2013年10月23日星期三
beats by dr dre outlet the options close in midmarch
February 2013 new car sales expected to jump Last week, wall street caught a
case of the jitters over uncertainty regarding the federal government.On
wednesday, rumors were flying that the"Central bank may slow or stop its
stimulus policy sooner than expected".And some investors are concerned with the
new spending cuts deadline, the"Sequester fiscal cliff", on beats by dr dre studio pro March 1.Many
stocks fell, including Sirius xm(Siri), which has been flipflopping since the
first of February.In february for an estimated seasonally adjusted annual
rate(Saar)This month of 15.5 million light vehicles.The projected sales will be
a 14.9% increase from January 2013, and a 4.3% increase from February 2012. And,
the manuFacturers that are expected to be up higher than the industry average,
are"Sirius Friendly"Companies.General motors(Gm), Ford(F), Toyota(Tm), and
Chrysler Group are not only predicted to be up, but they are expected to take
the lions share of the market for February.Gm has negotiated a contract with
sirius that will be implemented in q4, and is expected to be very lucrative for
the satellite radio giant.Ford currently offers the radios on 13 of its most
popular cars and trucks, and toyota just announced it will be expanding its
sirius factory installations on its new models.And chrysler was the first car
company to offer sirius 2.0 to its customers, in an exclusive deal last year.
Although the share prices of those car companies have not enjoyed the same gains
that sirius has, there is a correlation in the pattern of ups and downs on the
chart, compared to the s 500, which has a completely different pattern.A lot of
the automobile company losses are due to international sales, versus sirius
which only operates in north america.However, as i mentioned in a recent
article, this might change.Power and associates. "Average transaction prices are
up, incentives are stable, leasing is at a healthy level and newly redesigned
models continue to make an impact on the marketplace. "The auto research firm
estimates that february auto sales will reach nearly 1.2 million, about a 7%
increase from the same month a year earlier.It will be the fourth consecutive
month with the annual selling rate at or above 15.2 million vehicles. Chatter on
the financial sites show that investors are questioning whether the share prices
are at the bottom;Or will they continue to head down into a bear market?Sirius
may make a move either up or down this week depending on what sirius ceo jim
meyer, has to say when he speaks at the morgan stanley technology, media and
telecom conference in san francisco, ca, this tuesday.Obviously whatever he says
could have a dramatic impact on the share price, unless he has nothing new to
report. Keep in mind the company is in the middle of a $2 billion share buy
back, which, unless it has been completed, works better with a lower share
price.If that is the case, the price may dip a little lower until after the
first march, when it will start back up again.Because(1)There will be less
uncertainty about the sequester by then, and(2)Due to historically high short
positions, buying pressure should send the price up until beats by dr dre outlet the options close
in midmarch.Unless you have guts of steel, i suggest holding, with your finger
on the trigger as meyer speaks on tuesday. Source:Sirius xm:February 2013 new
car sales expected to jump Disclosure:I am long siri.I wrote this article
myself, and it expresses my own opinions.I am not receiving compensation for
it(Other than from seeking alpha).I beats by dre
pro have no business relationship with any company whose stock is mentioned
in this article. (More. )
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