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.

Daily Trades for January 9, 2018

Here is today’s updated list including new buys, sells, short sales, cover shorts, and updated stops, as well as performance metrics for this month. Market Update Pro subscribers click here to download the report. Not yet a subscriber? Try the Market Update Pro including Daily Trades risk free for 90 days. If, within that time, you…

Your Quick Guide to the “Perfect Storm” That Could Cause A January Recession

Over the past few weeks, I’ve written a number of articles about why stock prices are due to take a nosedive soon.

I’ve had my eye on January for some time because a confluence of factors are all coming together in Q1 2018, creating a “perfect storm.”

The Fed is not known for its powers of early recognition. The next recession, whenever it comes, will be well under way before the Fed gets a clue. Officially it takes 2 quarters in a row of falling GDP for the NBER to call an official recession. By the time that second GDP report comes out a recession will have already been under way for 7-9 months. The Fed wouldn’t loosen policy until at least then. With no economic slowdown even in sight, it is virtually certain that tightening money will be with us at least through most, if not all of this year.  

That’s plenty of time for tight monetary policy, which the Fed euphemistically calls “normalization,” to cause considerable damage to stock prices. It hasn’t started yet, but a series of red flags in the first quarter suggests that that time is coming.

Here’s your quick and dirty guide – and what to do to prepare

The post Your Quick Guide to the “Perfect Storm” That Could Cause A January Recession appeared first on Lee Adler’s Sure Money.

Market Blows Out In Massive Buying Orgy

The market broke through multiple uptrend channel lines last week, including a couple that were long term. Here’s what it means. Market Update Pro subscribers click here to download the report. Not yet a subscriber? Try the Market Update Pro including Daily Trades risk free for 90 days. If, within that time, you don’t find the…

Daily Trades List for Monday, January 8, 2018

The selection algo generated 13 potential longs and 2 possible shorts on Friday. I have added 2 longs and no shorts to the list. After trades closed out, there will now be 17 open longs and 2 open shorts. Here is today’s updated list including new buys, sells, short sales, cover shorts, and updated stops,…

Daily Trades List for January 5, 2018

The selection algo generated 23 potential longs and 14 shorts on Wednesday. I have added 1 long and 1 short to the list. After trades closed out, there will now be 16 open longs and 2 open shorts. Here is today’s updated list including new buys, sells, short sales, cover shorts, and updated stops, as…

The Tiny Little Straw That Could Break The Stock Market’s Back This Month

Ultimately, all financial roads lead to Wall Street. The big investment banks and trading firms known as Primary Dealers all play in one worldwide money pool. When the ECB prints money, it’s not just available to Europe, it is also instantly available to Wall Street.

Growing European bank deposits have always strongly correlated with US Treasury note prices. However, that correlation has broken since mid 2016. Instead, European bank deposits have correlated strongly with US stock prices. That suggests that capital flows from Europe have been a key support to the US stock market rally.

European deposits have grown as the ECB has pumped trillions of Euros into their banking system. Deposit growth has not kept pace with the growth of the ECB’s balance sheet. This also suggests that money has been leaving the Continent and heading to Wall Street.

But that could all be about to change…

The post The Tiny Little Straw That Could Break The Stock Market’s Back This Month appeared first on Lee Adler’s Sure Money.

Daily Trades List for January 4, 2018

The selection algo generated 31 potential longs and 7 shorts on Wednesday. I have added 1 long and no shorts to the list. After trades closed out, there will now be 15 open longs and 4 open shorts. Here is today’s updated list including new buys, sells, short sales, cover shorts, and updated stops, as…