Universe
Active US equities only. ETFs, crypto, commodities, index benchmark records, and listings outside the US market are excluded from this index.
Signal Validation
Market Dynamics Performance Index
A concept-validation index for US equities, testing whether first Market Dynamics Buy signals identify productive weekly setups. Entries and exits are research pointers for a shortlist, not a follow-along strategy.
Index Value
484.55
Total Return
384.55%
CAGR
56.82%
Annualized from first index week
Edge vs Market
+34.37%/yr
Beats SPY on CAGR
Risk Adjusted
Sharpe 2.68
Sortino 5.21
Current Holdings
1108
Transactions
10720
Avg 3056.5/yr ·
254.7/mo ·
58.8/wk
Exit Mix
4806
Stop 41.2% ·
Warning 58.2%
· Other 0.5%
Method
How The Index Works
The index is a weekly, equal-weighted signal-validation model for US equities. It starts at 100.00 on the first transaction week after 1 Jan 2023 and is rebuilt from stored weekly closes, Market Dynamics buy signals, and Smart Money warning data to test the Market Dynamics concept over time.
Entry Rule
A stock enters at that week’s stored weekly close on the first Market Dynamics Buy signal while the stock is not already held. New entries are blocked if that same week has a Reversal Risk or Reversal Danger Warning.
Exit Rule
A position exits at the weekly close on the first Reversal Risk Warning. It also exits if the weekly close falls 20% or more below the original entry close.
Return Math
Each active holding contributes equally. The weekly index return is the average weekly close-to-close return of all positions active during that week, then compounded into the index value.
Assumptions
- This index is designed to validate the Market Dynamics signal concept, not to serve as a mechanical follow-along strategy.
- Only the first actionable Market Dynamics Buy signal opens a position while the stock is flat.
- Weekly entries and exits may help identify stocks for a research shortlist, but they are not portfolio instructions.
- New positions are not opened on weeks with Reversal Risk or Reversal Danger Warnings.
- Reversal Danger blocks new entries, but the Market Dynamics index exits only on Reversal Risk or the 20% entry drawdown rule.
- Positions are closed at the last valid close if a 5x or larger weekly close scale break indicates a price-data unit change.
- Transaction prices are the stored weekly closes for the entry or exit week, except price scale-break exits, which use the last valid close.
- Returns are shown before transaction costs, bid-ask spreads, slippage, taxes, and other implementation frictions.
Weekly Index
Cumulative Value
Latest Week
Positions In And Out
New Positions In
Entries at weekly close
ABT
NYSE · Abbott Laboratories
93.27
MD 0.37 · Market Dynamics Buy Signal
AKTX
NASDAQ · Akari Therapeutics PLC
13.88
MD 1.04 · Market Dynamics Buy Signal
ALG
NYSE · Alamo Group Inc
161.15
MD 0.25 · Market Dynamics Buy Signal
ALXO
NASDAQ · Alx Oncology Holdings
2.13
MD 0.02 · Market Dynamics Buy Signal
AOS
NYSE · Smith AO Corporation
60.44
MD 0.00 · Market Dynamics Buy Signal
ATR
NYSE · AptarGroup Inc
125.53
MD 0.18 · Market Dynamics Buy Signal
BBOT
NASDAQ · BridgeBio Oncology Therapeutics, Inc.
