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.

The Sow Jones Fraudex

I saw an interesting chart on another blog today about the Dow and its CONponents. I covered this before (on the Capitalstool.com message boards), but the divergence is really one for the books. Not that it matters, of course. Purely an academic exercise.

No Newton’s Law For Stocks

Friday’s action kept the market pinned to the top of a minor trend channel, but data from cycle based stock screens indicated underlying weakening. Centered moving average projections remain slightly above current levels, but the deterioration in the screens suggests that a downturn may be just around the corner. Click here to download complete report…

Another Scam Week In The Books

by Lee Wheeler 
Another scamweek is in the books. For the record, the Spooz were green all five days last week for a +20 point gain.
Since August, the SPX has been green on 18 of the 20 days during scamweeks for a net gain of 75 points. In the 14 weeks since the Aug low of […]

Red Tag Madness

Reuters is reporting California auto sales seen slowing through 2007. Auto sales in California, the largest U.S. market for cars and trucks, will slow for the rest of this year and next, a forecast released on Thursday by the state’s auto dealers association said. The report commissioned by the California Motor Car Dealers association forecast…

Pushing The Envelope

Centered moving average projections rose as the market averages cleared a key resistance zone. There’s a shorter term resistance line around 1404, which, if broken, would suggest a move to the 1415 area in the short run. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free…