Bullet Point – Volume Slowing

The early volume had looked quite positive, but over the last hour or so it has slowed.  It would appear that we will see moderate consolidation volume today.  It should not be a surprise.  At about lunchtime many are headed for the elevator and off for a long… → Read More

New Class Action Suit Against SiriusXM May Throw Wrinkle Into Used Car Market

In a new class action suit filed against SiriusXM, it is alleged that the company improperly uses license and registration data to send market materials to consumers without their consent.  The plaintiff is Randall Hall, a resident of Washington, filed suit early this month.  At issue is SiriusXM’s used… → Read More

MOG CEO Steps Down

It appears that SiriusXM’s Mel Karmazin is not the only CEO stepping down from an audio entertainment company these days.  In a surprise move MOG founder and CEO David Hyman is heading out the door.  MOG recently sold to Beats, the popular headphone maker.  Hyman’s move is effective… → Read More

Bullet Point – Good Volume

SiriusXM is trading narrowly above the support level at $2.77 on good volume.  It has not really made a hump up to $2.84, but the day is still early.  Watch the support at $2.77 closely and how the equity behaves at that level.  We could see a crest… → Read More

SiriusXM Technical Update – Interesting Technicals

Today the technical update is being made available to all SiriusBuzz readers.  These daily updates are typically for member of SiriusBuzz Premium, but the fact of the matter is that we value all readers and want to ensure that our regular readers get insights as well.  For details… → Read More

SiriusXM and The Overall Market

There can be nothing more frustrating than owning stock in a company that is performing well yet the action in the stock does not correlate with that success or potential.  Welcome to the global economy.  We are in tumultuous times right now and even the best companies are taking hits on the… → Read More

SiriusXM Canada Announces Dividend

In a surprise move SiriusXM Canada (XSR.TO) has announced a special dividend to be followed by regular quarterly dividends.  The special dividend will be C$0.0825 per Class A Subordinate Voting Share (“Class A Share”) and C$0.0275 per Class B Voting Share (“Class B Share”). In addition, the Company… → Read More

SiriusXM Removes Another Caution Flag

Well, this is the second trading day in a row that SiriusXM has removed a caution flag.  It is an an event that we can not ignore.  Remember, the cautions always make the first moves.  The wild card we have out there is Liberty Media with room to… → Read More

Bullet Point – $2.73 Is The Test

Watch the technical level at $2.73.  It is the test of a key resistance point.  We want to see the equity pass this on substantial volume.  If it bounces off of $2.73, it will likely range back down to $2.68 or so during the morning session.  We could… → Read More

Liberty Media Defended Price

Well, after the close on Friday we saw that Liberty Media was an active buyer this week.  I have an article pending publication on Seeking Alpha that you all will want to read. Essentially Liberty Media threw a wrench into the technicals with open market purchases of SiriusXM…. → Read More