The market needs FAANG stocks to be “unified and consistent” for it to head higher into the new year, says UBS’ Art Cashin.
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Art Cashin says the Fed has to be clearer to calm the markets'The Fed has got to be clearer and tell people where they're going.' UBS' Art Cashin said that the Fed is contributing to the market volatility. 'It is important that they speak that way.'
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UBS’ Art Cashin: 2019 will be as volatile as 2018Will the market start to stabilize in 2019? UBS' Art Cashin said yesterday to expect as much volatility this year as in 2018. 'It looks like we're not going to be able to catch up on our sleep for a while.'
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We're in a sick market, says UBS' Art Cashin'We're in a sick market,' UBS' Art Cashin said. He said that the market was very healthy in the first three-quarters of 2018, but now weakness is beginning to develop.
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'We are in a sick market,' warns veteran trader Art CashinThe market is now showing signs of weakness after a healthy three-quarters of last year, says UBS' Art Cashin.
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Apple and Netflix could be your best FAANG bets heading into 2019, traders sayThe high-flying 'FAANG' stocks are well off their highs and set to finish the quarter in the red. But Todd Gordon of TradingAnalysis.com says Apple looks attractive at current levels, while Erin Gibbs, portfolio manager at S&P Global Market Intelligence, thinks Netflix is set for long-term gains.
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FAANG kicks its losing streak in post-Christmas rallyAll five FAANG companies ended a multi-day losing streak Wednesday as the entire market rallied from its worst ever Christmas Eve ever.
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Market lost 'a couple of thousand points' it didn't need to because of Washington chaos: Art CashinThe market lost 'a couple of thousand points' it didn't need to because of Washington chaos, says UBS' Art Cashin.
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PRESENTING: Art Cashin's annual Christmas poem featuring trade wars, the dilemmas of Sears and GE, and government shutdownsArt Cashin, director of floor operations at UBS, sent out his annual Christmas poem, which recaps the year's financial, political, and arts highlights.
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Circus is gone, focus on valuation and inflation for 2019, says economist'The circus is now behind us, it's left town.' This expert says that fundamentals will be the focus of 2019. He adds that valuation and inflation are the two things that will drive stocks over the next year.
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Wall Street will take a hit if the shutdown continues and delays tax refunds, UBS' Art Cashin warnsIt will hurt lawmakers' popularity and the economy 'if people don't get the [tax] refund they're expecting,' the veteran trader says.
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