Monday 7atSeven: trade simply

Here are seven (or so) links at 7AM Eastern.  Good luck out there today.

The supercommittee is set to fail.  (WSJ, NYTimes, FT)

What does the 20-month moving average say about the S&P 500?  (chessNwine)

Trade simply, some rules for trading success.  (Big Picture)

Change is coming to Spain, the stock market that is.  (Market Anthropology)

The surprising implications of a rise in oil prices mean on the economy.  (Econbrowser)

RIP, Teddy Forstmann, (Dealbook)

Week in review/preview

Be careful trading during a holiday week.  (A Dash of Insight)

A look at the state of the global markets at week-end.  (Global Macro Monitor, ibid)

The economic schedule for the coming week.  (Calculated Risk)

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