SiriusXM Dips – No Worries

For the last few days I have been speaking about consolidation and how healthy it is for this equity right now.  As nice as it is to see new 52 week highs, if we want to see these levels hold we need to have a good foundation.  Consolidation… → Read More

Looks Like Consolidation

How often do you look at an equity that has traded sideways and smile?  That is exactly what I did today.  We are seeing the classic signs of the consolidation that I was hoping to see.  It is happening at the higher end of my acceptable scale, so… → Read More

SiriusXM Quarterly Call Timed Perfectly

It could not happen at a better time, SiriusXM is conducting its Q2 conference call on July 25th, just a week and a half from today.  This could allow a few days of stock consolidation followed by a pre-earnings run-up.  Why am I expecting a run-up?  Because the… → Read More

SiriusXM Backs Off Of High

SiriusXM backed off another new high, but I am not terribly worried about the move.  All of this action…moving up to new high’s and then backing off, is happening on lower than average volume.  Yesterday I pointed out that there is a good argument for justifying these prices,… → Read More

SiriusXM In Uncharted Waters

Here we are at a 52 week high sitting in uncharted waters.  If you use this years guidance we are atabout the maximum on valuation.  If you consider EBITDA growth we are in a comfort range.  These will be interesting times.  I think that we could go either… → Read More

SiriusXM Up Yet Again – Justified?

SiriusXM is a mere three cents away from my 2013 realistic target of $3.75 and fifty five cents away from my “high pop” target of $4.25.  To see this happening in the summer gives me great confidence.  Things are looking great, but as usual we want to look… → Read More

Don’t Let Consolidation Scare You

SiriusXM Hit a 52 week High — Awesome!  Now the reality check.  It did it on lower than average volume.  This, in my mind, points to a serious chance of some consolidation happening.  Do not fear it… it’s healthy. Looking at the EMA’s, we have a 20 cent… → Read More

SiriusXM Shows Consolidation

The action today on SiriusXM was quite good.  The equity dipped down and then showed a recovery to close down just 1 penny.  This all happened on lighter than average volume, which would seem to indicate a healthy consolidation.  I was in hopes of seeing this test a… → Read More

Will Sirius XM Break Higher?

Whether or not SiriusXM will break higher is likely a question most of you readers are wondering right now.  My short answer is that there is potential to continue moving up, but consolidation could also be in order.  We saw a big move up on high volume, but… → Read More

Have You Tried SiriusBuzz Premium?

Did you miss the latest run?  SiriusXM is flirting with 52 week highs and is sitting in a very bullish position.  SiriusBuzz Premium members saw this move  coming in advance.  Consider this: Report For June 24 – SIRI Close Was $3.15 On Friday June 21  “It was looking… → Read More