Elazar was launched in 2004 by Chaim Siegel and has served famous hedge fund clientele who demand a keen understanding of drivers of individual companies and financial markets. Chaim twice worked for renowned trader Steve Cohen of then-SAC Capital (now Point72). He was also a partner at JLF Asset Management which was funded by George Soros. Previously he was one of seven analysts on a $13B mutual fund at Morgan Stanley Asset Management. Elazar Advisors publishes its research into the Reuters/Refinitiv Institutional Platform and Factset where Elazar's earnings estimates are factored into the Street earnings numbers.  Elazar's research is used regularly by fundamental and algorithmic traders and investors at some of the largest mutual fund and hedge fund managers in the world. Chaim has been a 5-Star top ranked analyst in Tesla and other big cap tech companies. Try us with a  free trial here . All investments have many risks and can lose principal in the short and l

Government Tech Boom Upgrade Cycle Coming

Jared Kushner leads White House Office Of American Innovation

A major tech upgrade cycle is coming, this time from the government. Jared Kushner led a White House Office Of American Innovation meeting with top brass from the tech sector yesterday. 

Tech Spending Bill

cloud computing
They are moving through Congress to pass the Modernizing Government Technology Act which will shift $80B in annual spending to more modern systems including cloud services. The government will not only shift monies but will also add additional funds.

CNBC reported Mr. Kusher saying that government “systems are decades old” with two-thirds still legacy systems. CNBC also reported that President Trump’s director of strategic initiatives Chris Liddell said there is a “$1 Trillion opportunity over the next ten years.”

If this bill passes we are headed for a major government-led upgrade cycle. The government is already estimated to be about 20-40% of the total GDP spend.

Biggest Winners And Losers

The biggest beneficiaries are of course likely to be Amazon, Google and Microsoft. The biggest loser will likely be IBM who leads in government legacy systems. 

Tech Led Productivity Boom Coming

We recently reported that we think there is going to be a huge technology stock boom coming already anyway. Even though the Fed is scratching their heads wondering why productivity is so low, we think it's about to bolt higher.

If you consider the amount of automation and artificial intelligence being designed in to new products this stat below is about to take off.

More spending combined with a productivity jump can help further ignite this stock market rally led by tech growth rates reaccelerating.
tech boom nonfarm-business sector: real output per hour of all persons: productivity
St Louis Fed


There are still tons of bears in the stock market but the economy and earnings have been picking up. A technology stock tech boom can add more fuel to this bull market.

Also thanks for the great reports from Anita Balakrishnan of CNBC

Disclaimer: Securities reported by Elazar Advisors, LLC are guided by our daily, weekly and monthly methodologies. We have a daily overlay which changes more frequently which is reported to our premium members and could differ from the above report. Portions of this report may have been issued in advance to subscribers or clients. All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks. #in, $spy, ^GSPC, INDEXSP:.INX, CME Globex: ES

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