Mobile App Index: 79.78 (1.42)% WE 3/30/12

The european crisis came back again over the past two weeks -- this time Spain appears to be taking the headlines.  GLUU recieved upgrades from analysts and a rumor was started that Zynga may be purchasing them.  Following earnings, NCTY has dropped approximately 20% over the past two weeks.  Given the european turmoil, no predictions are made.

Comparison: DJI 1%, Nasdaq 0.77%, S&P500 0.81%, EEM 0.09%, FONE 0.22%
Winners: VELT 4.63%, EPOC 2.88%, VOCS 2.63%, GLUU 0% (also +22.47% last week)
Losers: NCTY (13.36%), AUGT (8.86%), COOL (4.26%), P (3.31%), COBR (2.2%)

The new trendline shows the moving averages intersecting the trend lines last week.  This week shows the new index moving above the previous index.  The 12-week moving average clearly shows the upwards trajectory the index has experienced since the beginning of the year.