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
483.76
Total Return
383.76%
CAGR
56.75%
Annualized from first index week
Edge vs Market
+34.30%/yr
Beats SPY on CAGR
Risk Adjusted
Sharpe 2.67
Sortino 5.20
Current Holdings
1117
Transactions
10719
Avg 3056.2/yr ·
254.7/mo ·
58.8/wk
Exit Mix
4801
Stop 41.3% ·
Warning 58.4%
· Other 0.2%
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
AKTX
NASDAQ · Akari Therapeutics PLC
13.88
MD 1.03 · Market Dynamics Buy Signal
ALG
NYSE · Alamo Group Inc
161.48
MD 0.27 · Market Dynamics Buy Signal
ALXO
NASDAQ · Alx Oncology Holdings
2.13
MD 0.03 · Market Dynamics Buy Signal
AOS
NYSE · Smith AO Corporation
60.44
MD 0.00 · Market Dynamics Buy Signal
ARAI
NASDAQ · Arrive AI Inc.
0.42
MD 0.40 · Market Dynamics Buy Signal
ATR
NYSE · AptarGroup Inc
125.53
MD 0.18 · Market Dynamics Buy Signal
BFAM
NYSE · Bright Horizons Family Solutions Inc
73.31
MD 0.11 · Market Dynamics Buy Signal
BUR
NYSE · Burford Capital Ltd
4.19
MD 0.14 · 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 1.35 · Market Dynamics Buy Signal
JLHL
NASDAQ · Julong Holding Limited Class A Ordinary Shares
11.73
MD 0.44 · Market Dynamics Buy Signal
LAFA
NASDAQ · LaFayette Acquisition Corp. Ordinary Share
10.11
MD 1.51 · 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 2.50 · 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
RPD
NASDAQ · Rapid7 Inc
11.17
MD 1.18 · 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%
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%
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%
CWH
NYSE · Camping World Holdings Inc
6.22
20% entry drawdown · -22.06%
GAME
NASDAQ · GameSquare Holdings Inc.
0.31
20% entry drawdown · -31.37%
GKOS
NYSE · Glaukos Corp
152.72
Reversal Risk Warning · 82.11%
JEM
NASDAQ · 707 Cayman Holdings Limited Ordinary Shares
0.54
20% entry drawdown · -64.86%
KELYB
NASDAQ · Kelly Services B Inc
23.95
Reversal Risk Warning · 75.74%
LVO
NASDAQ · LiveOne Inc
5.23
20% entry drawdown · -24.64%
NEWT
NASDAQ · NewtekOne, Inc.
14.78
Reversal Risk Warning · 52.99%
OMEX
NASDAQ · Odyssey Marine Exploration Inc
0.71
20% entry drawdown · -22.37%
TLPH
NASDAQ · Talphera Inc.
1.46
Reversal Risk Warning · 196.33%
WATT
NASDAQ · Energous Corporation
17.99
20% entry drawdown · -27.25%
Live Book
Current Holdings
Ticker
Entry
Last Close
Return
Signal
MD
ROC
RS
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
-
-
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
-
-
NKTX
NASDAQ · Nkarta Inc
22 May 20263.03
2.97
-1.98%
Buy
1.14
-
-
NMAX
NYSE · Newsmax, Inc.
17 Apr 20266.95
8.23
18.42%
Buy
1.33
-
-
NMP
NASDAQ · NMP Acquisition Corp.
1 May 202610.19
10.28
0.88%
Buy
2.46
-
-
NNBR
NASDAQ · NN Inc
30 Jan 20261.49
3.48
133.56%
Buy
0.18
-
-
NNDM
NASDAQ · Nano Dimension Ltd
11 Jul 20251.58
1.50
-5.06%
Buy
0.14
-
-
NOA
NYSE · North American Construction Group Ltd
24 Oct 202514.96
13.67
-8.60%
Buy
0.03
-
-
NOG
NYSE · Northern Oil & Gas Inc
12 Dec 202521.82
18.52
-15.13%
Buy
0.07
-
-
NOMA
NASDAQ · NOMADAR Corp. Class A Common Stock
22 May 20263.60
3.11
-13.75%
Buy
0.33
-
-
NOMD
NYSE · Nomad Foods Ltd
5 Jun 20269.91
11.53
16.35%
Buy
0.05
-
-
NOVT
NASDAQ · Novanta Inc
30 May 2025123.82
156.65
26.51%
Buy
0.03
-
-
NOW
NYSE · ServiceNow Inc
22 May 2026102.13
107.71
5.46%
Buy
0.41
-
-
NRT
NYSE · North European Oil Royalty Trust
26 Sep 20255.25
7.31
39.22%
Buy
0.56
-
-
NRXP
NASDAQ · NRX Pharmaceuticals Inc
10 Apr 20262.22
4.19
88.74%
Buy
0.03
-
-
NSIT
NASDAQ · Insight Enterprises Inc
22 May 202697.73
119.81
22.59%
Buy
1.28
-
-
NSP
NYSE · Insperity Inc
8 May 202632.02
45.51
42.15%
Buy
0.09
-
-
NSSC
NASDAQ · NAPCO Security Technologies Inc
16 May 202527.30
36.07
32.12%
Buy
0.11
-
-
NTIC
NASDAQ · Northern Technologies
