Technical Analysis: 2 videos from Market Club – by Adam Hewison
adam12
1.  Weekly Trade Triangle Indicates Exit All Long SP 500 Positions

2.  The Decoupling of Gold 
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Gold and Oil are the New Mecca – has logic – … It is my belief that oil will remain around current levels or pull back for a mild correction as weakening demand and increasing supply weigh in on the price rather than the current fixation on a plummeting dollar.  Many investors have been buying out of the money calls on gold and oil to capitalize on the coming collapse of the dollar. Selling out of the money December or January calls on USO or UGA  looks attractive while the others hope and wait for an apocalypse. – Surly Trader Blog
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Rep. Frank Plans Two Key Changes to Derivatives Bill – By SARAH N. LYNCH -  … said Wednesday he may tighten his over-the-counter derivatives bill to prevent companies from finding clever ways to skirt the clearing and trading rules.  In addition, Mr. Frank said he is planning to change the proposal so the burden is on federal securities and commodities regulators, and not on clearinghouses, to decide which swaps can be cleared. – Wall Street Journal 

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Reverse Repos Spook The Market – Alexandra Zendrian -  The Fed wants to test its tools for taking liquidity out of the banking system. Some stock investors think it’s too soon. – Forbes