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.