Mobile App Index: 48.64 (8.34)% WE 11/9/12

It's hard to believe that the index has lost over 50% of its' value since July 2011, but that's what happened this week.  All of the major indices plummeted this week, except FONE, but the negative earnings report from COBR contributed as well.  The only winner this week was the ever volatile VRNG.  On the one hand it appears that the elections contributed to this decline, but there also appears to be an underlying story about the consumer as well -- has their purchasing in this area slowed?

Upcoming Earnings: 11/13 VELT, 11/14 VRNG, 11/14 MITK, P 11/21, 1/9/2013 AUGT, 1/14/2013 COOL.

Winners: VRNG +22.38%, COOL +1.16%, ROVI +0.46%

Losers: COBR (23.59)%, MITK (18.04)%, GLUU (11.72)%, VOCS (11.1)%, VELT (9.64)%, AUGT (6.35)%, P (6.79)%

Comparison: DJI (2.12)%, Nasdaq (2.58)%, S&P500 (2.43)%, EEM (1.28)%, FONE +0.17%

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%

Mobile App Index: 55.11 (2.24)% WE 10/26/12

Another week of declines led to another new low for the Mobile Application Index.  All of the major indices declined as well, so it appears that this week was just a general market trend.  Maybe the Mobile Application Index was an early indicator for the broader markets again?  Prediction of upward trend for the Mobile Application Index remains, but the broader indices will likely continue to decline through the week - this maybe a repeat of what we experienced in February.  If so, then let's look for news on exotic derivatives that have come unglued.

Earning update: VOCS beat earnings expectations but did not see a bump in their share price following.  Next week is a big week for earnings (see highlighted below)

Upcoming Earnings: 11/1 MM, 11/2 GLUU, 10/30 EPOC, 11/5 ROVI, COBR 11/8, 11/13 VELT, 11/14 VRNG, 11/14 MITK, P 11/21, 1/9/2013 AUGT, 1/14/2013 COOL.
Winners: AUGT +15.15%, MM +11.47%, VRNG +1.78%

Losers: P (10.33)%, EPOC (7.95)%, MITK (7.46)%, COBR (5.94)%, VELT (5.19)%, COOL (3.67)%, VOCS (1.13)%

Comparison: DJI (1.77)%, Nasdaq (0.59)%, S&P500 (1.48)%, EEM (0.55)%, FONE (1.41)%

Mobile App Index: 56.37 (4.81)% WE 10/19/12

This week was a new low for the Mobile Application Index -- 56.37.  It also represents the second week of declines for the index, where every stock except MITK declined.  What has dragged the index down so far this week?  It appears that overall sentiment has recently become increasingly negative towards this rapidly growing sector of the business world, and Google's leaked earnings probably did improve that perception this week.  I will retain the prediction of a return towards positive territory next week.  :-)

Some of the earnings dates appear to have shifted and we're seeing some dates for next quarter already.

Upcoming Earnings: 10/23VOCS 4:05pm ET, 11/1 MM, 11/2 GLUU, 10/30 EPOC, 11/5 ROVI, COBR 11/8, 11/13 VELT, 11/14 VRNG, 11/14 MITK, P 11/21, 1/9/2013 AUGT, 1/14/2013 COOL.
Winner: MITK +6.35%

Losers: VRNG (17.78)%, AUGT (11.41)%, COOL (9.51)%, EPOC (8.34)%, MM (8.05)% ... :-)
Comparison: DJI +0.11%, Nasdaq (1.26)%,  S&P500 0.32%, EEM 0.46%, FONE 0.27%

Mobile App Index: 61.44 +0.86% WE 10/05/12

Without VRNG, the prediction would not have been confirmed -- a 56.55% gain this week!  AUGT's slide slowed and will report earnings next week.  Overall markets recovered quite a bit of their recent losses, except FONE that continued to slide.  Next weeks' prediction -- slow positive movement potentially via a positive earnings' report from AUGT.


Winners: VRNG +56.55%, VELT +5.73%, COBR +5.52%, MM +4.95%, MITK +0.93%

Losers: GLUU (13.79)%, NCTY (10.15)%, VOCS (7.53)%, ROVI (6.48)%, EPOC (5.06)%, AUGT (1.28)%

Comparison: DJI +1.29%, Nasdaq +0.64%, S&P500 +1.4%, EEM +1.52%, FONE (1.52)%

Upcoming Earnings: AUGT 10/10 11am ET, 10/22 VOCS, 10/29 MM, 11/2 GLUU, 11/5 EPOC, 11/5 ROVI, 11/13 VELT, 11/14 VRNG, 11/14 MITK, P 11/21.

Mobile App Index: 60.92 (6.57)% WE 9/28/12

Quite a decline for the revised MobiAppIndex this week!  The previous version of the index did not fall as far -- only 3.97%.  AUGT appears to really be in trouble with investors now as they announced yet another public offering of stock at 0.80/share -- this after the recent declines tied to patent decisions and CEO changes.  In addition MITK has come under new analyst scrutiny and has also become itself embroiled in a Patent death grip.  While the greater markets appear to be influencing the MobiAppIndex, I would have to say that a significant portion of this weeks' decline can be attributed to the performance of individual stocks in the index.  Prediction of heading in a positive direction continues.

On the positive side, key components of the index, EPOC and COBR continue to climb in a positive direction. 

Losers: AUGT (29.09)%, MITK (27.9)%, VRNG (12.12)%, VELT (10.67)%, COOL (8.03)%, GLUU (7.94)%, ROVI (5.78)%, MM (4.27)%

Winners: EPOC +10.32%, COBR +4.54%, P +4.29%

Comparison: DJI (1.05)%, Nasdaq (2)%, S&P 500 (1.33)%, EEM (2.62)%, FONE (1.05)%

Upcoming Earnings: AUGT 10/10 11am ET, 10/22 VOCS, 10/29 MM, 11/2 GLUU, 11/5 EPOC, 11/5 ROVI, 11/13 VELT, 11/14 VRNG, 11/14 MITK, P 11/21.

Mobile App Index: 65.2 (0.39)% WE 9/21/12

The new version of the index, which includes MM and VRNG, went down with all of the other related major indices while the February version of the index went up.  Prediction mixed, and mostly appears connected with the overall market performance.  Next weeks' prediction will be the same: slowly moving upwards.

As usual there does not appear to be much news that is driving any price changes, since we are between earnings seasons, which reinforces the overall market sentiment driving pricing.  P may have declined due to Apple's announcement of a competitive offering. VELT appears to continue its climb since its earning reports by getting new coverage from the analysts. The big drama of the week centered around AUGT, which dropped around 36% on Monday with no official news and eventually ended the week up 2.8% after the public announcement that they're changing CEOs.

Comparison: DJI (0.1)%, Nasdaq (0.13)%, S&P500 (0.38)%, EEM (1.43)%, FONE (2.29)%

Winners: VELT +6%, EPOC +5.18%, AUGT +2.8%,  VOCS +2.19%, MM +1.56%, GLUU +1.41%

Losers: COOL (10.46)%, P (7.49)%, ROVI (7.23)%, VRNG (7.04)%, MITK (3.24)%

Upcoming Earnings: AUGT 10/10 11am ET, 10/22 VOCS, 10/29 MM, 11/2 GLUU, 11/5 EPOC, 11/5 ROVI, 11/13 VELT, 11/14 VRNG, 11/14 MITK, 11/21 P.