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

AMD Stock: Approaching Another Breakout

AMD stock is up almost 40% since it reported earnings April 25th. We're approaching another confirmational breakout which would mean much more to go for AMD's stock.

We've been calling for AMD upside, as you know.

On April 23rd ahead of earnings we said "Look out shorts" and on May 16th we pointed out another breakout of a key level. We're approaching a new breakout level. See the AMD chart below.

Approaching a New AMD Breakout Level

amd stock
13.68 is a new breakout level.  We drew arrows on the AMD chart to the left showing that this level contained breakouts of the past.

Closing above this level would be a confirmation AMD can go higher.

AMD Short Interest Not Down That Much

Our 2018 EPS numbers are about 60% higher than the Street for this year. Our numbers last quarter proved more correct than the Street and we think we're going to be better than the Street on AMD this year.

Since earnings the short interest is down 10% but still has about 20% of the float short. That's still a big number.  With technical breakout after breakout and 60% EPS upside potential this year, the combination of shorts and upside can continue to propel the stock.

Still Bullish.


All investments have many risks and can lose principal in the short and long term. The information provided is for information purposes only and can be wrong. 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. Model portfolio trades and positions are hypothetical to be used for directional analysis and ratings purposes. Elazar and its employees do not take individual stock positions to avoid front running and other potential customer related issues.

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