SiriusXM Flirts with Disaster – Avoids Dip

That 200 day EMA is not giving out very many warm fuzzy feelings as the holiday’s approach.  Today, we saw SiriusXM trade over 50 million shares and flirt with breaking the 200 day EMA in the early hours as well as the close.  The equity tested as high… → Read More

SiriusXM Gets Back Above 200 Day EMA

SiriusXM did something positive in getting above the 200 day EMA, and did this move on lower than average volume, and lower volume than the previous session.  It was good to see the volume dry up on the downward move, but the upward move, while nice, does not… → Read More

SiriusXM – Big Volume – Down and Recovery

There were over 80 million shares traded below the 200 day EMA.  SiriusXM dipped down as low as $3.38 before recovering up to $3.47 on the close.  Most of the day was spent at $3.46 to $3.48.  While this action may be frustrating, the key is figuring out… → Read More

SiriusXM Breaks Below 200 Day EMA

Things have gotten a bit ugly.  As we all know, there is no real catalyst for positive momentum on SiriusXM at the moment.  That does not mean that things are bad in the longer term, but it does mean we have no real fundamental or technical reason to… → Read More

Bullet Point – SiriusXM Takes A Dip

Watch closely here.  The equity has made a sharp dip to $3.63 on volume that is already at 8 million shares.  If support at $3.60 breaks, we could see it walk down to $3.50…Proceed with caution

SiriusXM Shows Bear Signs

You just gotta call what you see…even if you do not like it.  On a day when the Dow, NASDAQ, and S&P are all in the green, SiriusXM finished in the red on volume higher than the previous session.  The silver lining is that the volume was not… → Read More

SiriusXM Keeps It Close To The Vest

SiriusXM closed out the week with a close at $3.69.  The stock price remains tight while consolidation happens.  Volume was lighter than normal, but higher than the previous session. SiriusXM is very sensitive to the overall market at the moment, as there are few company drivers to look… → Read More

SiriusXM Down On Low Volume

When I see an equity down on low volume it typically tells me that investors are not running for the exits.  Instead, the interest in the equity is minimal and that those that are in are are not selling while those that are not have not seen a… → Read More

SiriusXM Almost Held The Line

The overall economy and markets impact established equities.  SiriusXM is not immune.  The equity closed at $3.72, and while it did indeed dip below the strong support and resistance level of $3.74, it did hold the line at the 100 day EMA.  The key here is holding that… → Read More

November Auto Sales Are In

November auto sales in the United States tallied in at 1,242,047.  This is a respectable number that is up a bit over 8% from 2012.  The tally year to date is just shy of 14.2 million, meaning that we will need to see December deliver 1.3 million to… → Read More