Our recommendations for the Buyback Premium Portfolio center on a collection of five stocks that we believe, as a group, will outperform the market this month.

The Buyback Premium Portfolio has beat the S&P 500 by more than 72% since its inception (August 2, 2000)! It is up 54.87% since inception vs. a decline of 17.90% in the S&P 500. For the month of November, the portfolio gained 3.41% vs. a decline of 0.23% in the S&P 500.

Our recommendations at The Buyback Letter currently focus on a collection of five stocks that we believe, as a group, will outperform the market this month. So far, we have done well. Our Buyback Premium Portfolio is beating the S&P 500 by more than 68% since its inception (August 2, 2000). The portfolio is up 47.53% since inception versus a decline of 20.64% in the S&P 500 over the same time frame. For the month of September 2010, The Buyback Premium Portfolio gained 12.38% vs. a gain of 8.76% in the S&P 500.

So what's our New Premium Portfolio Recommendation? On October 1, we issued a sell recommendation on two stocks Coach (COH) and Health Net (HNT) at market. Now, we recommended using the proceeds and available cash to buy equal dollar amounts of the following two stocks at market:Family Dollar (FDO) and American Financial Group (AFG).

• American Financial Group Inc (NYSE: AFG) to report Q4 earnings; conference call at 2pm.
• Browne & Company Inc (NYSE: BNE) to hold conference call at 11:00am to discuss GCom2 Solutions acquisition.
• Immtech Pharmaceuticals Inc (AMEX: IMM) to hold conference call at 4:30pm to update its scientific and clinical progress and earnings.

• General Motors Corporation (NYSE: GM) to report Q4 earnings; conference call at 9:30am.
• Applied Materials Inc (NASDAQ: AMAT) to report Q1 earnings; conference call at 4:30pm.
• San Francisco Federal Reserve Bank President Yellen to speak at 11:05am to provide economic outlook.