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.

Comin’ Round The Mountain

The market edged to another new high, and to within a hair of current centered moving average projections. Indications are mixed, with the market continuing to trend through intermediate sell signals. Short term indicators are mostly pointing higher, as are longer term indicators. Click here to download complete report in pdf format (Professional Edition Subscribers).…

Higher and Higher Baby

The market broke out to another new high on Wednesday. Even 6 month cycle indicators are now showing signs of being in trending mode, rather than rolling over. In a perfect world, that cycle would have peaked last week. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition…

The PPI, Gold, and Dr. Copper

On November 14 the BLS released the Producer Price Indexes for October 2006. Weak September data was followed up by even weaker October data. PPI Highlights Prices for light motor trucks fell 9.7 percent following a 3.5-percent gain in September. For 12 months ending October 2006 the index for light motor trucks fell 12.4% Passenger…

Consumer Credit Plunges

I have been waiting for the consumer to cave in for many months now. Given past reversals in consumer spending one must question if the latest downturn is the real deal or just another outlier. In case you are wondering what I am talking about….. Here goes: MarketWatch is reporting U.S. consumer credit down by…

Dead In The Water- WSE Pro- Real Estate

In spite of the recent mini-recovery in refis, purchase mortgage activity remains in the downtrend it has been in since June 2005. The refi recovery has been minimal considering the decline in both fixed and adjustable rate mortgages since the June peak in mortgage rates. Home sales are down and dead in the water. Click…