Investor News

The term rebound is likely appropriate.  After all, the NBA Finals are in full swing. SiriusXM came roaring back from testing the 50 day EMA and closed above the 20, 13, and 5 day EMA’s.  This gives us all a bit more data to work with.  Essentially the… → Read More

While it seems to happen in the blink of an eye, if you look purely at the technicals there was warning signs.  The good news is that the reversal will give the same hints in many ways.  SiriusXM tumbled more than I would have thought but we do… → Read More

Well, today’s action made it happen.  Even if SiriusXM is in the market, it does not seem to be enough to hold up and support the equity at the moment.  SiriusXM went down today on higher than average volume.  It has broken through the 5, 13, and 20… → Read More

You would not know it by looking at the close, but SiriusXM tested the $3.30’s today.  The action today happened on higher than average volume, and the caution flags posted Friday did their job of outlining the risk side of the equation.  Despite positive headlines on auto sales… → Read More

Well, it had to happen at some point.  SiriusXM is testing lower levels.  While it is doing it on lower volume, the volume was higher than previous sessions we have seen recently.  There was volume at the end of the day, so I suspect our best friend (the… → Read More

SiriusXM rebounded today on lower volume.  It has held all bullish indicators and remains in a slightly bullish uptrend.  There appears to be strong support at just above $3.50 and the resistance at $3.60 seems to be gaining strength.  In my opinion, the equity is seeing what is… → Read More

Leave it to the macro-economic situation to throw a wrench in the works of a good build-up.  SiriusXM seemed poised to walk up, but alas, the caution took over and the equity retreated on higher than average volume.  Looking at the daily chart it appears that SiriusXM may… → Read More

Perhaps closing above $3.60 was too tall of an order for today.  Sirius XM did test a new 52 week high, but did not hold it.  The equity closed up a penny ($3.59), but was as high as $3.63.  I still feel that Sirius XM can walk higher,… → Read More

This might be a bit subjective, but given the trading action that the equity closed out last week with, I think we are poised to make a run at… dare I say it… $3.75.  It may take a few sessions, but this equity, thanks to the share buyback… → Read More

I highly suspect that SiriusXM is active in buying shares.  It is not that I am expecting the equity to go down, but the dynamics that have been happening support that thesis.  SiriusXM closed at $3.55 today on higher volume that is in the neighborhood of being average… → Read More