Friday, October 29, 2010 EST
Les Masonson’s (author of All About Market Timing), latest book  was published in May 2010 by the Financial Times Press titled "Buy DON'T Hold" Investing with ETFs Using Relative Strength to Increase Returns with Less Risk.

In the book financial consultant Les Masonson introduces readers to an easy-to-use investing strategy that delivers better returns than buy-and-hold  with less risk.  This book was written for self-directed investors who want to take control of their investment outcomes, rather than leave it to chance.

Masonson shows you how to regain control over your portfolios using low-cost, diverse ETFs selected with his unique Stock Market Dashboard. You’ll learn how to reliably identify market bottoms and tops, so you know exactly when to get in and out. When it’s time to buy, Masonson helps you choose the most suitable ETF market segments with the maximum profit opportunity. He spells out exactly when you need to sell, as well, to protect your hard-earned cash.

* Discover the powerful and accurate Stock Market Dashboard
* Eight “go/no-go” indicators that identify major market shifts in time to act
* The many advantages of investing in a select group of ETFs
* Choosing the right market segments at the right time
* Mastering the powerful relative strength analysis technique
* Your personal investing plan: a six-step roadmap for success
* How to avoid market downturns that will demolish your hard-earned gains, again and again
* How to use ETFs with momentum to improve your returns with reduced risk
* How to determine whether you are a conservative, moderate, or aggressive investor




Les also has a supporting website for the book which contains his Blog, FAQs, and other useful information to use the strategy in the book. Each week on Sunday, Les updates his views on the Stock Market Dashboard with commentary and charts. You can visit the site by clicking here.

About Les Masonson

Leslie N. Masonson, MBA, CCM, is President of Cash Management Resources, a financial consulting firm that he founded in 1987. Masonson's 40-year working career has spanned financial advisory services, trading, investing, banking operations, management, teaching, and cash/treasury management consulting. Most recently, for the past six years he was a Financial Advisor offering investment management services to retail clients. Much earlier in his career, he worked at three large banks for a total of 17 years as a Vice President at Citibank, an Assistant Vice President at Bank of America, and an Assistant Secretary at Irving Trust Company.

He has written more than 50 articles - interviews with traders, and product and book reviews - for numerous financial publications, including Technical Analysis of Stocks & Commodities, Active Trader, and Futures magazine. He has lectured on investing on several cruise lines including Crystal, Celebrity, and Norwegian. In November 2003, he spoke at the Intershow Online Investor's Expo, on "Successfully Trading Stocks for a Living." Masonson has been studying the stock market for more than 50 years. He has invested in mutual funds, stocks, options, futures, and commodities. Masonson has read more than 500 books on investing and trading, and he is proficient in technical analysis.

 

Monday, October 18, 2010 EST
Searching the database stocks that pay high dividends with a view to selling covered calls to enhance the returns revealed some interesting prospects.

In order to come up with results in an effective manner we searched for Covered Calls with at least a 2% return and stocks with dividend yields of 6% or better with an expiration of 11/20.

The goal is find stocks we want to hold long term, with great yields and enhance that yield by selling Covered Calls.

The first Covered Call that came up on the list was (FRO).  Frontline Ltd has a dividend yield of 10%, P/E of 13.65, and 3.48% out of the money (OTM) covered call with a ROI of 2% for 33 days.   The goal is for the call option to expire worthless and repeat the process again. 

The next Covered Call was for (ENP). Encore Energy Partners has a dividend yield of 10% and P/E of 25.  For the purpose of a long time hold we view the P/E as too high and starting to reach a growth company verse and buy and hold value play.

The complete list is shown below. More choices can be found by including all expiration months.

Sunday, October 17, 2010 EST
The Option Search Database stock selection was expanded to including the following:
  • Previously 1,750 Stocks. Now 2,758 Stocks and ETFs!
  • Previously 70,000 Covered Call & Naked Put choices now over 100,000!
  • Filter Search Criteria Expanded: Filter your choices by ETF, S&P 500 Stocks, NASDAQ 100 Stocks, or DOW 30 Stocks

Using the Sector drop down on expert search page is a great way to narrow your focus on a group of stocks.

For example, if you sell Covered Calls on Quality Large Cap stocks select S&P 500 stocks from the drop down as shown below. You can then add P/E Ratio of 5 to 20 to look for Large Cap Value stocks, or P/E > 20 for Large Cap Growth.

 

 
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