Clive Corcoran's intuition is that in coming sessions the market is going to have to explore the downside further to see just how much technical damage was done on May 6.

Europeans live well. And thanks to so many transfer payments and so many government-provided services, they live well without really having much money to spend. Their incomes go to pay taxes and social charges. Trouble is, they enjoy a standard of living that they can’t really afford.

The stock market indices had an afternoon sell off, which put them in negative territory as the Tuesday turnaround effect took place.

The Market Vectors Gold Miners ETF (GDX) emerged from a 5-month accumulation pattern today.

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

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

Even though the gains of the major indices were in excess of 4%, nothing has really changed on a technical level. The main stock market indexes remain in short to intermediate-term downtrends, with resistance of the 20 and 50-day moving averages still overhead.

Why does Bill Bonner think there's a bear market in stocks?

The indices had a fantastic start to the week with a huge gap up at the opening due to foreign markets being sharply higher and futures very sharply higher.

Oil prices and the US Oil Fund ETF (USO) leapt 4 percent off of Friday's low.