SiriusXM Showing Signs of Life Headed Into Quarterly Call

This is not the prime position to be in, but it is the hand we are dealt.  SiriusXM is showing some potential signs of life headed into the quarterly call this Thursday.  From a technical standpoint SiriusXM is on a bubble.  If the quarterly call is well received,… → Read More

SiriusXM Bounces Off Of $3.00

It was a precarious dip for sure.  SiriusXM touched $3.00 today.  The equity did bounce and recover, but the confidence of investors has to be shaken at this point.  Just 3 months ago some were clamoring for Liberty Media to up its offer to something over $4.00.  As… → Read More

SiriusXM Treads More Water

It is what it is.  SiriusXM is not really moving up, nor is it moving down.  The bright side at the moment seems to be that we are not in the $2’s.  The fact that the equity has held the $3 line should give a bit of confidence… → Read More

SiriusXM Notes Get Upgrade

SiriusXM today announced that the ratings on the 5.25% Senior Notes due 2022 issued by its subsidiary, SiriusXM Radio Inc., have been upgraded to investment grade by both Standard & Poor’s Ratings Services and Moody’s Investors Service. “The upgrade of the ratings on the Notes to investment grade… → Read More

Ugly SiriusXM Technical Event

I know that many will not want to see, hear, or speak about this, but it has happened.  SiriusXM’s 100 day Exponential Moving Average (EMA) has crossed below the 200 day EMA.  This is a bearish event, and could not happen at a worse time for this equity…. → Read More

SiriusXM Can’t Get Out Of The Muck

Over 100 million shares change hands and SiriusXM stays stuck in the muck.  What is it about a company that can generate the cash flow that SiriusXM can that has investors so gun-shy?  My answer is that the street saw SiriusXM as a better play in the hands… → Read More

SiriusXM Stabilizes On Volume

The equity is not where we want to see it, but I suspect that many longs are happy that this equity moved up today on big volume even if the price is still scary low.  SiriusXM is hovering in the low $3’s and it will be an interesting… → Read More

SiriusXM Retreats Toward $2’s

I had a death in the family Thursday Evening.  I have been traveling.  The funeral was today, and I am now back home.  Today SiriusXM did not fare well in the market.  We had above average volume and the equity was down substantially.  the EMA chart is all… → Read More

March Auto Sales Show Upswing On Incentives

The auto sector showed a little life in March with the help of incentives.  For the month auto sales were 1,533,520.  This beat March of last year by about 80,000 units and even allowed Q1 of 2014 to better Q1 of the previous year.  Q1 2014 was about… → Read More

SiriusXM To Announce Q1 Results

SiriusXM announced today that it plans to announce first quarter 2014 financial and operating results on Thursday, April 24, 2014.  The company will hold a conference call at 8:00 am ET on Thursday, April 24, to discuss these results.  SiriusXM typically announces results prior to the market open.  This… → Read More