Investor News

We saw SiriusXM trade in positive territory today on lower volume.  Essentially we are looking at an equity setting up the tightened coils.  In theory this is usually a set up for a bold move.  Typically a market catalyst or news item from the company can set the… → Read More

We got the volume we wanted, but we did not get the upward move.  Instead the equity dipped down.  The silver lining is that it did not break down to even offer a test of the strong support at $3.71.  On the negative side we saw the equity… → Read More

Today was a beautiful day.  It is always nice to see things falling into place.  We saw the recent upward trend confirmed, saw more volume, and saw the EMA’s shift to ALL BULLISH. What we are looking for now is continued upward momentum on continued higher volume.  We… → Read More

The August auto sales numbers came in just shy of 1.5 million units.  That is a massive number that we have not seen in years, and the implications bode well for SiriusXM.  There are several things to consider here: SiriusXM can report great gross additions on new car… → Read More

Wew are turning bullish.  SiriusXM saw a nice upward move, set up some good support and resistance levels, and removed the caution flags from the EMA’s.  For long time readers, the signs are clear, but newer readers will want to note a few things.  I have long stated… → Read More

Auto sales in August will certainly help SiriusXM.  August has been the best month for auto sales not only this year, but in several years.  All told there were almost 1.5 million cars sold last month, a number well above that which allows SiriusXM to have good quarterly… → Read More

The good news today is that SiriusXM closed on the right side of a key support and resistance level.  The bad news is that volume is still quite light, and until this equity can confirm the move with a bit of volume we are still not out of… → Read More

The kids are back to school and summer is over.  That is the good news.  The bad news is that as more traders enter the market, they may be betting on what is hot and what is not.  While the fundamental story of SiriusXM is sound, the technicals… → Read More

Whenever we have a see-saw, some nearby technical support levels can fluctuate rather quickly.  This is what we saw today.  The good news is that the strongest resistance point is now $3.63 and SiriusXM managed to close right at that level today.  One small step up and we… → Read More

The action today saw SiriusXM hold the line, but the EMA’s are still not pretty.  If we close in the $3.50’s tomorrow we will add yet another caution flag.  Don’t say you have not been warned.  The current base looks to be $3.50, but is the world news… → Read More