Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor for 16 years and also work with David Stockman on his website, which I developed, and for which I continue to provide analysis and charts. I’ve had a wide variety of jobs, mostly related to finance for the past 40 years including a stint on Wall Street in both analytical capacities and sales. Prior to starting the Wall Street Examiner I worked as a commercial real estate appraiser in Florida for 15 years. I also worked in the residential mortgage and real estate businesses when I was young. I have been charting stocks and markets, and doing analytical work of various kinds, since I was a teenager. My perspective is not of the Ivory Tower. It is instead from the perspective of having my boots on the ground and in the trenches of the industries that I analyze and write about today.

Increasing Treasury Supply, Decreasing Demand, A Recipe for Trouble, But…

Treasury Auction Demand

Treasury supply will now be a negative factor for the markets through early June. This is unlike the late April, early May period where the Treasury was paying down debt thanks to the cash flows from April tax collections.

Free – Pro Trader Market Update Bulletin- Market Outlook Weakens Again

The market outlook weakened slightly again today, with new targets for short term and intermediate cycles. This is a free bulletin to update the Pro Trader Market Update posted May 15, 2016, part of a series of free reports that I’ll be posting as I recover from my emergency open heart surgery on May 3.…

Free Report- Current Federal Tax Collections Suggest A Bearish Economic Bounce

Real time withholding tax collections have been strong since I last reported on April 24. The nominal annual growth rate is now 6.6%%.  This has slightly broken a downtrend in these collections over the prior 7 months. But is that bullish? Click here to download report. This is part of a series of free Wall…

Free – Pro Trader Market Update Bulletin- Market Set Up For Bottom Failure

This is a free bulletin to update the Pro Trader Market Update posted May 15, 2016, part of a series of free reports that I’ll be posting as I recover from my emergency open heart surgery on May 3. Click here to download this bulletin. If you are a subscriber, these free reports will not be charged to…

Free Pro Trader Report- Here’s Where Stocks are Headed – Part 2

This is Part 2 of the Pro Trader Market Update posted May 15, 2016 (click to download). It is part of a series of free reports that I’m posting as I recover from my emergency open heart surgery on May 3. This report (click here to download) covers the Wall Street Examiner Pro Trader proprietary cycle…

Free Report- Here’s Where Stocks Are Headed Pro Trader Stock Market Update

This is Part 1 in the second of a series of free reports that I’ll be posting as I recover from the emergency open heart surgery that I had on May 3. Part 2 will be posted on Monday morning. If you are a subscriber, these free reports will not be charged to your subscriptions.…