Lee Adler

Withholding Tax Chart Belies Fed Fears, and Sends A Clear Warning To Bulls

Federal withholding tax collections went through the roof and excise taxes had solid gains in February. Here’s what this means for the economic data ahead, for the markets, and for your portfolio strategy. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and…

These Charts Show You Whether Fed’s Reversal Has Pre-Empted a Crash

The Fed announced at its January meeting that “they panicking” (apologies to Trading Places) and that neither rate increases nor the shrinkage of the balance sheet are on autopilot any longer. The Fed says it will adjust both as the economy and “financial conditions,” aka the stock market, dictate. Follow the money. Find the profits!Liquidity…

The Last Best Hope for Bearkind

The Fed is on crack, so it’s hard to follow Rule Number One: Don’t fight the Fed. We don’t know what the Fed will do, and neither do they.  The tape rules, and the numbers say that the market is going higher. Here are the charts and tables that show how much higher, and how…

If The Bear’s Glove Don’t Fit, You Must Acquit

The bear is near death. Here’s what to look for to determine whether he lives or dies, and whether you should be buying calls or puts for your next trade. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street.…