Mobile App Index: 65.47 +2.72% WE 9/14/12

Prediction confirmed: The MobiAppIndex breached the 65 point barrier! This week also the became the greatest gain for the index in almost three (3) months -- 6/22 saw a 5.61% gain.  For comparison, the international sector performed the best with EEM and FONE both gaining over 4% on the week.  Next weeks' prediction: continued upwards slow climb for the MobiApp Index.

No real news on the VELT gain, but there was a related report indicating that Android ad revenue gained share on iOS. No real news for any of AUGT (biggest loser), COOL (another loser) or EPOC (a winner) either.  COOL was supposed to have an earnings announcement, however.  Earning season is coming up again.

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

Winners: VELT +21.1%, EPOC +11.43%, P +8.4%, NCTY +5.35%, ROVI +3.94%, VOCS +2.72%, GLUU +2.47%
NOTE: MM would have claimed top honors this week with a 25.08% gain.

Losers: AUGT (14.4)%, COOL (12.07)%, COBR (3.95)%, MITK (1.07)%

Comparison: DJI +2.14%, Nasdaq +1.52%, S&P500 +1.94%, EEM +4.25%, FONE +4.75%

Mobile App Index: 63.74 (0.89)% WE 9/7/12

The prediction was incorrect for the MobiAppIndex -- and it appears that the 65 level really is somewhat of an inflection point or threshold as we're seeing another one of those technical head and shoulders patterns forming.  This time the pattern stretches out over four months, and it is really quite jagged, but I think we're continuing to see a decrease in volatility of the overall index.  While I can't tell exactly when this will happen, I am still standing by the overall prediction that this pattern will be broken and the index will climb upwards.  To characterize this weeks' decline, we actually see six (6) of the stocks in strongly positive territory, where four (4) were strongly negative -- two of which were very sharply down.  P fell sharply this week on rumor news that AAPL would be entering this market with their own competitive offering -- it would appear that AAPLs litigious nature may have spelled the end of their usefulness but what do I know!  On the streak side, we have COBR in its' 4th week in positive territory -- a real sleeper of a stock IMHO.

Relative to the main indices, EEM climbed dramatically this week on news that Europes financial support is stronger than previously thought as the ECB clearly stated their position.  The US indices followed, but flagged at the end of the week on no-so-positive jobs news -- it appears that much of the decrease in the unemployment rate was due to folks giving up on their job searches.

Winners:  VELT +5.34%, ROVI +4.04%, MITK +3.08%, COBR +2.43%, COOL +2.35%, EPOC +1.01%
NOTE: MM which will be added into next weeks' calculation would have been this weeks' winner with a gain of 8.66%.  VRNG will also likely be added into the entertainment category.

Losers:  P (12.68)%, AUGT (10.71)%, GLUU (3.96)%, VOCS (1.49)%, NCTY (0.64)%

Comparison: DJI +1.12%, Nasdaq +2.16%, S&P500 +2.75%, EEM +4.45%, FONE (0.28)%

Mobile App Index: 64.31 +1.55% WE 8/31/12

Prediction confirmed.  The index is almost back to where it was two weeks ago.  In addition, it beat all of the comparison indices as it was the only one that finished in positive territory.  It appears that while there are general concerns about Europe and the US economy, there were numerous stocks in the index that went up -- P is the most notable winner this past week.

The prediction will continue this week and the expectation is that the index will break through 65, despite the recent concerns about the global indices.  Lastly we will resume the more complete write-ups with next weeks' report.

Happy Blue Moon everyone!

Mobile App Index: 63.33 (1.6)% WE 8/24/12

The DOW and S&P500 end their 8-week streaks and the MobiApp Index declined -- ending its' streak.  This weeks' outcome appears to be mostly due to less than positive economic data that came out this past week.  Predictions proved wrong.  Next week we continue with the prediction of a steady climb in positive territory.

This is an abbreviated update.  Next weeks' will be brief too.

Mobile App Index: 64.39 +2.39% WE 8/17/12

Four weeks in a row for the MobiAppIndex, three of which as the winning index in the group.  The index is now potentially at a technical inflection point, at 65, where we saw a decline in the index after 6/22 -- the prediction is that the index will pass through 65 and continue into positive territory as an ongoing prediction.  I am not convinced of such technical superstitiousness and mysticism. The gains on the MobiApp index were quite broad again, and serve as a  good sign for further growth in the coming weeks.  Certainly as one considers the February declines and the 'great plummet' of 7/11 there remains much to be gained by the index.

EEM was the only tracking index that declined this past week at (0.71)% -- ending four weeks in positive territory.  Both DJI and S&P 500 claim their 8th straight week in postive territory!  A very good sign for the investment world, indeed.

VELT earnings this week were quite positive as expected by the previous weeks' gains.  :-) NCTY's upcoming (NCTY 8/23 9PM ET) earnings portend equal positivity given its' performance this week.  :-) 

Earnings: NCTY 8/23 9PM ET, P 8/29 5pm ET

NOTE: Due to the US holidays next week we will likely see an abbreviated report on the index.

Winners: EPOC +12.67%, NCTY +10.42%, GLUU +5.72%, VELT +5.12%, VOCS +4.45%, ROVI +1.55%, COBR +0.65%, MITK +0.21%

Losers: AUGT (9.88)%, P (7.22)%, COOL (0.58)%
NOTE:  MM would be the biggest loser at around (20)%.  Three weeks of tracking and a leader each time -- don't you love volatility?

Comparison: DJI +0.51%, Nasdaq +1.84%, S&P500 +0.87%, EEM (0.71)%, FONE +1.26%

Yes, we can call this a trend now.







Mobile App Index: 62.89 +2.6% WE 8/10/12

Overall the index moved a bit higher than expected again, but the movement was broader than in previous weeks -- all but two of the stocks ended in positive territory (including the soon to be added MM.)  This is the third week in a row in positive territory for the MobiAppIndex and FONE.  For the Major indices, this represents the seventh week in a row in positive territory for the DJI and S&P500 and the fourth week in a row for the Nasdaq and EEM.  Next week we'll continue with the same prediction:  a slow upward trend for all of the indices. 

All of the earnings reports resulted in positive gains. VELT, who won top honors this week, curiously has not announced their earnings yet -- that's next week! 

Upcoming earnings: VELT 8/14 3:30pm ET, NCTY 8/23 9PM ET

Winners: VELT +18.78%, GLUU +11.95%, EPOC +9.72%, VOCS +7.75%, P +5.86%, MITK +3.56%, ROVI +1.93%, COOL +1.76%, NCTY +0.22%
NOTE: if MM were in the index, it would take top honors with a +51.6% gain.  Last week it was the biggest loser.

Losers: AUGT (19.25%), COBR (0.21)%

Comparison: DJI +0.82%, Nasdaq +1.48%, S&P500 +1.07%, EEM +1.79%, FONE +1.81%

The graph is now past both moving averages.  Can we call it a trend?

Update: AUGT (18.68)% decline on 8/9/2012 explained

This sudden decline is likely due to the summary judgement that was filed on the Yahoo case, which was released by the US District Court of Northern California on 8/8/2012.