Mobile App Index: 81.46+0.33% WE 11/4/11

The streaks continue for the MobiAppIndex (5 weeks and 19%), COBR (no declines 10 out of the past 11 weeks) and now COOL (5 weeks.)  Once again the MobiAppIndex beat the major indexes (the third time in the past 5 weeks): DJI (2.02%), Nasdaq (1.86%), S&P 500 (2.48%), and FONE (4.19%), but it did not beat EEM +4.04%.  The height of earnings for the index occurs next week as well:  ROVI 11/8, COBR 11/8 (updated) so the prediction is that the streak will continue through next week.  VELT announces earnings on 11/15.

Winners: GLUU +12.54% (due to positive earnings), COBR +5.28%, VOCS +3.11%, AUGT +3.94%

Losers: VELT (13.22%), MITK (3.77%), NCTY (3.72%), ROVI (3.29%)