SiriusXM Still Hangs In

Despite the early departure of Art Bell, SiriusXM held it’s own.  That was tongue in cheek.  Art Bell is a talent, but the addition or departure of talent no longer is an equity driver.  The stock is all about the bottom line. SiriusXM closed at $3.72 today on… → Read More

Bullet Point – SiriusXM Testing 100 Day EMA

SiriusXm is testing the 100 day Exponential Moving Average at $3.71 on moderately light volume.  Should this level break, the next real support level is $3.61.  The action is not on volume that should be overly concerning, but remaining at these levels will likely bring an additional warning… → Read More

SiriusXM Complete Agero Deal

Agero, Inc., the leading provider of vehicle and driver safety, security and information services, today announced it has completed the sale of its connected vehicle services division to SiriusXM Radio (SIRI).   The deal can set the stage for SiriusXM to better leverage itself with the OEM channel,… → Read More

Art Bell Leaves SiriusXM

Art Bell, the radio icon that joined the SiriusXM line-up on September 16th is leaving the air after just a month and a half.  While passionate satellite radio fans may not want to hear it, his reasons for leaving boiled down to three main things: SiriusXM’s web player… → Read More

SiriusXM – Home On The Range

Well, it is apparent that we are indeed settling into a range with SiriusXM.  Volume today was 36 million shares and the equity closed at $3.79.  We have the technicals setting the stage for a bit more consolidation, and in essence, what we need to assess here is… → Read More

October U.S Auto Sales Data

October auto sales are in, and during the month we saw 1,203,259 cars sold.  This represents an improvement of about 110,000 units over October 2012, and a month over month improvement of 70,000 units.  Thus far in 2013, we have seen auto sales 12,954,066 vehicles.  Analysts anticipate the… → Read More

SiriusXM Offers Clear Reversal Signal

Now this is what I like to see.  SiriusXM offered up a clear reversal signal by closing up on above average volume.  Students of this site can already see what has transpired.  This is exactly why I follow more than one technical system.  I use volume to gauge… → Read More

SiriusXM Stays In A Range

SiriusXM closed up today on lighter volume.  The move appears positive, but is actually very neutral and not indicative of anything other than that we are possible sitting at a consolidation point.  It is possible that we test lower if we break the 100 day EMA at $3.73… → Read More

Positive Signs For SiriusXM

While it may not seem like much, that penny we were up today is a decent sign that we could indeed be at the bottom, or at least that we are looking much safer than we were a couple of days ago.  SiriusXM held the line on $3.70… → Read More

SiriusXM – Is Bearishness Done

We have had about a week of bearishness on SiriusXM.  Is it done?  That is the tough question.  Signs that we could be at a bottom are there.  We went down on lighter volume of 41 million shares.  That is showing that the downtrend is weaker.  We have,… → Read More