The Index Trading Weekly Newsletter Is now accessible directly from an RSS Feed. If you have a My Yahoo account or an My Msn account go to the Weekly newsletter page to register and you will be advised immediately when changes occur on the site either with trading signals, weekly newsletter or any other changes on the site. You can also create a new entry in an RSS reader. Click Here to register for RSS Feed Please note that the next number will be February 24th. Please note also that the trading signals service will be completely revamped towards the end of february. It will replace the current options signals page. It will be oriented towards portfolio management examples. This is based on regular monthly revenu. In fact you will see my own real trades plus other possibilities to generate 15-20% growth every year no matter where the market is haeding. More soon. Uptrend reseumed SP500 broked above 1430 and resumed uptrend with almost no negative divergences. DOW is in the same pattern as SP500. ND100 is now in sideways pattern and also showing more and more the head and shoulder pattern which is not good news. Uptrend resumed Last trades update Index Market Last signal Entry date Entry Price Current Price Win / Loss 2 weeks Change # cycles completed SP500 Sell September 21 2006 1318.03 1438.06 -120.03 15.88 0 ND100 Sell September 21, 2006 1634.87 1785.53 -150.66 12.56 0 Dow Sell September 21 2006 11533 12581 -1048 93.81 0 SP500 Last Signal Comment Our current sell signal is way behind. SP500 managed to break out above resistance at 1430. Uptrend is resumed with almost no negative divergences. SP500 is near moving average and with an RSI at 59 which is neutral. Hard to forecast what will happen in the coming 2 weeks. It could go either way but if it goes down it should not go much lower than the lower band level at 1410 and give us a chance to enter. 1325 is now our first support. 1220 is our next support. 1170-1180 support level is our third support level. ND100 Last Signal Comment Our current sell signal is also way behind for now. ND100 continues to stay in a trading range and is now showing a head and shoulder pattern which is not too good news. It can touch the lower band and giving us a buy signal anytime now. We can consider that our first support is now at 1450, our next support at 1400 and the next one at 1320. DOW Last Signal Comment We are now way behind on the current sell signal. DOW continues it's slow uptrend without many negative divergences. RSI remains at 59 neutral. DOW is now near the moving average and could go either way in the coming weeks. If it goes down it should not go lower than 12360 lower band level where it would be good opprotunity to enter. Our first support is now at 10650 and our next support is at 10200. Special Option Strategy Update Our new SPX February PUT 1340 sold at 1.10$ is now at 0.30$ with 1 week before expiration. I don't expect any problem here. Always remember that you need between 12,000 and 15,000 USD margin for each contract. Short term Options This trading service will be replaced soon by a follow up on our new trading signals service. We will outline each trade and progress for each portfolio level as trades occur. You will also see how monthly revenu can accumulate over time without taking much risk. Click here to find the options trading signals page. Index markets may give us a chance in the coming 2 weeks since they are near moving average at this time. BBH is not too far either. We now have new target numbers for all our covered markets. See full instructions on options signals page for more details. Please use the link mentionned above to see the target numbers. Check every day on the page to see if the numbers are changed. Of course we are far from a possible entry for now but we never know. Economic Current Conditions Table of Economic Numbers Economic Info January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 Juin 2006 May 2006 April 2006 Mars 2006 February 2006 PPI +0.9% +2.0% -1.6% -1.3% +0.1% +0.1% +0.5% +0.2% +0.9% +0.5% -1.4% +0.3% Core PPI +0.2% +1.3% -0.9% +0.6% -04.% -0.3% +0.2% +0.3 +0.1% +0.1 +0.3% Retail Sales +0.9% +0.6% +0.1% -0.8% +0.2% +1.4 -0.4% +0.1 +0.8% +0.6% -1.4% +0.7% CPI +0.5% 0.0% -0.5% -0.5% +0.2% +0.4% +0.2% +0.4% +0.6% +0.4 +0.1% +0.7% Core CPI +0.2% 0.0% +0.1% +0.2% +0.2% +0.2% +0.3% +0.3% +0.3% +0.2 +0.1% +0.2% Housing Starts 1.64M 1.57M 1.486M 1.74M 1.67M 1.795M 1.85M 1.953M 1.863M 1.96M 2.12M 2.28M Building Permits 1.60M 1.51M 1.535M 1.638M 1.72M 1.747M 1.869M 1.946M 1.98M 2.06M 2.15M 2.22M Employment +111,000 +206,000 +132,000 +79,000 148,000 188,000 121,000 124,000 92,000 126,000 200,000 225,000 170,000 Durable Goods Orders +1.9% -8.3% +7.8% -0.50% -2.4% +3.1% -0.3% -4.7% +6.1% +3.4% Durable Goods Excluding Transportation -1.1% -1.7% +0.1% +0.5% +1.0% +0.7% -1.1% New Homes Sales +12% +3.9% -4.0% +5.3% -3.0% -4.5% -3.0% +4.6% -4.9% +18.0% Existing Homes Sales 6.22 Millions 6.28 Millions 6.24 Millions 6.21 Millions 6.30 Millions 6.33 Millions 6.62 Millions 6.67 Millions 6.75 Millions 6.92 Millions 6.91 Millions ISM Index(Manufacturing) 49.3 51.4 49.5 51.2 52.9 54.5 54.7 53.8 54.4 58.9 55.2% 57.2% ISM Services 59.0 56.7 58.9 57.1 52.9 57 54.8 57.7 60.1 63.0 56.8% Factory Orders +2.4% +0.9 -4.5% -1.7% -0.6% +1.2% +0.7% GDP(Gross Domestic Product) Numbers 4th Quarter 2006 3rd Quarter 2006 2nd Quarter 2006 1st Quarter 2006 4th Quarter 2005 3rd Quarter 2005 3.4% 2.0% 2.6% 5.6% 1.7% 4.3% 3.3% Inflation Numbers Year to year inflation according to core CPI is now at 2.7% In the last 2 weeks we had several major economic news. See the table above for all numbers. ISM manufacturing for january came in at 49.3 lower than expected and ISM services came in at 59 higher than expected. Employment for january was at 111000 quite inline. Factoy orders for december were up 2.4% a bit lower than expected. GDP for 4th quarter 2006 was at 3.4% a bit better than expected. All numbers show some equilibrium in the economy and it seems like for the first time in history a soft landing was successfull. FED will be forced to keep rates the way they are for quite a while. The crude is now back near 60$ because of the recent cold period. It is not too good for the market. The prime is still at 5.25. With latest readings on employment and retail sales we can start to say that rated decreases are quite far for 2007. The SP500 PE ratio is at 18.30 according to september results. Remember that when the last major economic cycle that started in march 2003 the PE ratio was at around 16. So we are in the middle. Despite the fact the PE is not too high we will have to watch for a possible bear market in march april 2007. Our last major bear market was on july 2002.