Markets
Santoli: Earnings bonanza that lifted market to record may not be all that it appears to be
The S&P 500 is up more than 6% in 12 trading days to record levels.
Name
Santoli
No market stories in the last 7 days. The latest coverage is below.
- 7-day mood
- —Not enough data
- Stories, 7 days
- 0
- Last 24 hours
- 0no baseline yet
- Sources
- 1in the latest 30
Mood and coverage · last 7 days
Market chart- Santoli · 6-hour average
- Hourly reading
- Stories per hour
No scored stories in the last 7 days.
View as table
| Day | Mood | Stories |
|---|---|---|
| Sun, Oct 11 | — | 0 |
| Sat, Oct 10 | — | 0 |
| Fri, Oct 9 | — | 0 |
| Thu, Oct 8 | — | 0 |
| Wed, Oct 7 | — | 0 |
| Tue, Oct 6 | — | 0 |
| Mon, Oct 5 | — | 0 |
| Sun, Oct 4 | — | 0 |
Latest on Santoli
Newest firstMarkets
Santoli's Tuesday market wrap-up: Stocks test 5% pullback before steadying
None of the significant issues the market has been grappling with have been settled exactly, but sometimes prices alone can drain the urgency from controversy.
Markets
Santoli's Wednesday market wrap-up: Stocks continue displaying resilience through rotation
It's as if the market heard the loud complaints last week that the rally was dangerously narrow and AI-dependent and is delivering a retort.
Technology
Santoli's Tuesday market wrap-up: Breakout to fresh record highs comes with bifurcated, top-heavy tape
Apple and Microsoft each reaching $4 trillion in market cap on the same day is in a sense fitting - they're tech's two steadiest mega-compounders since 2015.
Markets
Santoli's Thursday market wrap-up: Stocks continue to bait and trap aggressive bears
The two-day purge of speculative and high-momentum stocks either paused or finished.
Markets
Santoli's Wednesday market wrap-up: Whipsaw in hot-money flows catches S&P 500 in bumpy 0.5% drop
High-momentum, more-volatile, heavily speculative stocks have broken steep uptrends and are spilling lower, as quality and value stocks hang in just fine.
Markets
Santoli's Tuesday market wrap-up: Stocks held Monday's 1% pop in churning, low-momentum session
The S&P 500 traded for a seventh day in the range left by the 2.7% drop on Oct. 10.
Geopolitics
Santoli's Monday market wrap-up: Brisk little rally in the absence of fresh bad news along the credit, trade-war fronts
The sharp but shallow 3% pullback prompted a more severe "de-risking" impulse than one might've expected.
Finance
Santoli's Friday market wrap-up: Firmer tone to end the week, as urgent regional bank selling abates
Investors ask whether a 2% dip from a record high has been enough to skim away some market froth and set the rally on firmer footing.
Santoli's Thursday market wrap-up: Broad index-level selling follows four days of erratic action
The latest move lower came after several failed rally attempts
Markets
Santoli's Tuesday market wrap-up: S&P 500 executes a nearly precise retest of Friday's low
The almost-trite mechanics of this bounce work against the idea that stocks are mostly twitching in tune with the tit-for-tat, U.S.-China trade threats.
Markets
Santoli's Thursday market wrap-up: Stocks pull back from record highs as Wall Street takes a breather
Stocks closed lower Thursday as the S&P 500 and Nasdaq retreated from record highs as the federal government shutdown drags on.
AI
Santoli's Wednesday market wrap-up: The usual flag carriers of the AI boom push S&P 500 to new highs
While stocks tied to the AI buildout are booming, those closer to the here-and-now consumer remain sluggish.
Markets
Santoli's Tuesday market wrap-up: High-altitude turbulence may feel worse than it is
At the headline-index level, Tuesday was a modest blip, with the S&P 500 down a little more than half a percent at the worst. Defensive groups outperformed.
Markets
Santoli's Friday market wrap-up: Wall Street holds near records in government-data blackout
The bull market nears its third anniversary with elevated valuations, broad agreement we have an AI bubble in the making and the Fed easing policy.
Markets
Santoli's Thursday market wrap-up: Stocks take the path of least resistance with no pesky data in its way
Mike Santoli's notes on a market that continues to largely ignore the government shutdown.
Markets
Santoli's Wednesday market wrap-up: Mixed but resilient tape pushes stocks to new highs
The latest catalysts were persistent momentum in core AI plays, retail-trader favorites and opportunistic rotation into a laggard sector.
Macro
Santoli's Tuesday market wrap-up: Indexes tread water as a majority of stocks slip
Evidence of economic growth concerns is surfacing and the tape is a bit heavy, especially in consumer cyclicals, after a soft consumer confidence reading.
Markets
Santoli's Monday market wrap-up: Firm start to the week keeps indexes just below record highs
Megacap strength and constant rotation have continued to buoy broad measures of stock market performance.
Markets
Santoli's Friday market wrap-up: Firm finish to week keeps S&P 500 pullback to a minimum
With every excuse to retreat - technical overbought conditions, unfriendly seasonal patterns, higher Treasury yields - the S&P 500 only fell 0.3% this week.
Markets
Santoli's Thursday market wrap-up: Few reasons to believe this pullback is the Big One
The setup entering the week opened the way to some retrenchment: The S&P 500 at its most overbought in 14 months with momentum waning and breadth flagging.
Markets
Santoli's Tuesday market wrap-up: S&P 500 pulls back from record highs as investors rethink the AI trade
Stocks took a hit as investors questioned the Nvidia-OpenAI partnership, wondering about overcapacity and overlapping partnerships and vendor relationships.
AI
Santoli's Monday market wrap-up: Rotation and megacap-tech momentum enough to lift S&P 500
An Nvidia/OpenAI $100 billion investment in AI capacity sent related stocks flying and more than offset the fatigue evident in the broader market.
Technology
Santoli's Friday market wrap-up: Upward drift in tech heavyweights keeps big-cap indexes churning to new records
The majority of the market took a breather after bulls got most of what they were hoping for this week.
Markets
Santoli's Thursday market wrap-up: Upbeat but not-quite-euphoric response to Fed
All indexes clicked to record highs, but the benchmark S&P 500 was off its highs and not far above Wednesday's peak.
Macro
Santoli's Wednesday market wrap-up: Erratic response to as-expected quarter-point Fed rate cut
To the dismay of the most dovish and bullish traders, Fed policymakers did not fully dismiss inflation concerns.
Markets
Santoli's Monday market wrap-up: Majority of stocks idling after a nice run to record highs and ahead of Fed decision
Some idiosyncratic flows of funds are goosing the mega-tech stocks, and the S&P 500 with them.
Macro
Santoli's Thursday's market wrap-up: August CPI numbers released whatever tension the market was holding
In-line pricing data was paired with what appeared to be another sign of labor-market softening.
Technology
Santoli's Wednesday market wrap-up: Oracle, Nvidia accounted for 100% of S&P 500 gain
Oracle and Nvidia accounted for all of the S&P 500's quarter-percent gain. Overall NYSE breadth was locked at 50/50 up/down.
Markets
Santoli's market wrap-up: Stocks regain steady, snoozy state with reliance on big caps
Mike wraps up Monday's action, noting investors' continued preference for larger big-cap tech stocks.
