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 New Highs?

AMD hit a new high today touching 15.68 which was its highest price since July 2007. A close above 15.65 would be a near term breakout telling you it can go much higher.

There are many headlines trying to attribute a reason to AMD's strength but there's only one main driver...

Earnings Are The Driver

Headlines can say what they want as to why the stock's moving today but its been a straight line since earnings were reported in late April.

Since their report April 25th the stock has been a rocket ship.

So, yes, AMD has had some good news since but that straight line means one thing, buying. And the catalyst for that buying was earnings.

Not only did hedge funds and institutions have to rework their numbers to something closer to our earnings estimates but the shorts were totally trapped.

After they reported April 25th we wrote, "Shorts are trapped" and that we had "big stock price upside" based on our earnings estimates which were way above the Street.

As you know we were bulled up ahead of that earnings report because of our way above Street estimates (here here and here).

Sorry To Say But Only 60% Upside To Go

On May 16th we wrote "No Joke 100% Upside From Here." Now there's only about 60% upside.  But that's using our 2018 numbers. We probably need to start using 2019 numbers. Uh oh.

So closing at a new high would be just one train stop on its way to $25. All-aboard.


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.

We are long AMD for a customer.

Sign Up To Get Select Tech and Market Calls From Us, Free To Your Inbox

Contact Us


Email *

Message *