Investor News

Early indications of March 2013 auto sales is that approximately 1,470,000 cars will be sold for a SAAR of about 15.5 million.  This would put quarterly sales at about 3,702,000, or 231,000 units better than Q1 of last year. Essentially the pace of 2013 is about 6.5% better… → Read More

SiriusXM closed down on lower than previous volume today.  In one sense this shows a lack of strength in the downward move, but the caution is that in recent weeks the low point in volume has been about 30 million shares and that would be the point where we could… → Read More

SiriusXM held the line at $3.10, but did indeed test waters below that level.  Volume has returned to normalized levels, but the upward bias is still somewhat in tact because the overall fundamental story of this equity is still in tact.  What we have been experiencing is this equity… → Read More

SiriusXM closed up slightly today on what has been one of several days of low volume.  Just like the equity lacked strength to the downside yesterday, it lacked strength to the upside today.  Welcome to another foundation at about $3.15 from which we can build on.  One would… → Read More

SiriusXM gave up some price today, and while volume was lower than normal, it was higher than the day prior.  The equity showed two distinct drops on volume that was higher than at other points in the day.  The first volume spike took it down to $3.15 and… → Read More

We saw the equity trade down a penny on low volume today.  The equity did no real meaningful test of support or resistance and stayed locked in a narrow range where it seems few want to trade.  All of this despite the fact that SiriusXM’s David Frear spoke… → Read More

This is typically when a surprise happens.  This equity has been wanting to be bullish.  It has been wanting to test new 52 week highs.  It has been wanting to move.  One problem is that it has lacked the fuel to move.  SiriusXM is in need of a… → Read More

SiriusXM seems to be establishing a range.  After peaking and then retracing and then peaking again only to retrace, the equity seems to be slightly above the previously established range and established a new foundation above $3.20.  As investors we can not be comfortable here.  We need to… → Read More

SiriusXM seems to have crested on the bullish run and has given up a few cents on lighter volume.  Going down on light volume is not a strong move.  The question is whether we go adrift or are simply establishing a new range.  The key element today was… → Read More