SIRIUS XM SATELLITE RADIO NEWS

Welcome to groundhog day.  SiriusXM remains penned up in a narrow range on the verge of a move when news is announced.  The news the street wants, of course, is what is happening with Liberty Media.  Now, there are a lot of people that are critical of me… → Read More

The sounds of silence.  That is exactly what we have from SiriusXM just a day before Liberty media announces its quarterly report.  Two weeks ago I would have bet the farm that we would have heard something by now.  A week ago I would have doubled down that… → Read More

With both equities, the situation today is essentially the same as yesterday.  The points that have been presented of late still apply.  With SiriusXM we are looking to see what the company reaction will be to the Liberty Media situation.  With Arena, we have what appears to be… → Read More

I fear that range-bound is the operable word of not only the day, but the week as well.  I will say it again.  Until there is some news on the Liberty media front, this equity has a proverbial glass ceiling over it.  What can an investor do other… → Read More

Do not get too excited.  SiriusXM is getting a little more bullish, but there is still a proverbial cap on this stock due to the Liberty situation.  The equity removed a caution flag and a warning flag in the session on Friday.  That means that there are now… → Read More

It seems like a lot of work, but SiriusXM is inching into bullishness.  The equity closed right at the critical resistance point of $3.60 on volume that was higher than the previous session, yet lower than average.  Getting beyond $3.60 is a very bullish sign, but crawling past… → Read More

It is good to see a small positive sign in this equity.  Even though I would not characterize this as being something to celebrate, it is positive.  What it does is help to strengthen the support levels we already have.  We are still waiting to hear some development… → Read More

Can SiriusXM move up from here?  Is There a ceiling in place because of the ongoing situation with Liberty Media?  Does the silence from SiriusXM have investors on edge?  These are the questions investors are wondering about lately.  The answers are actually quite obvious if you take a… → Read More

The good news is that SiriusXM exhibited an ability to test slightly higher.  The bad news is that the equity closed down.  At this point it should be getting clear to investors that SiriusXM and Liberty are now essentially trading in tandem.  In one sence this is good… → Read More

SiriusXM is in a rut with some pretty big walls above.  It is not what we want to see, but it is the situation we find ourselves in.  We have some pretty big walls in the $3.60’s, and another set in the $3.80’s.  I know you may not… → Read More