In one of the most volatile months that has come and gone in a long time, and I have been around these markets since 1974, the monthly cash machine for May had a
$600.00 loss.

Considering the fact that if we would have held to expiration any of the following issues ( ACI or not sold iron condors on AMSC and SBUX, any one of those would have given us a profitable month, even with the gap down day that forced us out of FDX and RIMM.

Anyway, we are off to June and our current (5) positions are off to a good start, even after today's market run up at the close.

Please see MCM May portfolio results below and again in the PORTFOLIO section of the Monthly Cash Machine newsletter.

Initial MCM June watch list is below.

Reminder: Addition MCM June recommendations will be out this weekend, Saturday or Sunday.