Investor News

March auto sales are in and while the month did not hit 1.5 million, they were at 1.45 million.  This represents the strongest sales month in years and in many ways points to an overall recovery for car makers.  Not all the news is rosy though.  The month… → Read More

March auto sales are in.  The tally for the month was 1,452,749.  This was slightly below Edmunds expectations, but still represents a good month.  Sales are about 50,000 units ahead of March last year.  Details, charts, and segment breakdown will be made available later. The SAAR for March… → Read More

While details are still not easy to come by, there have been settlement and stipulation talks between SiriusXM, Sound Exchange, and A2IM.  The settlement conference occurred between January 31 and February 4 of this year.  While all parties were involved in the discussion, only A2IM documents have been… → Read More

What can we say?  The equity is still stuck.  Today the equity closed down on low volume.  Going down on low volume is typically a signal that there is not much strength to the downside.  That does not mean that we should not remain cautious, but it does… → Read More

SiriusXM does not seem to be able to move.  Support is broken and the EMA’s are consolidating at $3.10.  The equity closed at $3.08 on moderate volume.  The price of the equity is below the 5, 13, 20, and 50 day EMA’s and just above the 100 day… → Read More

Another day and the story remains the same.  SiriusXM has remained range bound, but is this an equity that is stuck?  The answer is not easy.  In some ways it is stuck, but the stock is getting so coiled that at some point I am expecting a substantial… → Read More

Up a bit, then down a bit.  The story seems to be the same day after day with SiriusXM.  We have an equity that seems to want to run, but for whatever reason it can not.  I remain bullish in the longer term, and have a caution to… → Read More

On one hand we like to see the stock heading up.  On the other we want to see that move happen with volume.  That day will come, it is simply a question of when.  Looking at the technicals, I would expect that something compelling can happen in the… → Read More

Today’s post will be just a quick one.  Things are essentially the same as yesterday.  The volume is still not compelling, and the EMA are getting rather tight.  The spring is coiling. Volume Support and Resistance   Exponential Moving Averages  

SiriusXM moved up 3 cents today on volume similar to yesterday.  The move is positive, but there was little strength in it.  It would appear that once again the equity simply tested the 50 day EMA (it actually tested below) and then bounced back up.  Bear in mind… → Read More