CNBC Stock Blog
- Double-Dip Recession Still Possible: Chief Investor
- S&P Will Reach 1,160 by Year-End: Equity Strategist
- Don't Buy Citigroup—Buy These Banks Instead: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- 'You Can Make a Lot of Money' on Individual Stocks: Strategist
- Art Cashin: Rally Can Hold if S&P Breaks Key Level
- Market Rally Will Continue into 2010: S&P Equity Strategist
- Why Are Options So Bullish on This Chemical Manufacturer?
- Buy the 'Riskiest' Assets—Markets Will Move Up: Strategist
- 2 Tech-Gadget Stock Plays: Senior Analyst
MOST SHARED
- Dubai Government Won't Sell Assets for Dubai World Debt
- China's Monetary Policy to be 'Appropriately Loose' in 2010
- When Stock Performance Looks a Little Too Good
- Best Cities to Find A Job
- GM's CEO Search Goes Global
- Citigroup Seeking Government Nod to Repay Taxpayers: Report
- UN Talks on Climate Change Billed as "Turning Point"
- Obama Urges Democrats to Pass Health Care Bill
- Predictions 2010: Tamminen's Lowest Carbon Denominator
- Holidays Can Be A Jolly Time For Job Seekers
- Double-Dip Recession Still Possible: Chief Investor
- GM's CEO Search Goes Global
- Family Linked In One Tiger Endorsement Deal
- U.S. Markets End Week Positive, Dollar Rallies
- S&P Will Reach 1,160 by Year-End: Equity Strategist
- Hirschhorn: Tiger & Risk Management
- How Many People Will Watch SEC Championship Game?
- EPA To Rule Greenhouse Gases Endanger Human Health
- Profits Booming, Busting Like Never Before: Bernstein
- Government Slashes Estimate of Bailout Cost
- Five AIG Execs May Quit Over Pay: Report
- Top US Court Weighs Sarbanes-Oxley Auditing Board
- Should Bailout Savings Be Used to Pay for Job Creation?
- GM Taps Spencer Stuart to Conduct CEO Search: Report
- GM's CEO Search Goes Global
- Dubai Govt Ring-Fences Key Assets, Shares Tumble
RSS FEED
Art Cashin: I'm Still Skeptical About Markets
Text Size 
Toward the end of last week, the markets saw a huge run-up. Does this bode well for stocks this week? Art Cashin, director of floor operations for UBS Financial Services, offered CNBC his insights.
"I am still skeptical about the markets," says Cashin. "We are still in what could be a topping process." (watch video for full interview)
"I'm standing by and watching it (the markets), and not taking part in anything," Cashin said. "What I may be losing is strictly an opportunity. I'm not shorting or anything."
"What I want to see are better economic reports coming out. The private sector hasn't kicked in yet for the recovery," said Cashin.
"Today (Monday) is basically a non event day. The market will just be checking its pulse," Cashin said.
______________________________
CNBC Data Pages:
______________________________
CNBC Slideshows:
______________________________
______________________________
CNBC's Companies in the News:
Kraft [KFT
Loading...
()
]
McDonald's [MCD
Loading...
()
]
Goldman Sachs [GS
Loading...
()
]
Nokia [NOK
Loading...
()
]
(*GE is the parent company of CNBC and CNBC.com.)
______________________________
Disclosures:
Disclosure information was not available for Cashin or his company.
Data is a real-time snapshot *Data is delayed at least 15 minutes