Investor News

SiriusXM can not seem to make the move needed to get into bullish territory.  It even tested the waters below the 200 day EMA today.  That is not good.  It is important that we keep $3.40 on the radar screen, because it is very likely the next critical… → Read More

We are above the 200 day EMA, but below the desired level of $3.60.  All signs point to closing out the year within this range.  The action has now built a resistance wall at $3.56.  Essentially, we have strength in the resistance above us and weakness in support… → Read More

This is why confirmation is key.  The action today demonstrated that this equity will range between the 200 day and the 100 day EMA’s.  We will now have a resistance at $3.60 and have to be cautious of breaking below $3.50.  Watch the volume!

Well, we only sort of held the line at $3.60.  Essentially, the equity gave it up, but stayed in the neighborhood all day.  In the end, “sort of” does not really help us get to where we want.  We now appear to be in a trading range that… → Read More

I hope all of you had a wonderful holiday.  The markets are open once again, and it is time to get down to business.  SiriusXM was up nicely on Christmas Eve on low volume.  The equity closed at $3.60 and has now managed to eliminate three caution flags…. → Read More

Happy Holiday’s everyone.  The good news is that SiriusXM has found a bit of support as the major holiday approaches.  The bad news is that we are not out of the woods just yet.  There is plenty to be confident about in the longer term, but the short… → Read More

With each passing day, I am more and more convinced that SiriusXM is buying up shares.  We simply have volume moving all over the place.  Today, the volume was higher than average, but well below what we saw yesterday.  SiriusXM drifted back down again, and even broke below… → Read More

I am, more and more, suspecting that these high volume days to the upside are days that SiriusX is buying back shares.  We traded 138 million shares in the action on Wednesday on what was essentially a no news day.  The good news is that we moved away… → Read More

If I had to place a bet on the question in the title, I would say that it will dip.  The volume was simply too high on this move to ignore.  At 95 million shares, this equity dipped with authority and strength.  There is nothing very compelling on… → Read More

SiriusXM is testing the low $3.40’s on higher than average volume.  Just yesterday I felt that $3.40 was in essence the risk side, but we now must consider the potential of what happens if this breaks.  If that happens, $3.30 could be in the cards.  Stay Tuned!