CNBC Stock Blog
- Playing Activision and Other Video Game Stocks: Analyst
- Expect 'At Least' Another 10-15% Upside: Fund Manager
- Why are Options Bullish on This Smartphone Maker?
- Why are Traders Bullish on This Food Company?
- Profiting From Natural Gas: Strategists
- 3 Hot Mid-Cap Stock Picks: Portfolio Manager
- 'Nice Opportunities' in Health Care Sector: Stock Picker
- Stocks To Play With Health Reform: Analysts
- 4 Tech Stocks For This Holiday Season: Analyst
- Art Cashin: I'm Still Skeptical About Markets
MOST SHARED
- Health-Care Reform Does Little To Contain Costs: Analysts
- Home Prices Sank Further In Most Parts of US in 3rd Quarter
- 'Peak Oil' Closer Than IEA Forecasts Show: Report
- News Corp. May Pull Content From Google Searches
- Jobless Rate to Hit 10.5%, Keeping Fed in Box: Poll
- If Mickey Mouse Has to Change—What Does That Say About You?
- Nov. 10: S&P Stocks Trading at New 52-Week Highs
- Treasurys Head Lower as Auction Fails to Impress
- America Is On Sale
- Trader Tax Sound Off
- Playing Activision and Other Video Game Stocks: Analyst
- Expect 'At Least' Another 10-15% Upside: Fund Manager
- If Mickey Mouse Has to Change—What Does That Say About You?
- Nov. 10: S&P Stocks Trading at New 52-Week Highs
- Passive Job Search Strategies
- Back Off, Regulators!
- America Is On Sale
- Warren Buffett and the Crisis: 'Brilliant Moves Interspersed with Some Surprising Errors'
- Schork Oil Outlook: More Strength in Crude
- Treasurys Head Lower as Auction Fails to Impress
- Home Prices Decline Further In Most Parts of US
- Sen. Dodd Hopes to Confirm Bernanke by Christmas
- Jobless Rate to Hit 10.5%, Keeping Fed in Box: Poll
- Credit Card Firms Squeeze Customers as Rules Loom
- 'Thriller' Art: Warhol's Jackson Work Could Net $700,000
- Health Reform Does Little to Contains Costs: Analysts
- Ponzi Proceeds: Bidding on Madoff's Toys
- Trustee Seeks Billions for Madoff Investors
RSS FEED
Art Cashin, UBS Financial Services director of floor operations, offered CNBC his take on what traders are watching Thursday — and his predictions for the stock market in coming days.
After bouts of strong trading yesterday (Wednesday), what happened in the final hour to lower the market?
"As I said to you a couple of days ago, I think there's nervousness back in the market. The next several days will tell us whether it's going to be a significant pullback or just a cleanup of the overbought condition."
Cashin's own take? "I'm leaning toward a significant pullback."
As to the financial stocks, Cashin warned that the stress test could be a "ticking time bomb":
"If it's a real 'stress test,' we could be back where we were in the pre-Lehman days," he said, with big banks dichotomized into survivors and those which look healthy — but suddenly collapse.
_____________________________
Thursday - CNBC's Companies in the News:
Wells Fargo [WFC
Loading...
()
]
Bank of America [BAC
Loading...
()
]
General Motors [GM
Loading...
()
]
General Electric [GE
Loading...
()
]
Citigroup [C
Loading...
()
]
_____________________________









