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.

To The Woodshed- WSE Pro

Slight losses in the market averages masked more serious deterioration in a number of individual stocks. While the homebuilders continue to defy gravity (no surprise there), a chain reaction of blowups in the subprime mortgage arena is starting to have an effect on mortgage bankers. A number of them are tanking, such as the widely…