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.

Market Plays Lazy Channeling Stocks Game

You already know that the rally has been sloppy. The numbers confirm that. It does not appear to have legs. Our trading portfolio is getting heavier on the short side after trailing stops took us out of several long trades. Bearish short term setups have increased on our broad based list of ETFs. Market Update…

General Motors- What is Seen and What is Unseen

This post is by Jimbo – a long time participant in the Capitalstool.com message board. GM looks awfully cheap at 6 times earnings and 5% dividend yield. Very tempting – Until you see the unseen and hear the two words “PENSION DEFICIT” for whom the stock bells toll. GM has 21 BILLION in unfunded pension…

Is It Time To Go Top Fishing?

SPX is still within its intermediate uptrend channel. Resistance is suggested just above 2400. Clearing that would open the way for a move to 2450.   But there are also faint signs of possible top formation. I’m holding the longs but adding a couple more shorts to our trading list. Market Update Pro subscribers click here…