Uptrend-buy
We Think $SIRI Has Some Sirius PotentialHonestly, I didn't even know Sirius XM was a publicly traded company until 6 months ago. Mainly because it's under $5, and I generally tend to avoid such stocks after getting burned in the penny stock world so many years ago. But SIRI is an interesting ticker, and one we recently acquired quite a sum of shares in for the long run, and by long run, I mean retirement.
We bought for multiple reasons, none of which revolve around Warren Buffet's company Berkshire Hathaway (BRK-A/B) increased stake in the company; although that can be a nice boost.
First, the company declared a quarterly dividend of $.01/share (.04/share/year). Granted, this is not a lucrative dividend amount by a long-shot, but it is one indicator of a fundamental shift in the company's long-term outlook to their business success. In essence, I like to see a company project confidence in their model by thereby rewarding their shareholders, even if it's a little. Oh, and that doesn't mean it won't grow in the future either.
Second it's maintained a nice technical uptrend, so we're at least going to ride it for a bit of the long haul. We've had two entries hit since the stock really started running.
Third, we don't like to speculate on the future of a company's capabilities or markets, but due to our knowledge of satellites, I find it interesting that SIRI is named as a potential contender in the "Connected Car". The possibilities of Sirius's S-band downlink being used as a secondary or tertiary backup link, or a data stream to the cars' ability to predict traffic and best routes possibly could be a market entry when the self-driving car technology gains a foothold. This would allow for contractual growth and a steadily grown curve of revenue.
For just a minute though, let's get a little crazier and speculate a little bit. Another interesting concept is Sirius' versatility and the company's placement's potential for scale. In reality, Sirius is a Satellite communications provider; it's just a one-way transmission to your car radio. But here's food for thought: satellite phone communications. At the moment, most sat phones are not even worth the average consumer buying due to the high cost of operation ($6/minute) and the infeasibility of carrying a brief case that holds the equipment. But when we looked at SIRI, we look at how other companies might be looking to scale, and how SIRI might do the same. We personally think that there's only so many cell towers one can build, and they only provide coverage in a certain area. Furthermore, the current satellite phone providers such as Iridium, Globalstar, and INMARSAT have a huge cost, and rightly so due to the amount of satellites they've put in orbit to maintain their service provision. But I think Sirius is a well-known consumer brand. Seriously. Ask any person on the street what it is and they'll likely tell you it's a satellite radio. Now tell that same person that Sirius is providing phone services to their iPhone/Android/Pixel. They probably wouldn't be very surprised would they? But how would SIRI do it? Possibly through a joint venture with a company like Google or Android since Apple is a competitor in the online music streaming business. If Google (NASDAQ:GOOG) were to come in, design a proprietary receiver/transmitter into the phone it'd be a win-win for both companies. Also, SIRI would be that service provider undercutting the competition SATCOM providers as well as terrestrial providers like Verizon (NYSE:VZ), T-Mobile (NASDAQ:TMUS) and AT&T (NYSE:T). Thus, Sirius would have then successfully expanded and would gain an insurmountable competitive advantage.
The transmission architecture could possibly be supported both through uplink communications to a leased COMSAT (cheaper than building a new one) or through the joint venture to build an entire new constellation. Not to mention, Sirius already has a terrestrial repeater network for their radio services (much like cell towers), and this could have a
A Gold Trade Gone Well*WE'VE ACCIDENTALLY BEEN PUBLISHING PRIVATE IDEAS*
The fundamentals for Gold is looking bullish, and our trade we made back in the beginning of February has performed well using our first draft of the FriendlyTrend Signal. Our initial 5x contract entry at 1221 is not at an above-breakeven stop loss, and the spike up w/ a close allowed for a 4x contract entry with a fill at 1249.
We'll trim off some profits at the 1280 mark if prices rice to that height. Otherwise, the stop loss is currently trailed to the 1222 mark and onward.
Check out our site on our Tradingview profile for more of our trades.
EURUSD Update: Watch 1.0719!This is a technical analysis to note key institutional levels, not a trade recommendation.
After bouncing just ahead of the 1.058 key institutional support level buying pressure is evident.
Focus is now on the 1.0719 key institutional resistance level.
