Art Cashin warns a market bump 'could turn out to be a landmine'

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Trading legend Art Cashin is skeptical of the sentiment-driven rally and warns a 'bump in the road could turn out to be a landmine'

Legendary trader Art Cashin is skeptical of the stock market rally and said a hiccup could quickly unravel investors' optimism.

on Friday, pointing to fear of missing out."I think, short of going absolutely parabolic, this has been some dramatic, pyrotechnic run on this rally." Because the rally has relied so heavily on sentiment instead of fundamentals, he suggested that it's fragile.

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