Saturday, November 26, 2011

Mobile App Index: 65.26(9.16%) WE 11/25/11

Thank goodness for humility in the face of flawed predictions.  The MobiAppIndex set a new low this week -- the previous low was 68.21 on 9/30/2011.  Relative to the major indices used for comparison, this weeks' MobiAppIndex changes fell in line with overall stock market activity.  The Europe debt crisis dominates the investment world right now.  Other than the greater volatility throughout the stock world, a clear directional trend for the MobiAppIndex cannot be determined. Looking back over the past month, I continue see these stocks demonstrating leading indicator qualities, however.  Lastly, COBR's streak was broken -- (11.21%) this week. 

Comparison: DJI (7.58%), Nasdaq (8.85%), S&P500 (8.32%), EEM (8.76%), FONE (8.22%)

Winner: AUGT +0.57%

Losers: P (16.3%), VELT (14.34%), COOL (14.05%), GLUU (11.44%), COBR (11.21%), MITK (7.94%), ROVI (5.76%)



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