Day of Infamy II 1/7/21

This is an hourly chart of the ES- S&P 500 fucutures, 24 hour basis. As they say in my hometown of Philly, “Hard to believe, Harry.”

It’s like somebody took a bite out of the middle of the thing this week.


It almost made a new high while the US Capitol was under attack by a Nazi mob, a mob that the US Capitol Police allowed in, and allowed to roam freely, giving them minimal resistance. If the cops aren’t leading the violence against the American people, they are complicit in it.

More here.


Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish, and was lead analyst for Sure Money Investor, of blessed memory. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both sales, analytical, and trading capacities. Prior to starting the Wall Street Examiner I was a commercial real estate appraiser in Florida for 15 years. I was considered an expert in the analysis of failed properties that ended up in the hands of bank REO divisions, the FDIC, and the RTC. Remember those guys? 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. I'm not some Ivory Tower academic, Wall Street guy. My perspective comes from having my boots on the ground and in the trenches, as a real estate broker, mortgage broker, trader, account rep, and analyst. I've watched most of the games these Wall Street wiseguys play from right up close. I know the drill from my 55 years of paying attention. And I'm happy to share that experience with you, right here. 

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