Friday, October 28, 2011

Mobile App Index: 81.19+1.83% WE 10/28/11

A week of record streaks and a surprise -- VOCS announced earnings on 10/25.  The notice for this announcement went out on 10/11, and I missed it -- it was a positive earnings announcement.  The Mobile Application Index completed its fourth consecutive week of heading into positive territory -- a new streak.  In addition, COBR keeps its' streak alive (9 out of the last 10 weeks with no decline) and FONE is now in its' 5th consecutive week in positive territory.  The MobiAppIndex did not beat the other major indices this week, however.

Comparison: DJI +3.58%, Nasdaq +3.77%, S&P 500 +3.77%, EEM +7.15%, FONE +4.25%

Winners: NCTY +16.45%, COOL +7.89%, VOCS +6.57%, GLUU +6.14%
NOTE: GLUU announces earnings next week on 11/3.

Loser: MITK (13.11%)


No comments:

Post a Comment