Mobile App Index: 64.31 +1.55% WE 8/31/12

Prediction confirmed.  The index is almost back to where it was two weeks ago.  In addition, it beat all of the comparison indices as it was the only one that finished in positive territory.  It appears that while there are general concerns about Europe and the US economy, there were numerous stocks in the index that went up -- P is the most notable winner this past week.

The prediction will continue this week and the expectation is that the index will break through 65, despite the recent concerns about the global indices.  Lastly we will resume the more complete write-ups with next weeks' report.

Happy Blue Moon everyone!

Mobile App Index: 63.33 (1.6)% WE 8/24/12

The DOW and S&P500 end their 8-week streaks and the MobiApp Index declined -- ending its' streak.  This weeks' outcome appears to be mostly due to less than positive economic data that came out this past week.  Predictions proved wrong.  Next week we continue with the prediction of a steady climb in positive territory.

This is an abbreviated update.  Next weeks' will be brief too.

Mobile App Index: 64.39 +2.39% WE 8/17/12

Four weeks in a row for the MobiAppIndex, three of which as the winning index in the group.  The index is now potentially at a technical inflection point, at 65, where we saw a decline in the index after 6/22 -- the prediction is that the index will pass through 65 and continue into positive territory as an ongoing prediction.  I am not convinced of such technical superstitiousness and mysticism. The gains on the MobiApp index were quite broad again, and serve as a  good sign for further growth in the coming weeks.  Certainly as one considers the February declines and the 'great plummet' of 7/11 there remains much to be gained by the index.

EEM was the only tracking index that declined this past week at (0.71)% -- ending four weeks in positive territory.  Both DJI and S&P 500 claim their 8th straight week in postive territory!  A very good sign for the investment world, indeed.

VELT earnings this week were quite positive as expected by the previous weeks' gains.  :-) NCTY's upcoming (NCTY 8/23 9PM ET) earnings portend equal positivity given its' performance this week.  :-) 

Earnings: NCTY 8/23 9PM ET, P 8/29 5pm ET

NOTE: Due to the US holidays next week we will likely see an abbreviated report on the index.

Winners: EPOC +12.67%, NCTY +10.42%, GLUU +5.72%, VELT +5.12%, VOCS +4.45%, ROVI +1.55%, COBR +0.65%, MITK +0.21%

Losers: AUGT (9.88)%, P (7.22)%, COOL (0.58)%
NOTE:  MM would be the biggest loser at around (20)%.  Three weeks of tracking and a leader each time -- don't you love volatility?

Comparison: DJI +0.51%, Nasdaq +1.84%, S&P500 +0.87%, EEM (0.71)%, FONE +1.26%

Yes, we can call this a trend now.







Mobile App Index: 62.89 +2.6% WE 8/10/12

Overall the index moved a bit higher than expected again, but the movement was broader than in previous weeks -- all but two of the stocks ended in positive territory (including the soon to be added MM.)  This is the third week in a row in positive territory for the MobiAppIndex and FONE.  For the Major indices, this represents the seventh week in a row in positive territory for the DJI and S&P500 and the fourth week in a row for the Nasdaq and EEM.  Next week we'll continue with the same prediction:  a slow upward trend for all of the indices. 

All of the earnings reports resulted in positive gains. VELT, who won top honors this week, curiously has not announced their earnings yet -- that's next week! 

Upcoming earnings: VELT 8/14 3:30pm ET, NCTY 8/23 9PM ET

Winners: VELT +18.78%, GLUU +11.95%, EPOC +9.72%, VOCS +7.75%, P +5.86%, MITK +3.56%, ROVI +1.93%, COOL +1.76%, NCTY +0.22%
NOTE: if MM were in the index, it would take top honors with a +51.6% gain.  Last week it was the biggest loser.

Losers: AUGT (19.25%), COBR (0.21)%

Comparison: DJI +0.82%, Nasdaq +1.48%, S&P500 +1.07%, EEM +1.79%, FONE +1.81%

The graph is now past both moving averages.  Can we call it a trend?

Update: AUGT (18.68)% decline on 8/9/2012 explained

This sudden decline is likely due to the summary judgement that was filed on the Yahoo case, which was released by the US District Court of Northern California on 8/8/2012.

Mobile App Index: 61.30 +2.69% WE 8/3/12

Once again MITK takes the gold for the week at +31.58%.  AUGT redeems itself, resets its' $2/share clock, and takes the silver at +25.29%.  Scorchers we had.  The bronze goes to ROVI, who has taken the analyst whipping boy slot for the past month or so, as news got out about a strategic relationship with ... Google and their earning report was in-line with expectations.  Yes, last week I surmised a 'shift' involving Google and this week it was Google that redeemed ROVI.  In the coming week we have numerous stocks due for their earnings report -- this will be interesting.  And come the end of October (I work for MSFT BTW) there will be even more exciting news to consider with Windows 8 Phone and their ARM-based Surface tablet.

The predictions were largely correct again -- the MobiApp Index probably gained a bit more than expected.  Regarding the comparison indices, they were right on target.  Since the results for the stocks within the index were quite mixed, I see the potential for more agressive growth as a larger portion turn positive. With the earnings coming this week, who knows where the stocks will wind up, but I'm sticking with the prediction -- a slow positive climb for all the indices.

Upcoming Earnings: 8/7 GLUU 4:30pm ET, EPOC 8/7 5pm EDT, VELT 8/14 3:30pm ET?, MM 8/8 5pm ET
Winners: MITK +31.58%, AUGT +25.29%, ROVI +9.75%, VELT +4.93%, NCTY +1.35%

Losers: GLUU (7.93)%, COOL (6.59)%, VOCS (6.47)%, P (4.79)%, EPOC (3.64)%, COBR (1.69)%
NOTE: If MM were in the formal index it would claim top honors with a (14.46)% loss.  I will add it some time after its' earnings report next week. I am already 'long' on MM, but do not have a full equivalent to related stocks like AUGT yet.

Comparison: DJI +0.16%, Nasdaq +0.33%, S&P500 +0.36%, EEM +1.01%, FONE +2.08%