4 Jul 20258.25
8.15
-1.20%
Buy
0.03
-
-
NTLA
NASDAQ · Intellia Therapeutics Inc
20 Feb 202612.64
14.22
12.46%
Buy
0.15
-
-
NTNX
NASDAQ · Nutanix Inc
24 Apr 202640.56
54.79
35.08%
Buy
0.02
-
-
NVAX
NASDAQ · Novavax Inc
30 May 20257.34
9.33
27.11%
Buy
0.03
-
-
NVCR
NASDAQ · Novocure Ltd
1 May 202616.62
16.30
-1.93%
Buy
0.19
-
-
Ledger
Transaction History
Date
Action
Ticker
Price
Reason
Return
Qualifiers
1 May 2026
Entry
CHGG
NYSE · Chegg Inc
1.12
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.25
1 May 2026
Entry
CLPR
NYSE · Clipper Realty Inc
3.24
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.05
1 May 2026
Exit
CLX
NYSE · The Clorox Company
87.11
20% entry drawdown
-21.78%
Entry 30 Jan 2026
111.36
1 May 2026
Entry
CNDT
NASDAQ · Conduent Inc
1.75
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.43
1 May 2026
Entry
CNNE
NYSE · Cannae Holdings Inc
13.53
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.15
1 May 2026
Entry
CTEV
NYSE · Claritev Corporation
24.93
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.01
1 May 2026
Exit
CTRI
NYSE · Centuri Holdings, Inc.
39.25
Reversal Risk Warning
100.87%
Entry 16 May 2025
19.54
1 May 2026
Exit
CVE
NYSE · Cenovus Energy Inc
29.10
Reversal Risk Warning
101.94%
Entry 13 Jun 2025
14.41
1 May 2026
Entry
CVKD
NASDAQ · Cadrenal Therapeutics, Inc. Common Stock
6.35
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.07
1 May 2026
Exit
CVV
NASDAQ · CVD Equipment Corporation
8.05
Reversal Risk Warning
157.19%
Entry 6 Jun 2025
3.13
1 May 2026
Entry
DCBO
NASDAQ · Docebo Inc
20.67
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.33
1 May 2026
Exit
DINO
NYSE · HF Sinclair Corp
68.70
Reversal Risk Warning
94.44%
Entry 16 May 2025
35.33
1 May 2026
Entry
DSGX
NASDAQ · Descartes Systems Group Inc
73.13
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.22
1 May 2026
Entry
DT
NYSE · Dynatrace Holdings LLC
37.61
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.07
1 May 2026
Exit
DTM
NYSE · DT Midstream Inc
146.54
Reversal Risk Warning
123.77%
Entry 21 Jun 2024
65.49
1 May 2026
Entry
DV
NYSE · DoubleVerify Holdings Inc
11.31
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.91
1 May 2026
Entry
DXLG
NASDAQ · Destination XL Group Inc
0.62
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.22
1 May 2026
Exit
EDSA
NASDAQ · Edesa Biotech Inc
17.59
Reversal Risk Warning
169.79%
Entry 6 Mar 2026
6.52
1 May 2026
Exit
EFXT
NYSE · Enerflex Ltd.
27.13
Reversal Risk Warning
185.08%
Entry 15 Aug 2025
9.52
1 May 2026
Entry
EIC
NYSE · Eagle Point Income Company Inc
9.80
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.09
1 May 2026
Exit
EME
NYSE · EMCOR Group Inc
903.50
Reversal Risk Warning
183.77%
Entry 1 Mar 2024
318.39
1 May 2026
Entry
ENVX
NASDAQ · Enovix Corp
6.77
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.38
1 May 2026
Exit
ESE
NYSE · ESCO Technologies Inc
326.88
Reversal Risk Warning
163.82%
Entry 26 Jul 2024
123.90
1 May 2026
Exit
EZPW
NASDAQ · EZCORP Inc
32.36
Reversal Risk Warning
174.24%
Entry 16 Aug 2024
11.80
1 May 2026
Entry
FA
NASDAQ · First Advantage Corp
12.97
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.02
1 May 2026
Entry
FCEL
NASDAQ · FuelCell Energy Inc
13.31
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.44
1 May 2026
Entry
FG
NYSE · F&G Annuities & Life Inc.
27.86
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.21
1 May 2026
Entry
FIVN
NASDAQ · Five9 Inc
22.24
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.12
1 May 2026
Entry
GCTS
NYSE · GCT Semiconductor Holding Inc
1.59
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.17
1 May 2026
Entry
GDRX
NASDAQ · Goodrx Holdings Inc
2.55
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.65