The auto sector showed a little life in March with the help of incentives. For the month auto sales were 1,533,520. This beat March of last year by about 80,000 units and even allowed Q1 of 2014 to better Q1 of the previous year. Q1 2014 was about… → Read More
SiriusXM To Announce Q1 Results
SiriusXM announced today that it plans to announce first quarter 2014 financial and operating results on Thursday, April 24, 2014. The company will hold a conference call at 8:00 am ET on Thursday, April 24, to discuss these results. SiriusXM typically announces results prior to the market open. This… → Read More
SiriusXM Up On Big Volume
SiriusXM saw a nice move up today on big volume. Over 165 million shares changed hands with the equity taking out $3.30 with authority. There was no real test of $3.43, but after the last few months of relative weakness, these signs of life are very welcomed. The… → Read More
SiriusXM Testing $3.30’s On Volume
SiriusXM is testing a weak resistance point on high volume. The real test happens at $3.43, but this action is positive. Key element for the day is a close above $3.31. Stay Tuned
SiriusXM On The Cusp
We have one caution flag gone, and another is just about to disappear. The equity is on the cusp of wanting to turn bullish. Volume looks good, and the volatility of the Liberty situation seems to have settled down. I wish that I could say that a breakout… → Read More
Avis and Budget to Offer SiriusXM on Most Rentals
Avis Budget Group, Inc. has announced that SiriusXM is now available to a majority of Avis Car Rental and Budget Car Rental customers via factory-installed satellite radios. The new offering will give customers easy access to satellite radio… for a price. Previous to this development, Avis and… → Read More
SiriusXM removes A Caution Flag – Bottom?
For the first time in a while we have a glimmer of light with SiriusXM. The trading action today removed a warning flag from the EMA chart! Yes, you actually read that correctly. It seems like SiriusXM has been on a negative slant for months. This is the… → Read More
This Week on SiriusXM – 50 Cent, Billy Joel, Perri Peltz, and Pele
This week on SiriusXM will kick off tonight at 8pm with a special Town Hall featuring rapper 50 Cent. The show can be heard on Shade 45, where 50 will discuss, promote, and give listeners a sneak peak of his upcoming album, Animal Ambition, which is scheduled for… → Read More
SiriusXM – Volume Slowing Down – Bottom?
Volume is still well above average but is drying up each day. Are we near a bottom on this equity? In my opinion the answer is yes. At this point SiriusXM is oversold and undervalued. The company story is not that sweet in the shorter term, but the… → Read More
SiriusXM Ramps Up Used Car Initiative With AutoManager
SiriusXM today announced that it is now working with AutoManager, which has 4,600 auto dealers using its dealer management products, to easily enroll independent and franchise dealers to participate in the SiriusXM Pre-Owned Vehicle Program. Essentially the company is outsourcing this project to a company that, in theory,… → Read More