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.

Catch 22

Many of you have been asking for an update on the Florida housing scene from Mike Morgan at Morgan Florida. Although we chat several times a week, it has been hard to come up with a new angle given the steady deterioration in things. Hopefully the following post accomplishes the mission. It is an attempt…

NRF Black Friday Distortions

Over the weekend I received some taunts about how “great” Black Friday was. Bloomberg reported U.S. Shoppers Spend 19% More on Thanksgiving Weekend. Nov. 26 (Bloomberg) — U.S. shoppers spent 18.9 percent more over the Thanksgiving weekend than last year, kicking off holiday gift buying with purchases of discounted wide-screen televisions and clothes, the National…

Treasury Coming Up Short

by Steve Northwood The Treasury is coming to market for an additional $5 billion in the 4 week auction ($26 billion vs $21 billion maturing). That flys against what was expected. They had been expected to pay down some on the 4 week and cover their needs with a shorter term Cash Management Bill (CMB).…

WSE Pro Bellwether Update 11/27/06

The 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). These projections are meant to be guides only. They are moving targets, and can change from day to day. Their purpose is to…