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.
Nov. 5
After months of scorching gains, it is time for Sirius XM Radio
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 decline in 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.
Nov. 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
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 release of Guitar Hero 5. If the plastic guitar genre is fading, Activision Blizzard is going to need the latest installment in its Call of Duty war games to win more than just the battle.
Nov. 12
Retailers will begin posting results for the back-to-school quarter. Kohl's
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.
Nov. 17
China's leading online gaming company -- NetEase.com
Regulators have been cracking down on the industry, placing restrictions on foreign ownership and beefing up content censorship. NetEase felt the clamps firsthand when regulators held up its release of Activision Blizzard's World of Warcraft for months this summer.
These clouds are heavy. Analysts see quarterly earnings soaring 39% at NetEase, yet the stock trades at only 13 times next year's projected earnings. NetEase needs to relieve global investing concerns to command a loftier valuation.
Nov. 30
Barnes & Noble
Offering a second color multi-touch screen will win over iPhone fans. The promise of serving up promotions directly to Nook owners once they step into stores will keep digital audiences coming back to the stores.
The late release and any potential hardware shortages may keep the Nook from moving the needle this holiday season, but Barnes & Noble has a real chance to strike before the Kindle ecosystem becomes the industry standard.