Michael Santoli

CNBC Senior Markets Commentator.
Markets. Business. Baseball.
Cranky New York parochialism.

[Wilfred Frost @WilfredFrost]

Thanks for having me @SaraEisen @michaelsantoli @carlquintanilla

[The Boyar Value Group @BoyarValue]

@MichaelSantoli can’t own individual stocks because of @CNBC rules.
The surprising part?
After 30+ years covering markets, he says he’s glad.
A thoughtful reflection on market discipline from one of Wall Street’s most experienced observers.

Link to the full episode in the comments:

[The Boyar Value Group @BoyarValue]

@CNBC @michaelsantoli https://t.co/dViWBEpySi

[The Boyar Value Group @BoyarValue]

Ryan Cohen came on @CNBC to defend GameStop’s bid for eBay — and the interview got awkward fast.
@MichaelSantoli takes us inside the exchange.

Link to the full episode in the comments:

[CNBC Pro @CNBCPro]

Mike Santoli: A great first half, but some erratic behavior raises doubts about the rally's integrity https://t.co/qHjQMLQPjB

[The Boyar Value Group @BoyarValue]

@michaelsantoli https://t.co/KHMpxjWhHE

[The Boyar Value Group @BoyarValue]

Is this market 1999 all over again?

@MichaelSantoli says today’s froth doesn’t quite match the dot-com peak — but that’s not exactly comforting.

As he puts it, that’s like your doctor saying literally you’re not the unhealthiest patient he’s seen in 30 years.

Watch the clip:
https://t.co/o4rlhDWlTk

Link to the full episode in the comments:

[The Boyar Value Group @BoyarValue]

Interviewing @michaelsantoli on The World According to Boyar podcast tomorrow, any questions you would like me to ask...
@CNBC

[CNBC's Closing Bell @CNBCClosingBell]

ICYMI: @michaelsantoli reveals his long-time secret source, Journey 1 Advisor's David Snyder, live on Closing Bell. He gives his market outlook for the new year:

https://t.co/vJ3ULvJezJ

[Warren Pies @WarrenPies]

Great speaking with @michaelsantoli about the likely path for equities through year end and how we are using strategists targets to gauge sentiment heading into 2025.

Thank you for having me and Happy Thanksgiving Mike!

[Michael Santoli @michaelsantoli]

I’ll be posting over at https://t.co/Y2d8ZWgGeC, including links to my CNBC columns/videos and #MysteryBroker updates.

[Cameron Dawson @CameronDawson]

Great getting to chat with @michaelsantoli on @CNBCClosingBell overtime today!

[CNBCOvertime @CNBCOvertime]

Over 20% of the S&P 500 made new 52-week highs yesterday. @michaelsantoli on what that has meant historically in today's #MarketDashboard:

[CNBCOvertime @CNBCOvertime]

#utilities hitting an all-time high today. @michaelsantoli takes a look at what's powering the sector in his #MarketDashboard:

[John Kolovos, CMT, CFA @John_Kolovos]

This move higher in interest rates has to be taken seriously.

As always it was great to catch up with @michaelsantoli and the rest of the team.

https://t.co/KZSpPkXS8I

@CMTAssociation @CNBCClosingBell
#technicalanalysis
$SPY $FXI $TLT

[Ed Clissold @edclissold]

Pleasure to speak with @michaelsantoli on @CNBCClosingBell today to discuss our Q4 outlook. We covered the give & take between economic expectations & rates, earnings, and how big Q1-Q3 gains tend to continue thru Q4. @NDR_Research https://t.co/LdIqJxrBKs

[Warren Pies @WarrenPies]

The September Fed cut should prompt investors to reconsider the relationship between Fed actions and longer-term yields.

Also, first time at the NYSE!

Such a pleasure meeting @michaelsantoli and the rest of the team at CNBC Closing Bell. Thank you for the invite.

[Michael Santoli @michaelsantoli]

Where we are vs. where most thought we’d be.

A well-owned but wary market hits a rare trio of 21s: S&P up 21% YTD, above a 21x multiple and with VIX sticky near 21. What’s it all add up to?

New @CNBCPro column. Free to read with email registration.

https://t.co/veDs8qiOm0

[Michael Santoli @michaelsantoli]

Where we are vs. where most thought we’d be.

A well-owned but wary market hits a rare trio of 21s: S&P up 21% YTD, above a 21x multiple and with VIX sticky near 21. What’s it all add up to?

New @CNBCPro column. Free to read with email registration.

https://t.co/veDs8qiOm0

[Michael Santoli @michaelsantoli]

The usual terms of service...

https://t.co/5yKqreUPtG

[Michael Santoli @michaelsantoli]

Finally, the standard disclaimer on #MysteryBroker stuff:

He's a source I've quoted for more than a decade since my time at Barron's; is a real person; is not me; is not someone whose name you'd know.

I provide the updates as I get them mostly because people ask for them.

[Michael Santoli @michaelsantoli]

Quick #MysteryBroker update: He continues to give the stock market the benefit of the doubt after having bought back in at 5550 on the S&P 500 a few weeks back.

Sees likely further new highs into year-end, adding "the correction [avoided in September] is likely to come in October or November." But his market-based indicators foresee no bear market ahead right now.

He thought Powell was a bit more hawkish (data-dependent) than perceived at the FOMC presser.

MB is not calling for a recession here. The Fed is still in that window when the preferred soft-landing/orderly-easing outcome seems on target, but that can change within months. (Cites the 1989 cycle as an example.)

China stimulus has pulled forward some of the seasonal cyclical-stock strength, he doesn't expect it to last past January. The 10-yr Treasury about fairly priced. Healthcare still his favorite sector. Seems short-term oil rally, but 2025 outlook "not good."

That's it. Updates come when they come and never when they're requested.