscale neoclouds face financing risk and uncertain returns because their capacity may arrive after cheap open-source AI changes the competitive landscape.
“I'd be scared if I was another one of these smaller, sub-scale, credit-dependent neoclouds.”
Squawk on the Street — 2026-10-21 (CNBC, full episode, ads cut)
2026-10-15
Long Dur Treasuries
bullish
CNBC (uncut) · uncut_tv
10-year yields at 5.30 found buyers at a technical ceiling well above expected inflation and Fed funds, creating a genuine cushion for portfolios overlevered to AI equity
“530 in 10s found buyers...you can kind of start to utilize that cushion”
CNBC uncut 2026-10-15 08:30 ET (30 min)
2020-10-12
TRANSPORTATION STOCKS
bullish
Delivering Alpha · video
Transportation stocks within industrials have gotten real traction as the market begins pricing in an economic revival, signaling a regime shift away from secular growth dominance
“transportation stocks they've actually gotten real traction”
Covering 2020 market turmoil | CNBC PRO and Delivering Alpha
2020-10-12
SEMICONDUCTORS
bullish
Delivering Alpha · video
Semiconductor stocks are functioning as the modern equivalent of industrials and transports, hitting new relative highs and signaling the market is looking past pure secular growth names toward cyclical recovery plays
“semiconductor stocks are almost a kind of souped-up version of the old industrials and transports”
Covering 2020 market turmoil | CNBC PRO and Delivering Alpha
2020-10-12
RCD
bullish
Delivering Alpha · video
Equal-weighted consumer discretionary ETF gives cyclical exposure to housing-related stocks without Amazon's distorting outsized weight, and has begun to outperform as early-cycle recovery forces gain traction
“equal weighted consumer discretionary...rcd...it also has actually begun to outperform”
90d +16.3% · 180d +35.4% · 1y +36.5%
Covering 2020 market turmoil | CNBC PRO and Delivering Alpha
2020-10-12
SOFTWARE STOCKS
bullish
Delivering Alpha · video
Software has become the backbone of virtually every industry including cyclicals, making it a durable structural long regardless of near-term rotation
“software is eating the world it is now the backbone of virtually everything”
Covering 2020 market turmoil | CNBC PRO and Delivering Alpha