Art Cashin – One of the Greatest Sell Signals On the Stock Market You Will Ever See in Your Life

August 18, 2023

Today legend Art Cashin noted one of the greatest sell signals on the stock market you will ever see in your life.

August 17 (King World News) – Art Cashin, Head of Floor Operations at UBS: In a small clarification – Much of Wednesday’s afternoon trading session was engulfed with a bit of a mystery. There were rumors about that a “Wall Street legend” sighted a “signal” in the NDX that might be flashing quite bearishly.

After an extended time of searching and aided and abetted by our own in-house version of Nancy Drew. Wonder Woman was able to help us unravel what apparently may have been going on. It appears that the fabled Peter Eladia’s (a true Wall Street legend) appearing on Neil Cavuto’s Fox Business show may have cited a negative “condition” in the NDX. Here, again, we need to cite the key difference between a condition and a signal.