Watch Art Cashin: 'Check engine lights' for stocks

Tuesday, 5 Nov 2013 | 3:51 PM ET
Cashin says: Stay nimble
Tuesday, 5 Nov 2013 | 2:30 PM ET
CNBC's Bob Pisani and Art Cashin, of UBS, discuss a flat day and the creep in the 10-year yield, which frightened the markets. Fewer stocks are carrying the load, he says.

Art Cashin says there are several indicators that are flashing a warning sign for stocks.

Cashin, UBS' director of floor operations at the NYSE, told CNBC's Bob Pisani around midafternoon that there are "some continuing divergences."

He notes that fewer stocks are making new highs, or even advancing at all, and that could be a warning the market is running out of steam.


Contact Stocks


    Get the best of CNBC in your inbox

    › Learn More