A sustained break above it will clear upside with next key institutional resistance level at 1.0851.
Only move all the way back down to 1.058 will take pressure off the upside and put the focus on the downside.
FAQ
What is an institutional level? Put ten traders in a room and instruct them to note key support and resistance levels. No doubt some of them will locate the proper levels, but there will surely be discrepancies among them because finding key support and resistance levels is subjective. Large financial institutions like big banks and hedge funds employ technical analysts to avoid these uncertainties and to justify what specific levels will attract institutional money.
40 days 40 nightsWe held the daily trend, I think we're entering a consolidation period of about a month after which we will follow the Dollar pump some more.
Current long term target is around $930 spot.
USDCAD Potential Long TradeHello traders... I hope you've all had a good trading week thus far and didn't get hurt last week during the Brexit. Trading this week has been quite difficult with most pairs consolidating and recovering from the Brexit volatility, there hasn't been too many opportunities. With that being said though USDCAD is actually setting up for a nice buy going into next week. Many traders have been getting excited to short USD leading pairs with the slow sell off that occurred throughout this week, however I think that they will be surprised to see a rally next week. Based on the way price action is trading it looks likely that the dollar will close higher by the end of next week. We are expecting to see the 128500 - 128000 area to hold as support on USDCAD and IF it does hold as support we will look to buy this pair on the break of the down trend line. IF this trade does pan out as planned it may be very fruitful with a likelihood of price reaching fresh highs above 139... keep an eye out for it!
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GBPUSDThis is a long term outlook on GU. I'm expecting GU to touch the red downtrend line, if it breaks through I'm expecting it to reach the top of its current monthly key level zone around 1.49 From there it will move back down to around 1.34983 a previous low. Lastly going back up reaching the 38.2 fib level around 1.514 I'm expecting price to smash that wkly key level area and take GU into an uptrend.
This is my analysis of the pair to see how I am progressing in my understanding of forex while I work to become an #FxRegina.
Please use your own analysis.
DOW JONES OVERVIEW: NIKE IN FIRM UPTRENDNike is the best-looking stock from our Dow Jones overview so far
On long term perspective it trades firmly above upper 1st standard deviation from 5 and 10 year means - which means that long term uptrends are well in progress.
On short term basis the long term picture is confirmed by the slope of both 1-year and quarterly means.
The august selloff did not affect the picture dramatically and price has restored all its losses since then - it is trading above 1st standard deviation from 1-year mean (thus in yearly uptrend as well) and it also trades at the upper 1st standard deviation from quarterly mean, breakout above which will push NKE into quarterly uptrend as well!
GBPAUD 4 HOUR LONGPRICE HAS JUST MADE A HIGHER LOW WHICH LOOKS LIKE A GOOD OPPORTUNITY TO GET IN WITH THE UPTREND. THIS COULD BE A GOOD CHANCE TO GET IN BEFORE THE RBA STATEMENT ON TUESDAY. THEIR IS A VERY GOOD CHANCE THE RESERVE BANK OF AUSTRALIA (RBA) WILL CUT RATES WHICH WILL SIGNIFICANTLY WEAKEN THE AUSTRALIAN DOLLAR WHICH WILL CAUSE THIS PAIR TO APPRECIATE. THE REASON WHY IM PAIRING AUD WITH GBP INSTEAD OF USD IS BECAUSE THE US NFP CAME OUT BELOW 200K WHICH IS VERY BAD WHICH WILL CAUSE TRADERS TO SELL THE DOLLAR BECAUSE THIS NOW MEAN THE JUNE RATE HIKE IS DEFIANTLY OFF THE TABLE NOW. ALSO WILL BE HEAVY PROFIT TAKING. I AM EXPECTING A BEARISH SENTIMENT ON THE DOLLAR THROUGH OUT NEXT WEEK.
Blackberry Ltd -BBRY -Daily -Acting well and building for a moveKey Hidden Levels indicate that BBRY is having an easy time rallying and is set for a move higher, with a wide stop.
There is a Key Level up at 12.50 that I am targeting.
Buy dips to 10-9.80 and look for a move to a new 52-week high in the near future.
Earnings due 9/26
Tim 3:09PM EST, Thursday 9/11/2014 10.73 last BBRY
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