$Echostar(ECHO.US) dipped slightly, $Echostar(SATS.US) basically didn't move—there's not much action in the satellite communications sector. The revaluation of spectrum assets and progress in cooperation with operators and launch providers are the core catalysts for such stocks, but there have been no new concrete announcements lately, so the stock price is stuck in a news vacuum.

Should we wait for the next announcement on spectrum transactions or cooperation before acting, or is this type of event-driven stock meant to just lie flat and wait? The answer is most likely the latter—before any specific milestones, for capital-intensive, event-dependent stocks like satellite communications, sideways movement is the default state.