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Friday Charts: Market Timing, Fool’s Gold and the Mobile Mantra

Words mean little on Fridays in the Wall Street Daily Nation.

Instead, we let pretty pictures do most of the talking for us. Each week, I select a handful of graphics specifically designed for you to beat the market next week.

Call them “cheat codes,” if you will.

It’s time for me to shut up now…

Cheat Code #1: Market Time This!

Although the S&P 500 Index is up almost 30% year-to-date, it’s suffering from a bad case of the Mondays.

Stocks are averaging a decline of 0.11% on Mondays, compared to gains every other day of the week, according to the number crunchers at Bespoke Investment Group.

The key takeaway?

If you’re looking to put new money to work, do it on Monday when there’s blood in the streets. By Tuesday, you should be sitting on profits.

Cheat Code #2: The Mobile Mantra

Repeat after me, “It’s all about mobile. It’s all about mobile. It’s all about mobile!”

And here’s the latest proof…

For the first time in recorded history, smartphone and tablet revenue will exceed revenue for the entire consumer electronics market, according to the Application Market Forecast Tool from IHS Inc. (IHS).

Mind you, only a year ago, the consumer electronics market was 30% larger than the mobile market.

As Randy Lawson, Senior Principal Analyst for Semiconductors at IHS, says, “Consumers simply are finding more value in the versatility and usefulness of smartphones and tablets, which now serve as the go-to devices for everything.”

The implication is about as subtle as a punch in the kisser…

If you don’t overweight your portfolio with the best and fastest-growing mobile companies, you’ll never live it down.

Because where there’s value for the consumer, there’s value for the investor.

Cheat Code #3: No Need for Gold

Unless you’re like Mr. T and can never own enough gold necklaces, I wouldn’t be buying gold right now.

Why? Because the No. 1 investment reason to own gold – inflation protection – is totally irrelevant.

Consumer price inflation fell to a measly 1% in October on a year-over-year basis.

Excluding the financial crisis, that’s the lowest year-over-year CPI reading since 1965, according to interest rate strategist, Vincent Foster.

So the already horrible year for gold could get even worse.

That’s it for this week. Before you go, though, let us know what you think of this weekly column – or any of our recent work at Wall Street Daily – by going here.

Ahead of the tape,

Louis Basenese