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

SPY ETF: Uh Oh, Jobs

Source
Jobless claims seem to be moving back up. Jobs are probably the most important economic datapoint for stocks.

That chart to the left means more people are out of work. That's not something you hear about in a bull market. It's a change.

If the S&P 500 ETF (NYSEARCA:SPY) breaks 273, I think we're headed to 270.

I hated yesterday's weak close too. I don't like today's whippiness either.  Something may be changing out there.

After a huge run and some market dynamics in motion, we advised to hedge out.

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