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.

Barron's Recap: Top Picks For 2016

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.

CMHC Misleading Impact of Foreign Condo Buying. Ross Kay – December 4, 2015

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

Stock Market Predictions 2016

It's a tradition you can rely on — as regular as Thanksgiving or Christmas, but without the messy cleanup. Yep, it's Predictions Time! That time of year when we're about to put one in the books and look forward to a new one...
I don't know if it's just getting older, but Thanksgiving/Christmas do a better job of sneaking up on me every year. I've barely stopped to look ahead at holiday schedules.
But holidays are one-off events. The stock market/economy are a continuum, and so I am always looking at current events and attempting to get a feel for how they will play out over the months and years ahead.
As I've said repeatedly, stock market forecasts can be based on one thing and one thing only: corporate earnings. As I wrote last year:  (more)

Franklin Resources, Inc. (NYSE: BEN)

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California.
Take a look at the 1-year chart of Franklin (NYSE: BEN) below with my added notations:

BEN has hit the $42 mark (red) as resistance multiple times in the past month. In addition, the stock has been climbing a trend line of support (green) since mid-October. Eventually, the stock will have to break either the $42 resistance or the trendline support.

The Tale of the Tape: BEN is winding up between two key levels. A long trade could be made at the trendline support or on a break above $42. A break below trendline would be an opportunity to enter a short trade.