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."