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Monday, November 02, 2009
Rick Aristotle Munarriz :: Townhall.com Columnist
5 Dates to Circle in November
by Rick Aristotle Munarriz
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Will the Dems' health care Christmas Present to America be an improvement or detriment to our health care system?


Will November be a time to give thanks?  

Beyond the gobble-gobble, the market has certainly given bullish investors a reason to be grateful with the monstrous rally that began in March.

However, news moves the financial markets, and this month will provide plenty of defining close-ups of Mr. Market. Here are a few of the days that I plan to approach with eyes wide open.

November 5
After months of scorching gains, it is time for Sirius XM Radio (Nasdaq: SIRI) to torch the skeptics with its third-quarter report. The satellite-radio provider has taken major steps toward profitability since completing last year's merger. Unfortunately, it has also suffered back-to-back quarters of sequential net subscriber declines.

Did Sirius XM's user base peak last year? A soft economy, horrendous auto market, and rollout of new fees and rate hikes have dealt the broadcaster some serious headwinds. New gadgets, smartphone apps, and this summer's Cash for Clunkers program should help.

I expect a small declinein net subscribers, though my fellow Fools are all over the map with their expectations.

The bottom line is that Sirius XM needs to show either marked cash-flow improvement or a turnaround in its net subscriber defections. It only needs to hit on one of those two goals. If it nails -- or fumbles -- both, you can expect some wild price swings later this week. 

November 10
Don't be surprised if diehard gamers call in sick to work or don't show up at school next Tuesday. Activision Blizzard 's (Nasdaq: ATVI) Call of Duty: Modern Warfare 2hits stores on the 10th.

A lot is riding on the game. It is one of Activision Blizzard's biggest franchises, and the stakes are even higher after September's disappointing releaseof Guitar Hero 5. If the plastic guitar genre is fading, Activision Blizzard is going to need the latest installment in its Call of Dutywar games to win more than just the battle.

November 12
Retailers will begin posting results for the back-to-school quarter. Kohl's (NYSE: KSS) and Wal-Mart (NYSE: WMT) are the two chains worth watching on Nov. 12. They are two of the recession's winners. Wal-Mart's economies of scale make it practically untouchable when it comes to pricing, while Kohl's has won over penny-pinching apparel shoppers seeking out a little more fashion sense than they'll find at Wal-Mart.

Both companies are expected to post modest bottom-line improvement for the quarter. If they both miss, it will send ripples through the retailer stocks, unless consumers are somehow feeling confident enough to trade back up to pricier chains. 

November 17
China's leading online gaming company -- NetEase.com (Nasdaq: NTES) -- will have a lot of questions to answer in its quarterly conference call, which is expected on the evening of Nov. 17, U.S. time. Continued...

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