The pivot ball and tooltip are part of an ongoing effort to provide a more unified visual experience for Autodesk products such as Algor Simulation and Inventor. There is not a way to turn this feature off.
That said, for mouse wheel zoom specifically I notice an inconsistency between Algor behavior and Inventor behavior regarding display of the pivot ball and tooltip that should probably be looked into.
As always, we value our customers' feedback and are open to suggestions as to how to further improve our products.
Joel Schultz
Principal Engineer
MFG-Digital Simulation
Joel Schultz
Principal Engineer
PDG-Simulation