Investor News

With only a couple of trading sessions left in the week SiriusXM now sits at $3.14 and within striking range of resistance at $3.18.  The volume was a bit light, but the story remains the same.  I remain bullish but am cautious of the lower than desired volume…. → Read More

It was almost exactly what I was looking for and called.  Almost.  The only missing ingredient is the volume.  Seeing the move up is great, but having it happen on volume would have been fantastic.  What this means is that we still need to be cautious of the… → Read More

A week to go until the quarterly call and SiriusXM seems to be barely trading.  Only 19 million shares changed hands today!  SiriusXM has not made a run toward resistance, nor has it really challenged support.  I am anticipating good numbers this quarter so I think that the… → Read More

With earnings about a week away and options expiration in the rear-view mirror will this be a week of recovery or one of setting up for lower lows?  If you can answer that question you will likely benefit from a 15 cent swing in one direction or another.  My belief… → Read More

The bad news is that SiriusXM has closed below $3.00.  The good news is that it happened on light volume and the equity managed to stay above the support level of $2.95.  The equity is definitely challenged, but longer term the fundamentals are strong.  It presents an interesting dynamic for investors.  I… → Read More

We have now seen volume move to just above average.  Unfortunately, SiriusXM was moving down when that happened.  What we have now are some very bearish signals in the short term, but in my opinion, a shift to bullish may be waiting in the wings.  We simply have… → Read More

No real movement today, and the SiriusXM story remains much the same.  The equity is still in a tight range, and still is not demonstrating strength in moves.  Critical levels remain at $2.99 and $3.09.  We essentially have a wall at somewhere between $2.95 and $2.99 on the… → Read More

Tax day and bombs exploding in my hometown of Boston.  I have had a busy couple of weeks anyway, but now am answering phone calls and texts left and right.  The update today with SiriusXM is interesting and there may well be impacts due to the macro situation and what… → Read More

Friday, SiriusXM gave up almost a dime on light volume.  The equity closed at $3.08 on almost 38 million shares.  In my opinion there is not really any  worry here, as the equity is within the ranges discussed.  Most dynamics remain the same.  This is why I like… → Read More