Monday, December 7, 2015

Finisar Corporation (NASDAQ:FNSR)


Finisar Corporation (NASDAQ:FNSR) jumped up by 3.32% and closed at $12.46 on Friday. Upside volume has been good lately and the stock is setting up nicely to break out. Buy point would be on the day it blows through $12.54 on heavy volume, which could happen next week. The indicators are looking Bullish. The MACD is above signal line and above 0 line, which is a bullish indicator. Additionally to that, we also have the price currently above all short-term EMAs. FNSR will move very quickly, so watch the stock closely on Monday.

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Texas Instruments Incorporated (NASDAQ:TXN)


Texas Instruments Incorporated (NASDAQ:TXN) Looks ready to break out into new high territory. The upward pressure built up over the last few sessions is good and I believe that the price could pop any moment.

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US Weekly Economic Calendar

time (et) report period ACTUAL forecast previous
MONDAY, DEC. 7
3 pm Consumer credit Oct.   -- $29 bln
TUESDAY,  DEC. 8
6 am NFIB small business index Nov.
-- 96.1
10 am Job openings Oct.
-- 5.5 mln
WEDNESDAY, DEC. 9
10 am Wholesale inventories Oct.   -- 0.5%
THURSDAY, DEC. 10
8:30 am Weekly jobless claims Dec. 5
270,000 269,000
8:30 am Import price index Nov.   -- -0.5%
2 pm Federal budget Nov.   -- --
FRIDAY, DEC. 11
8:30 am Retail sales Nov.
0.2% 0.1%
8:30 am Retail sales ex-autos Nov.   0.2% 0.2%
8:30 am Producer price index Nov.   0.0% -0.4%
10 am Business inventories Oct.
0.1% 0.3%
10 am Consumer sentiment Dec.   92.0 91.3