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.

Get out the Brooms

A very long overdue sweeping change is about to happen.Be prepared for it. Democracy Corps did a voter poll of 1200 Likely Voters in 50 Republican-held Competitive Districts. This was a NAMED candidate poll in REPUBLICAN swing districts, not a generic ballot national survey. Click here for complete Results Analysis. Some snips follow. Remember you…

Nobody Saw This Coming

Earnings are soaring, the few remaining bears have been discredited, the stock market has been making new highs, the housing bubble is headed for a “soft landing” and Goldilocks doesn’t have a care in the world. To top it off, BusinessWeek is reporting A Do-Nothing Fed Is Looking Less Likely. The notion that the Federal…

Signs of Exhaustion -WSE Pro

Broad market indicators and stock screen data weakened as stocks marked time on Thursday. The foreign central bank indicator dropped sharply and is on the verge of a sell signal. Overall 6 month cycle status in the screens tipped to the sell side for the first time since July 24. Click here to download complete…

Confessions by the Fed

If ever a case could be made to abolish the Fed and to let the market set interest rates, that case was made today. Ironically enough the case against the Fed was made by Richard W. Fisher, a current Fed Governor. Please consider the following speech: Confessions of a Data DependentFisher’s remarks before the New…

Acting Its Age

The market is in the 6 month cycle high time window, and it’s beginning to act like it. The majority of short term and intermediate indicators have gradually ticked to the sell side over the last few days. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk…

Fed Brinksmanship

The System Open Market Account (SOMA) reached the top of the 5 month flat channel and the underside of the 5% long term growth channel on Tuesday, before pulling back today. To maintain the 5% growth rate in the SOMA, the Fed will need to keep pumping through the top of the flat pattern. Otherwise…

Bellwether Update

18 leading bellwether stocks are hitting, or are near intermediate projections. The following charts show the status of 18 large cap bellwether stocks. The charts include 13-week cycle centered moving average projections (or 6-7 week if the 13 week cycle projection is not available). See the daily screens and Charts of the Day in the…

Tell Us What You Really Think?

On the heels of the doctored and often hazy corporate earnings reports, such as the Citigroup conference call “response” I blogged on earlier, it might be illustrative to do a check on what corporate insiders really think? The verdict seems to be that they are cashing out.

This is especially true of the financial names, and […]