SiriusXM saw a nice move up today on big volume. Over 165 million shares changed hands with the equity taking out $3.30 with authority. There was no real test of $3.43, but after the last few months of relative weakness, these signs of life are very welcomed. The… → Read More
SiriusXM Testing $3.30’s On Volume
SiriusXM is testing a weak resistance point on high volume. The real test happens at $3.43, but this action is positive. Key element for the day is a close above $3.31. Stay Tuned
SiriusXM On The Cusp
We have one caution flag gone, and another is just about to disappear. The equity is on the cusp of wanting to turn bullish. Volume looks good, and the volatility of the Liberty situation seems to have settled down. I wish that I could say that a breakout… → Read More
Avis and Budget to Offer SiriusXM on Most Rentals
Avis Budget Group, Inc. has announced that SiriusXM is now available to a majority of Avis Car Rental and Budget Car Rental customers via factory-installed satellite radios. The new offering will give customers easy access to satellite radio… for a price. Previous to this development, Avis and… → Read More
SiriusXM removes A Caution Flag – Bottom?
For the first time in a while we have a glimmer of light with SiriusXM. The trading action today removed a warning flag from the EMA chart! Yes, you actually read that correctly. It seems like SiriusXM has been on a negative slant for months. This is the… → Read More
SiriusXM – Volume Slowing Down – Bottom?
Volume is still well above average but is drying up each day. Are we near a bottom on this equity? In my opinion the answer is yes. At this point SiriusXM is oversold and undervalued. The company story is not that sweet in the shorter term, but the… → Read More
SiriusXM Ramps Up Used Car Initiative With AutoManager
SiriusXM today announced that it is now working with AutoManager, which has 4,600 auto dealers using its dealer management products, to easily enroll independent and franchise dealers to participate in the SiriusXM Pre-Owned Vehicle Program. Essentially the company is outsourcing this project to a company that, in theory,… → Read More
Q1 Auto Sales Expected to be Flat Year Over Year
This may come as a surprise to some, but auto sales seem to have hit a bit of a rough spot so far in 2014. It is anticipated that Q1 auto sales will total about 3.677 million in 2014 vs 3.685 million for the same period a year… → Read More
SiriusXM – The Beatings Continue
Investors are certainly frustrated. An equity that many thought should be at $4.00 per share or more now seems capable of testing the $2’s! How can this happen? This happens when something that was potentially very good gets pulled off of the table. I know, some retail investors… → Read More
Why SiriusXM Was Down On Massive Volume
Even though the Liberty Media deal is now off of the table, there are forces still at work dealing with the shift. SiriusXM was down into the $3.20’s today on big volume of over 135 million shares. While some retail investors had no love for a deal with… → Read More
Previous Entries