8.32
MD 0.00 · Market Dynamics Buy Signal
BFAM
NYSE · Bright Horizons Family Solutions Inc
73.31
MD 0.11 · Market Dynamics Buy Signal
GIB
NYSE · CGI Inc
67.06
MD 0.07 · Market Dynamics Buy Signal
GLXG
NASDAQ · Galaxy Payroll Group Limited Ordinary Shares
1.46
MD 0.15 · Market Dynamics Buy Signal
HAVA
NASDAQ · Harvard Ave Acquisition Corporation Class A Ordinary Share
10.12
MD 1.40 · Market Dynamics Buy Signal
JLHL
NASDAQ · Julong Holding Limited Class A Ordinary Shares
11.73
MD 0.37 · Market Dynamics Buy Signal
LZ
NASDAQ · LegalZoom.com Inc
7.25
MD 0.71 · Market Dynamics Buy Signal
MKC-V
NYSE · McCormick & Company Incorporated
50.81
MD 0.15 · Market Dynamics Buy Signal
MMTX
NASDAQ · Miluna Acquisition Corp Class A Ordinary Share
10.15
MD 2.48 · Market Dynamics Buy Signal
MNDO
NASDAQ · MIND CTI Ltd
1.06
MD 0.16 · Market Dynamics Buy Signal
PEW
NYSE · GrabAGun Digital Holdings Inc.
2.96
MD 0.21 · Market Dynamics Buy Signal
Q
NYSE · Qnity Electronics, Inc
143.80
MD 0.79 · Market Dynamics Buy Signal
RPD
NASDAQ · Rapid7 Inc
11.17
MD 1.19 · Market Dynamics Buy Signal
SAFX
NASDAQ · XCF Global, Inc. Class A Common Stock
0.55
MD 0.24 · Market Dynamics Buy Signal
SKIN
NASDAQ · Beauty Health Co
0.91
MD 0.21 · Market Dynamics Buy Signal
SKYX
NASDAQ · SKYX Platforms Corp
1.27
MD 0.09 · Market Dynamics Buy Signal
STIM
NASDAQ · Neuronetics Inc
1.76
MD 0.50 · Market Dynamics Buy Signal
TTEK
NASDAQ · Tetra Tech Inc
30.99
MD 0.06 · Market Dynamics Buy Signal
USPH
NYSE · U.S. Physical Therapy, Inc.
72.54
MD 0.07 · Market Dynamics Buy Signal
VRDN
NASDAQ · Viridian Therapeutics Inc
19.74
MD 0.12 · Market Dynamics Buy Signal
WRAP
NASDAQ · Wrap Technologies Inc
2.46
MD 0.26 · Market Dynamics Buy Signal
WVVI
NASDAQ · Willamette Valley Vineyards Inc
2.93
MD 1.08 · Market Dynamics Buy Signal
XTLB
NASDAQ · XTL Biopharmaceuticals Ltd ADR
2.91
MD 0.77 · Market Dynamics Buy Signal
Positions Out
Closed at weekly close
APWC
NASDAQ · Asia Pacific Wire & Cable Corp Ltd
1.53
20% entry drawdown · -23.12%
BCDA
NASDAQ · Biocardia Inc
0.91
20% entry drawdown · -23.77%
BIRD
NASDAQ · Allbirds Inc
3.13
20% entry drawdown · -33.15%
BLLN
NASDAQ · BillionToOne, Inc. Class A Common Stock
126.77
Reversal Risk Warning · 28.06%
BLZE
NASDAQ · Backblaze Inc
17.60
Reversal Risk Warning · 135.29%
BMAC
NYSE · Black Mountain Acquisition Corp
10.60
Ticker inactive / final available close · 0.00%
BYRN
NASDAQ · Byrna Technologies Inc
3.87
20% entry drawdown · -44.55%
CE
NYSE · Celanese Corporation
46.92
20% entry drawdown · -20.19%
CHGG
NYSE · Chegg Inc
0.85
20% entry drawdown · -23.79%
CLYM
NASDAQ · Climb Bio Inc
14.00
Reversal Risk Warning · 227.10%
CVAC
NASDAQ · CureVac NV
4.66
Ticker inactive / final available close · 47.47%
CWH
NYSE · Camping World Holdings Inc
6.22
20% entry drawdown · -22.06%
DENN
NASDAQ · Dennys Corp
6.25
Ticker inactive / final available close · 51.33%
DWSN
NASDAQ · Dawson Geophysical Company
7.57
Reversal Risk Warning · 394.77%
EWTX
NASDAQ · Edgewise Therapeutics Inc
45.41
Reversal Risk Warning · 315.08%
GAME
NASDAQ · GameSquare Holdings Inc.
