SiriusXM closed at $3.70 on low volume. Usually this is a sign of either consolidation, or the drying up of a move and thus a reversal is due. Which way will SiriusXM go? The answer is not simple, but we also do not need to worry much either…. → Read More

SiriusXM Consolidating On Low Volume
Well, we want to see consolidation, but we also want to watch things closely. The new debt offering today is positive news and bodes well for future quarters. While I would love to say with a degree of certainty that this equity can hold the $3.70’s, I can’t…. → Read More

What Is SiriusXM’s Next Step?
We have seen a bit of a run, and on Friday saw the equity test some highs on lower than average volume. While there could be news, such as analyst upgrades that would compel this equity higher, the technicals are pointing to a break at some point in… → Read More

SiriusXM Sees Modest Run
Well, the call is over, and many records were announced. SiriusXM did run up a dime, but the volume was not very impressive. With just 65 million shares changing hands, it would appear that the buyers are not lining up out of the door. There is a compelling… → Read More

SiriusXM Poised To See New High’s
If you were a member of SiriusBuzz Premium you would not be at all surprised by this headline. Not only did SiriusBuzz Premium members enjoy the recent run from $3.05 to this level, they have been gearing up for the next run that will test and set 52… → Read More

SiriusXM Surges Into Close
SiriusXM looked as though it would continue consolidation today, but at the end of the day the volume spiked and the equity began to run. The run continued in the after hours session. This would seem to indicate that someone wanted in, and they wanted to wait to… → Read More
SiriusXM Stays The Same
If ever there was a day that I could simply say, “Read yesterday’s report”, this is it. Essentially everything is the same from a technical standpoint. The only thing I could possibly add is that time is ticking. I think this equity is getting ready to run. If… → Read More

SiriusXM’s Run Into Earnings
SiriusXM saw a mild walk up 4 cents on lower than average volume today. While this is not a run that instills a lot of confidence, the equity is setting up at decent levels. If, for some reason, we do not see a pre-call run, I think we… → Read More

Will SiriusXM Run Going Into Earnings?
SiriusXM continued its consolidation on Friday as options expired. The options market did not take the equity down to $3.50. The good news remains the development of some stronger support at $3.42 is still happening. I look for development of stronger support at $3.50 as well now. In… → Read More

SiriusXM – More Consolidation…Lower Volume
SiriusXM is still in consolidation. The volume dipped to 41 million shares. The good news is that the consolidation is working to build stronger support. We now have a moderate support point at $3.42. Just yesterday you would have had to go down to $3.23 to see that… → Read More