In this week's video, Peter Reznicek takes a look at gold.

A properly functioning market economy gives people neither what they want nor what they expect, but what they deserve.

The stock market indices were quite volatile today but in narrow ranges for most of the session, although early on they gapped down, rallied back sharply, and then went into a coiling-type pattern for the rest of the session.

The big picture of the SPDR Gold Trust (GLD) continues to exhibit a series of higher lows and higher highs.

Download Adrian Manz's Around The Horn Intraday Trading Plan PDF for June 11.

Dave Landry takes a one-minute look at the stock market in his video for June 11.

After such a significant decline in the broad market over the past month and a half, it's easy to get encouraged by a 3% gain in the S&P 500. However, it's important to remember that such substantial percentage moves have not been uncommon since the recent stock market decline began.

There has been a notable change across the asset class spectrum in the last 72 hours, indicating that risk appetite is increasing.

The stock market indices had an excellent and very bullish session today. They started out with a sharp gap up, ran sharply in the morning with the S&P 500 taking out yesterday's highs.