0.31
20% entry drawdown · -31.37%
GKOS
NYSE · Glaukos Corp
152.72
Reversal Risk Warning · 82.11%
GRCL
NASDAQ · Gracell Biotechnologies Inc.
10.25
Ticker inactive / final available close · 107.49%
IRDM
NASDAQ · Iridium Communications Inc
50.06
Reversal Risk Warning · 118.07%
KELYB
NASDAQ · Kelly Services B Inc
23.95
Reversal Risk Warning · 75.74%
LVO
NASDAQ · LiveOne Inc
5.23
20% entry drawdown · -24.64%
MBX
NASDAQ · MBX Biosciences, Inc. Common Stock
61.05
Reversal Risk Warning · 408.75%
MPLT
NASDAQ · MapLight Therapeutics, Inc. Common Stock
39.32
Reversal Risk Warning · 36.43%
ODP
NASDAQ · ODP Corp
28.00
Ticker inactive / final available close · 57.57%
OMEX
NASDAQ · Odyssey Marine Exploration Inc
0.71
20% entry drawdown · -22.37%
PC
NASDAQ · Premium Catering (Holdings) Limited
9.40
Ticker inactive / final available close · 41.10%
PTRN
NASDAQ · Pattern Group Inc. Series A Common Stock
28.95
Reversal Risk Warning · 81.85%
RCM
NASDAQ · R1 RCM Inc
14.31
Ticker inactive / final available close · 28.92%
RLAY
NASDAQ · Relay Therapeutics Inc
20.01
Reversal Risk Warning · 566.83%
ROSS
NYSE · Ross Acquisition II Corp
11.08
Ticker inactive / final available close · 3.84%
SBFG
NASDAQ · SB Financial Group Inc
26.27
Reversal Risk Warning · 94.76%
SLRN
NASDAQ · ACELYRIN, INC. Common Stock
2.27
Ticker inactive / final available close · -11.67%
THRD
NASDAQ · Third Harmonic Bio Inc.
5.38
Ticker inactive / final available close · 4.06%
TLPH
NASDAQ · Talphera Inc.
1.46
Reversal Risk Warning · 196.33%
TTRX
NASDAQ · Turn Therapeutics Inc. Common Stock
9.44
Reversal Risk Warning · 84.02%
WATT
NASDAQ · Energous Corporation
17.99
20% entry drawdown · -27.25%
WKC
NYSE · World Kinect Corporation
35.32
Reversal Risk Warning · 71.05%
Live Book
Current Holdings
Ticker
Entry
Last Close
Return
Signal
MD
ROC
RS
MRTN
NASDAQ · Marten Transport Ltd
12 Dec 202511.67
17.15
46.96%
Buy
0.21
-
-
MRVI
NASDAQ · Maravai Lifesciences Holdings Inc
3 Oct 20253.09
6.09
97.09%
Buy
1.31
-
-
MSGM
NASDAQ · Motorsport Gaming Us LLC
25 Apr 20252.40
4.61
92.08%
Buy
0.28
-
-
MSTR
NASDAQ · MicroStrategy Incorporated
3 Jul 2026100.77
94.64
-6.08%
Buy
0.01
-
-
MTAL
NYSE · Metals Acquisition Corp. II
30 May 202512.16
10.20
-16.12%
Buy
0.50
-
-
MTCH
NASDAQ · Match Group Inc
20 Jun 202529.88
38.85
30.01%
Buy
0.24
-
-
MTEX
NASDAQ · Mannatech Incorporated
19 Jun 20265.42
4.70
-13.28%
Buy
0.10
-
-
MTLS
NASDAQ · Materialise NV
20 Jun 20255.39
6.77
25.60%
Buy
0.15
-
-
MTN
NYSE · Vail Resorts Inc
12 Jun 2026131.13
150.14
14.50%
Buy
0.19
-
-
MTUS
NYSE · Metallus, Inc
6 Jun 202514.06
19.06
35.56%
Buy
0.14
-
-
MTW
NYSE · Manitowoc Company Inc
23 May 202510.33
12.78
23.72%
Buy
0.33
-
-
MUR
NYSE · Murphy Oil Corporation
20 Jun 202523.74
33.75
42.17%
Buy
0.27
-
-
MWYN
NASDAQ · Marwynn Holdings, Inc. Common stock
8 May 20260.79
1.03
30.31%
Buy
0.06
-
-
MX
NYSE · MagnaChip Semiconductor
16 Jan 20263.03
4.02
32.67%
Buy
0.21
-
-
MYSE
NASDAQ · Myseum, Inc.
