Here are seven (or so) links at 7AM Eastern. We will see you later with the daily linkfest. Good luck out there today.
Stock market volatility has come, but when will it go? (Crossing Wall Street)
Gold is a prime example of the unwinding of a momentum trade. (The Reformed Broker)
Why reading the headlines will often lead you astray. (A Dash of Insight)
The MF Global story is getting more complicated over time, not less. (Dealbook)
The Fed and market participants are searching for a better solution to clearing repos. (FT)
Now European banks have a collateral problem. (WSJ)
Small financial advisers could be put out of business by higher oversight costs. (Financial Adviser)