Mobile App Index: 75.00 +7.41% WE 1/13/12

Five (5) of the stocks in the index went up over 10% this week, while the other US indexes were rather flat.  If I were to characterize this week for the index, I believe this weeks' climb demonstrates the underlying strength in the stock market and indicates the potential beginning of a broader climb in the US and world markets.  In addition, the mobiapp index, being more volatile than the comparison indexes, has fallen further on the downswing and should serve as a leading indicator of strength on the upswing.  So my prediction is that the DJI will climb significantly next week and could beat the mobiappindex.  ROVI climbed dramatically on Friday after it was announced that they sold their Roxio business.  As predicted, AUGT continued to climb after its' earnings announcement on Monday.

Comparison: DJI 0.5%, Nasdaq 1.36%, S&P 500 0.88%, EEM 2.87%, FONE 1.36%

Upcoming earnings: COOL on Tue 1/17 @EOD ET

Winners: VELT 26.1%, MITK 24.86%, ROVI 23.39%, P 19.98%, AUGT 12.93%

Losers: NCTY (4.57%), VOCS (5.4%)