Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also provide analysis and charts for David Stockman's Contra Corner which I developed for Mr. Stockman. I’ve had a wide variety of finance related jobs in the past 44 years, including a stint on Wall Street in both analytical and sales capacities. 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 in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. My perspective is not of the Ivory Tower. It is from having my boots on the ground and in the trenches of the industries that I analyze and write about today.

New Long Term Cycle Projections Bad News For Bears

A significant intermediate term correction is due in the second half of this year, but long term projections say it won’t lead to a bear market yet. Here’s what could put bears in charge at least for the second half of 2017. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle…

Wait Till This Year!

The SPX extended its breakout above multiple trendlines from 2405 to 2430 . It has reached the next resistance area around 2440-70. Here’s what to expect along with a few suggested trades. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format. Not yet a subscriber?…

Can Soft Breakout Be Sustained?

The SPX broke through a couple of trendlines at 2405 last week. It currently sits just above those lines.  The next area of resistance is indicated around 2422-35. Surpassing that would allow for a move to 2445-50, which would be the last line of defense for bears. There would be running room to 2550 above…