Friday, February 17, 2012

Mobile App Index: 86.21 +1.79% WE 2/17/12

Once again, I missed this weeks' prediction, but the gain was lower than last week -- in fact the lowest week of gains during this 4-week streak for the index.  In addition, it appears to have moved in the middle of the pack with the rest of the major indices -- maybe the prediction was somewhat correct.  GLUU appears to have given back it's earnings' week gains and some of its' pre-earnings' week gain -- it was the biggest loser too.  The recalibrated index performed a little bit better and ended up 1.88% for the week.

Upcoming Earnings: COBR 2/24 11am EST, EPOC 2/28 EOD, VOCS 2/28 EOD -- P, VELT, & NCTY tbd.

Comparison: DJI +1.15%, Nasdaq +1.64%, S&P 500 +1.37%, EEM +2.37%, FONE +2.83%

Winners: COBR 8.05%, ROVI 6.5%, VELT 3.7%, COOL 3.07%, MITK 2.66%, EPOC 2.24%

Losers: GLUU (10.05%), P (3.66%), AUGT (3%)

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