26 Jun 20262.47
2.31
-6.48%
Buy
0.07
-
-
NABL
NYSE · N-Able Inc
22 May 20263.66
4.23
15.57%
Buy
0.08
-
-
NAUT
NASDAQ · Nautilus Biotechnology Inc
31 Oct 20251.33
1.89
42.11%
Buy
2.03
-
-
NAVI
NASDAQ · Navient Corp
15 May 20267.62
8.24
8.16%
Buy
0.14
-
-
NBR
NYSE · Nabors Industries Ltd.
12 Sep 202542.36
82.09
93.79%
Buy
1.47
-
-
NCMI
NASDAQ · National CineMedia Inc
22 May 20262.99
3.90
30.43%
Buy
0.41
-
-
NDLS
NASDAQ · Noodles & Company
27 Mar 20269.20
12.53
36.20%
Buy
0.34
-
-
NEO
NASDAQ · NeoGenomics Inc
29 Aug 20258.78
14.11
60.71%
Buy
0.47
-
-
NEOG
NASDAQ · Neogen Corporation
7 Nov 20256.40
9.62
50.31%
Buy
1.27
-
-
NERV
NASDAQ · Minerva Neurosciences Inc
22 Aug 20252.44
4.72
93.84%
Buy
1.33
-
-
NEWT
NASDAQ · NewtekOne, Inc.
26 Apr 20249.66
14.26
47.62%
Buy
0.07
-
-
NEXT
NASDAQ · Nextdecade Corp
20 Feb 20265.48
7.99
45.80%
Buy
0.03
-
-
NGNE
NASDAQ · Neurogene Inc
2 May 202516.97
39.63
133.53%
Buy
0.20
-
-
NIO
NYSE · Nio Inc Class A ADR
1 Aug 20255.01
4.78
-4.59%
Buy
1.63
-
-
NIXX
NASDAQ · Nixxy, Inc.
26 Jun 20261.32
1.28
-3.03%
Buy
1.57
-
-
NKE
NYSE · Nike Inc
3 Jul 202644.09
44.37
0.64%
Buy
0.29
-
-
Ledger
Transaction History
Date
Action
Ticker
Price
Reason
Return
Qualifiers
16 Jan 2026
Exit
ATRA
NASDAQ · Atara Biotherapeutics Inc
4.54
20% entry drawdown
-50.81%
Entry 6 Jun 2025
9.23
16 Jan 2026
Exit
B
NYSE · Barrick Mining Corporation
48.13
Reversal Risk Warning
140.26%
Entry 11 Apr 2025
20.03
16 Jan 2026
Exit
BBVA
NYSE · Banco Bilbao Viscaya Argentaria SA ADR
23.64
Reversal Risk Warning
168.75%
Entry 23 Feb 2024
8.80
16 Jan 2026
Exit
BC
NYSE · Brunswick Corporation
87.67
Reversal Risk Warning
59.66%
Entry 6 Jun 2025
54.91
16 Jan 2026
Exit
BH
NYSE · Biglari Holdings Inc
460.20
Reversal Risk Warning
150.08%
Entry 8 Mar 2024
184.02
16 Jan 2026
Exit
BH-A
NYSE · Biglari Holdings Inc
2378.72
Reversal Risk Warning
157.16%
Entry 8 Mar 2024
925.00
16 Jan 2026
Exit
BILI
NASDAQ · Bilibili Inc
32.48
Reversal Risk Warning
175.72%
Entry 15 Mar 2024
11.78
16 Jan 2026
Exit
CACI
NYSE · CACI International Inc
635.40
Reversal Risk Warning
79.21%
Entry 4 Aug 2023
354.55
16 Jan 2026
Entry
CDLR
NYSE · Cadeler A/S
22.07
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.38
16 Jan 2026
Exit
CDZI
NASDAQ · Cadiz Inc
6.92
Reversal Risk Warning
121.79%
Entry 27 Jun 2025
3.12
16 Jan 2026
Entry
CNH
NYSE · CNH Industrial N.V.
