Sunday, November 4, 2012

Mobile App Index: 53.07 (3.71)% WE 11/2/12

Another sharp decline for the index and another new low -- and this week all of the major indices went up.  The declines of VRNG, GLUU  (6th week of declines)appear to be directly related to news on those stocks, but COOL (4th week of declines) and AUGT do not appear to have additional news surrounding their declines.  Prediction continues.

Upcoming Earnings: 11/5 ROVI, 11/5 MM, 11/5 EPOC, COBR 11/8, 11/13 VELT, 11/14 VRNG, 11/14 MITK, P 11/21, 1/9/2013 AUGT, 1/14/2013 COOL.

Winners: ROVI +13.26%, EPOC +6.7%

Losers: VRNG (30.75)%, GLUU (21.23)%, COOL (18.1)%, AUGT (17.11)%, MM (6.94)%, VOCS (5.42)%

Comparison: DJI +0.12%, Nasdaq +0.01%, S&P500 +0.39%, EEM +1.1%, FONE +2%


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