The Fool's Look Ahead

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Monday
Don't wait for the market's opening bell. It's Memorial Day. The market's closed. Sleep in. Delve into the origins of the holiday and memorialize accordingly. Just don't begin to wonder why your real-time quotes appear to be stuck.

Tuesday
Take-Two Interactive (Nasdaq: TTWO) reports. It will be a scene out of its Grand Theft Auto video game series. The same company that oozed profitability a year ago, in anticipation of Grand Theft Auto IV, has been robbed. Analysts see a loss of $0.13 a share this time around. If the report is even uglier, expect an analyst or two to chastise the company for not accepting Electronic Arts' (Nasdaq: ERTS) buyout offer last year.

Wednesday
It's TiVo (Nasdaq: TIVO) time. The digital video recorder (DVR) pioneer checks in long enough to let shareholders in on the first three months of financials. TiVo surprised the market with a few profitable quarters last year, but Wall Street sees a small loss this time around.

If you're looking for growth, you'll find it at AutoZone (NYSE: AZO), because most of its chains are thriving in this environment. If folks aren't buying new cars, they're spending to take good care of their existing cars. 

Thursday
A few of the big names on the slate on this day are Costco (Nasdaq: COST) and Novell (Nasdaq: NOVL). One of them is projected to post a drop in year-over-year profitability. Can you guess which one? Well, it's a trick question. Novell is actually supposed to match the $0.06-a-share profit it posted last year. It's actually Costco and its warehouse clubs, which seem to be resistant to recessions, that is targeted to post a decline in net income.

Friday
The trading week wraps up with more news on the retail front. Tiffany (NYSE: TIF) is due up. High-end jewelry in this economy? Fuhgeddaboudit! Wall Street is braced for a sharp drop in earnings, but it's comforting to know that Tiffany should still be in the black.

Until next week, I remain,

Rick Munarriz