10.81
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.04
16 Jan 2026
Exit
COLA
NASDAQ · Columbus Acquisition Corp Ordinary Shares
10.50
Reversal Risk Warning
1.55%
Entry 14 Nov 2025
10.34
16 Jan 2026
Exit
COUR
NYSE · Coursera Inc
6.29
20% entry drawdown
-26.09%
Entry 2 May 2025
8.51
16 Jan 2026
Exit
CSWC
NASDAQ · Capital Southwest Corporation
22.59
Reversal Risk Warning
45.90%
Entry 4 Aug 2023
15.48
16 Jan 2026
Exit
CTMX
NASDAQ · CytomX Therapeutics Inc
5.39
Reversal Risk Warning
480.57%
Entry 9 May 2025
0.93
16 Jan 2026
Exit
DJCO
NASDAQ · Daily Journal Corp
657.15
Reversal Risk Warning
95.06%
Entry 24 Nov 2023
336.90
16 Jan 2026
Entry
DMLP
NASDAQ · Dorchester Minerals LP
22.11
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.02
16 Jan 2026
Entry
DOW
NYSE · Dow Inc
26.98
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.59
16 Jan 2026
Entry
ECOR
NASDAQ · Electrocore LLC
7.14
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.07
16 Jan 2026
Exit
EMR
NYSE · Emerson Electric Company
148.28
Reversal Risk Warning
70.14%
Entry 14 Jul 2023
87.15
16 Jan 2026
Entry
EPC
NYSE · Edgewell Personal Care Co
18.41
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.23
16 Jan 2026
Exit
EPRX
NASDAQ · Eupraxia Pharmaceuticals Inc. Common Stock
8.75
Reversal Risk Warning
150.72%
Entry 22 Nov 2024
3.49
16 Jan 2026
Exit
EUDA
NASDAQ · EUDA Health Holdings Limited
37.00
20% entry drawdown
-21.61%
Entry 24 Oct 2025
47.20
16 Jan 2026
Exit
FBRX
NASDAQ · Forte Biosciences Inc
33.39
Reversal Risk Warning
292.82%
Entry 30 May 2025
8.50
16 Jan 2026
Entry
FGBI
NASDAQ · First Guaranty Bancshares, Inc.
8.02
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.01
16 Jan 2026
Exit
FNGR
NASDAQ · FingerMotion Inc
1.13
20% entry drawdown
-27.56%
Entry 21 Mar 2025
1.56
16 Jan 2026
Exit
FSLY
NASDAQ · Fastly, Inc. Class A Common Stock
9.03
20% entry drawdown
-21.89%
Entry 7 Nov 2025
11.56
16 Jan 2026
Exit
GCTS
NYSE · GCT Semiconductor Holding Inc
1.05
20% entry drawdown
-28.08%
Entry 20 Jun 2025
1.46
16 Jan 2026
Exit
GNL
NYSE · Global Net Lease, Inc.
9.29
Reversal Risk Warning
56.43%
Entry 24 May 2024
5.94
16 Jan 2026
Exit
GPCR
NASDAQ · Structure Therapeutics Inc. American Depositary Shares
88.64
Reversal Risk Warning
301.45%
Entry 5 Sep 2025
22.08