The sudden strength in GLD and SLV is not surprising. However, it is interesting that the rally in precious metals has not coincided to weakness in the U.S. dollar.

The homebuilding sector, as available via the XHB fund, illustrates clearly a pattern which is visible on many charts: the failure by momentum indicators to confirm the bullish price action in the second half of August.

Two things make Bill Bonner think the bear market is not over.

The indices had a strong snapback off early losses that held support and at the end burst through 3-day resistance and closed at the session highs going away.

Dr. Adrian Manz analyzes the major markets, stock sectors, and individual stocks for September 3.

Dave Landry takes a one-minute look at the stock market in his video for September 3.

Though stocks could easily bounce within the next day or two, considerable overhead supply has been left behind in the wake of this week's sell-off.

The weekly chart for gold suggests the metal is now on the verge of either a major breakthrough which could propel it far beyond $1000 or a failure at what would be its fourth attempt to regain the levels above $1000 per ounce from March 2008.

From Florida, comes news of the first drop in population in 60 years.