Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor. 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 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.

Technical Trader

Stock Market Short Term Top But Not The End

by Lee Adler • November 10, 2019 • 0 Comments

Intermediate cycle projections rose to new levels. Here are the new targets and trading tactics.

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Federal Reserve QE New, Lee's Free Thinking

Today’s Fed QE, TOMO, and POMO AKA QE New

by Lee Adler • November 9, 2019 • 0 Comments

The Fed bought $15.7 billion in T-bills, notes, and bonds from dealers. That’s higher powered money because the Fed is actually cashing out the dealers. TOMO is just a loan to enable them to carry their fixed income inventories without having to liquidate at a loss.

And boy they took some losses last week.

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Liquidity Trader - Macro Liquidity- Fed and Banking, Liquidity Trader Complete

Surprise Surprise, The Fed is Buying Whatever The Treasury Is Selling

by Lee Adler • November 8, 2019

The Fed is taking up all new Treasury issuance, dollar for dollar. Must be a coincidence.

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Gold and Mining Stocks Trader

Mining Picks Holding Up But Gold Needs To Hold At This Key Level

by Lee Adler • November 5, 2019 • 0 Comments

7 of the 8 mining picks are gainers so far. One got stopped out. I’ve raised trailing stops on the others. There’s a key level…

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Federal Reserve QE New, Lee's Free Thinking

US Treasury Defecates – Held In The Bowels of The Fed

by Lee Adler • November 4, 2019 • 0 Comments

The Federal budget deficit is blowing out. Federal tax revenues are growing slowly, and Federal outlays are exploding. The Fed is monetizing the debt. Here’s why this is like the Boeing 737 800 Max.

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