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 September 29th. This is based on regular monthly revenu. In fact you will see my own real trades plus other possibilities to generate 20 - 25% growth every year no matter where the market is heading. More soon. Trading Range continues SP500 stayed in it's current trading range and is now at the high end of it. ND100 is the strongest of all markets with a solid uptrend going. DOW is also in a trading range. Mid term downtrend not resolved for SP500 and DOW. Trading Range continues Last trades update Index Market Current Price 2 weeks Change # cycles completed SP500 1484.25 10.26 2 ND100 2000.82 12.09 1 Dow 13443 85 2 SP500 Last Comment SP500 stayed in it's latest trading range (1435 - 1480) and is now at the high end of it. It stayed in that range for the last 4 weeks. Moving average is flat to slightly up and SP500 is near the upper band on the graphic. It is not overbought with RSI at 51. We are in the eight week of volatile and weak market conditions. The last mid term downtrend is not completely resolved for now. We can expect SP500 to set back in the coming week and get below moving average. With a lot of economic numbers coming out as well as interest rate directions tuesday we can have actions in both directions. Our 1380 support still stands well and should not be penetrated for a long while. 1380 is now our first support. 1325 is our next support. ND100 Last Signal Comment ND100 remains the stongest of all markets and continues in an uptrend. ND100 was the driving market in the recent recovery. It is now at the upper band on the graphic but not overbought yet with RSI at 56. However it was unable to establish new high in the current uptrend. We can then expect this market to set back in the coming week and go under the moving average. 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 also like SP500 got into a trading range between 13000 and 13400 and stayed in it for the last 4 weeks. It is not overbought with RSI at 52. It is presently at the high end of the trading range. However we can expect DOW to set back in the coming week near the moving average because of all economic news due in the coming week. 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 September 1350 and our September RUT PUT 710 are now in very safe profit territory with 13 week before expiration. With markets now in a trading range and volatility down we have every reason to see our best profit of the year be realised in 1 weeks. Since the selection of our strike price was excellent we are now able to hold position and we should cash in profit at expiration. All our portfolio shows a near 15% 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 2007/07/25 SPX PUT Uncovered Sell PUT uncovered September SPX 1350 SXY 1350 September 14160 700$ 50$ 630$ 2007/07/25 RUT PUT Uncovered Sell PUT RUT September 710 RUT 710 September 7515 630$ 100$ 530$ 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 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 PPI +0.6% -0.2% +0.9% +0.7% +1.0% +1.3% -0.6% +0.9% +2.0% -1.6% -1.3% Core PPI +0.1% +0.3% +0.2% 0.0% 0.0% +0.4% +0.2% +0.2% +1.3% -0.9% +0.6% Retail Sales +0.3% +0.5% -0.9% +1.5% -0.2% +1.0% +0.5% 0.0% +0.9% +0.6% +0.1% -0.8% CPI +0.1% +0.2% +0.7% +0.4% +0.6% +0.4% +0.2% +0.5% 0.0% -0.5% -0.5% Core CPI +0.2% +0.2% +0.1% +0.2% +0.4% +0.2% +0.3% +0.2% 0.0% +0.1% +0.2% Housing Starts 1.38M 1.47M 1.474M 1.506M 1.491M 1.51M 1.40M 1.64M 1.57M 1.486M 1.74M Building Permits 1.37M 1.41M 1.501M 1.429M 1.56(M 1.53M 1.568M 1.60M 1.51M 1.535M 1.638M Employment -4,000 +68,000 132,000 +190,000 +88,000 +177,000 +113,000 +146,000 +206,000 +132,000 +79,000 148,000 Durable Goods Orders +5.9% +1.9% -2.8% +1.1% +3.4% +2.4% -7.8% +1.9% -8.3% +7.8% Durable Goods Excluding Transportation +3.7% -1.0% +1.5% -0.4% -3.1% -1.1% -1.7% New Homes Sales +3.7% -6.5% -1.61% +16.2% +2.6% -4.0% -6.6% +12% +3.9% -4.0% Existing Homes Sales 5.75 Millions 5.76 Millions 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 ISM Index(Manufacturing) 52.9 53.8 56.0 55.0 54.7 50.9 52.3 49.3 51.4 49.5 51.2 52.9 ISM Services 55.8 55.8 60.7 59.7 56.0 52.4 54.3 59.0 56.7 58.9 57.1 52.9 Factory Orders +3.7% +1.0% -0.5% +0.5% +3.1% +1.0% -5.6% +2.4% +0.9 -4.5% -1.7% GDP(Gross Domestic Product) Numbers 2nd Quarter 2007 1st Quarter 2007 4th Quarter 2006 3rd Quarter 2006 2nd Quarter 2006 1st Quarter 2006 4th Quarter 2005 3rd Quarter 2005 +4.0% +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. Employment for august was down 4,000 way less than expectations and triggered a selloff that day. ISM manufacturing came in at 52.9 and ISM services was at 55.8 both quite inline with expectations. Retail sales were up 0.3% a bit less then expectations. With weakness now in employment as well as in real estate, credit worries and good control of inflation we might see rate decrease before the end of the year and possibly as soon as next meeting in September. Everybody is expecting a rate decrease next tuesday but don't be surprised if we get none or not as much as expected which could trigger a selloff that could last for a couple of days. The prime is still at 5.25 and could be lowered as soon as next September. The SP500 PE ratio is at 17.80 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 came near that level. This was the first bear market period since July 2002.