Automotive headlines roared today with such titles as “Auto Makers Likely To Report Improved US Sales For January” and ”Auto Sales May Reach Second-Fastest Rate in 17 Months.” With results pending, J.D. Power raised its full-year sales estimates to 13 million from 12.8 million. Edmunds is forecasting total sales of 816,000, yet as one poster on the...
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When Moses ascended the mountain to meet God, the people grew restless while waiting. Over the thousands of years since, nothing has changed so far as the patience level of people goes. Investors in Sirius XM Radio perceive the company to be eerily silent, while reports of growing short interest begin to chip away...
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Here is what is presented as good news. On the surface it might seem someone needs to tell Main Street that their misery must be all in their head. (Before you go off on me, I’m being sarcastic.) Here is the evidence, provided by Business Insider: Actually, this measurement of recession and recovery is...
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This morning’s post is about ETFs. Over the year I found that ETFs tend to move slower than individual stocks but they also tend to follow a trend for a longer period of time. I used Barchart to screen for the ETFs hitting the most frequent new highs and lows in the last month...
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For whatever reason, even the Wall street Elite cannot understand the subscription model business. Both NetFlix and Sirius XM are leaders in this space. Both stocks are heavily shorted, as the naysayers with rabbit ears on their televisions and jugs of tap water in their refrigerators refuse to accept that consumers not only like, but prefer the products...
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It’s still early in the season, but we have a few notable purchases of Sirius XM Radio in the fourth quarter, to report on. In the last week, reported institutional ownership has ticked up slightly from 27.98% to 28.02%. The number of institutional holders rose from 306 to 308, and shares held increased by...
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