Risk Gauges Are Flashing Risk-On

Risk gauges are flashing risk-on, notes Mish Schneider. She examines market risk trends. She talks about how yields and the dollar remain elevated, and Gen X is waiting for the return to 5% interest rates. She looks at how market internals got oversold on last week’s selloff. She outlines how the McClellan Oscillator is showing a potential divergence for the S&P 500 and Nasdaq composite. She highlights that the Dow and Russell remain below their 200-day moving averages in distribution phases. She mentions that bitcoin looks ready for what may be its second major breakout of the year. Tune in to find out more about the stock market today.