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 August 4th. 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 heading. More soon. Higher Volatility DOW broked over it's latest trading range while SP500 attempted to do so but came back inside it. ND100 continues in a slow uptrend. Higher Volatility Last trades update Index Market Current Price 2 weeks Change # cycles completed SP500 1534.10 3.66 1 ND100 2035.88 47.57 0 Dow 13851 239 1 SP500 Last Comment SP500 as expected touched and passed over it's high end of it's recent trading range(1540) but came back just inside. SP500 is even signaling a double top but considering the DOW and NASDAQ not in this situation at all we should not consider it at this time. SP500 is almost overbought with RSI at 62 and therefore could fall a little bit more like under the moving average. From now on as we approach the fall season we will see more volatility. Financial sector and utility sector remain weak affecting DOW and SP500 more than ND100. 1460 is our first support. 1380 is now our second support. 1325 is our next support. ND100 Last Signal Comment ND100 accelerated it's slow uptrend with good financial results from major firms. This sector is less affected by concerns over interest rates. It is now above the upper band and overbought (RSI at 77). So we can expect a small set back before any reattempt to new high. We can expect this trend to continue with short term set back once in a while. We can consider that our first support is now at 1720, our next support at 1450 and the next one at 1400. DOW Last Signal Comment DOW broked above it's recent trading range (13250-13700). DOW is near the upper band and is overbought(RSI at 68). So we can expect DOW to fall a bit further near the moving average before any attempt to resume the latest break out above 13700 in the coming weeks. Our first support is now at 12800 and our next support is at 12100. Special Option Strategy Update Please note that the email service to signal new trades update is now available. So all current subscribers will receive an email when a new trade is entered till end of september. Our August 1360 and our August RUT PUT 720 are in very safe territory at present time. It the coming week we might rollover to September. All our portfolio shows a near 10% plus value since beginning of march so far. Last signals review Go to the Trading Signals page to see how each current position is used in each portfolio. Go to the Options Trading History page to see trading history for each portfolio. Date Market Trade Type Description Symbol Strike Price Month Margin Amount Current Profit 2007/06/22 SPX PUT Uncovered Sell PUT uncovered August SPX 1360 SXY 1360 August 14160 560$ 160$ 400$ 2007/06/22 RUT PUT Uncovered Sell PUT RUT August 720 RUT 720 August 7515 315$ 100$ 215$ Always remember that you need between 12,000 and 15,000 USD margin for each contract. Click here to find the options trading signals page. Economic Current Conditions Table of Economic Numbers Economic Info June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 PPI -0.2% +0.9% +0.7% +1.0% +1.3% -0.6% +0.9% +2.0% -1.6% -1.3% +0.1% +0.1% Core PPI +0.3% +0.2% 0.0% 0.0% +0.4% +0.2% +0.2% +1.3% -0.9% +0.6% -04.% -0.3% Retail Sales -0.9% +1.5% -0.2% +1.0% +0.5% 0.0% +0.9% +0.6% +0.1% -0.8% +0.2% +1.4 CPI +0.2% +0.7% +0.4% +0.6% +0.4% +0.2% +0.5% 0.0% -0.5% -0.5% +0.2% +0.4% Core CPI +0.2% +0.1% +0.2% +0.4% +0.2% +0.3% +0.2% 0.0% +0.1% +0.2% +0.2% +0.2% Housing Starts 1.47M 1.474M 1.506M 1.491M 1.51M 1.40M 1.64M 1.57M 1.486M 1.74M 1.67M 1.795M Building Permits 1.41M 1.501M 1.429M 1.56(M 1.53M 1.568M 1.60M 1.51M 1.535M 1.638M 1.72M 1.747M Employment 132,000 +190,000 +88,000 +177,000 +113,000 +146,000 +206,000 +132,000 +79,000 148,000 188,000 121,000 Durable Goods Orders -2.8% +1.1% +3.4% +2.4% -7.8% +1.9% -8.3% +7.8% -0.50% -2.4% Durable Goods Excluding Transportation -1.0% +1.5% -0.4% -3.1% -1.1% -1.7% +0.1% New Homes Sales -1.61% +16.2% +2.6% -4.0% -6.6% +12% +3.9% -4.0% +5.3% -3.0% Existing Homes Sales 5.99 Millions 6.01 Millions 6.15 Millions 6.68 Millions 6.46 Millions 6.22 Millions 6.28 Millions 6.24 Millions 6.21 Millions 6.30 Millions 6.33 Millions ISM Index(Manufacturing) 56.0 55.0 54.7 50.9 52.3 49.3 51.4 49.5 51.2 52.9 54.5 54.7 ISM Services 60.7 59.7 56.0 52.4 54.3 59.0 56.7 58.9 57.1 52.9 57 54.8 Factory Orders -0.5% +0.5% +3.1% +1.0% -5.6% +2.4% +0.9 -4.5% -1.7% -0.6% GDP(Gross Domestic Product) Numbers 1st Quarter 2007 4th Quarter 2006 3rd Quarter 2006 2nd Quarter 2006 1st Quarter 2006 4th Quarter 2005 3rd Quarter 2005 +0.7% 2.5% 2.0% 2.6% 5.6% 1.7% 4.3% Inflation Numbers Year to year inflation according to core CPI is now at 2.2% and CPI at 2.7%. In the last 2 weeks we had several major economic news. See the table above for all numbers. Retail sales for June came in at -0.9% a bit disappointing. PPI for june came in at -0.2% and core PPI at +0.3% just above expectations. CPI for June came in at +0.2% same for core CPI. This was right at expectations level. Housing starts came in at 1.47 Millions and Builing permits at 1.41 Millions. Those 2 last numbers continue to show weakness in the real estate market. Real estate continue to decline. However inflation numbers are in control. Retail sales are not too strong. So we don't expect any rate hikes soon but on the other hand we don't expect either any rate decline. The prime remained at 5.25 Statement remains basicly the same except for possible rate hikes later this year if inflation picks up. The SP500 PE ratio is at 18.40 according to June results. Remember that when the last major economic cycle that started in march 2003 the PE ratio was at around 16. So we are just over the middle. Despite the fact the PE is not too high we will have to watch for a possible bear market in september-october 2007. Our last major bear market was on july 2002.