The stock market indices managed to eek out gains today after an early strong start, and then a strong 3-wave pullback that took the indices to the session lows with just half an hour to go. In the last 30-35 minutes or so, they rocketed back in what looked like short covering to put the indices back in the plus column.

Gold is the only true money. It's been used as money for thousands of years. And it will probably be used for thousands more.

Although the action in spot silver is a bit uneventful, the near-term technical picture and setup remain relatively positive.

Download Adrian Manz's Around The Horn Intraday Trading Plan PDF for August 31.

Dave Landry takes a one-minute look at the stock market in his video for August 31.

It was not surprising that the market only saw modest gains on Tuesday in the wake of Monday's impressive price move. However, it is noteworthy that institutional investors appeared to be accumulating stocks yesterday. Based on yesterday's market action, it looks as if there is more upside potential for the market.

The stock market indices managed to forge ahead again today, although late profit-taking in the last 15-20 minutes really took back a decent chunk of the gains.

If you believe the stock market, the storm is over.  All is well.

Download Adrian Manz's Around The Horn Intraday Trading Plan PDF for August 30.

The vertical surge in the SPDR Gold Shares (GLD) in pre-open hours Tuesday has the look of the start of upside continuation.