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
479.75
Total Return
379.75%
CAGR
56.00%
Annualized from first index week
Edge vs Market
+34.22%/yr
Beats SPY on CAGR
Risk Adjusted
Sharpe 2.65
Sortino 5.16
Current Holdings
1081
Transactions
10781
Avg 3057.2/yr ·
254.8/mo ·
58.8/wk
Exit Mix
4850
Stop 41.5% ·
Warning 58.0%
· 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
ADBE
NASDAQ · Adobe Systems Incorporated
237.25
MD 0.17 · Market Dynamics Buy Signal
BL
NASDAQ · Blackline Inc
30.29
MD 0.18 · Market Dynamics Buy Signal
BLKB
NASDAQ · Blackbaud Inc
32.40
MD 0.13 · Market Dynamics Buy Signal
CDNL
NASDAQ · Cardinal Infrastructure Group Inc. Class A Common Stock
71.23
MD 1.59 · Market Dynamics Buy Signal
CURV
NYSE · Torrid Holdings Inc
2.33
MD 0.16 · Market Dynamics Buy Signal
DFIN
NYSE · Donnelley Financial Solutions Inc
49.95
MD 0.06 · Market Dynamics Buy Signal
EXPO
NASDAQ · Exponent Inc
62.88
MD 0.09 · Market Dynamics Buy Signal
FIS
NYSE · Fidelity National Information Services Inc
41.91
MD 0.19 · Market Dynamics Buy Signal
HCKT
NASDAQ · The Hackett Group Inc
10.34
MD 0.19 · Market Dynamics Buy Signal
ICFI
NASDAQ · ICF International Inc
78.86
MD 0.80 · Market Dynamics Buy Signal
LAW
NYSE · CS Disco LLC
4.05
MD 0.26 · Market Dynamics Buy Signal
NRDS
NASDAQ · Nerdwallet Inc
9.26
MD 0.13 · Market Dynamics Buy Signal
ONT
NYSE · Onterris
20.93
MD 0.36 · Market Dynamics Buy Signal
OPRX
NASDAQ · OPTIMIZERx Corp
6.69
MD 0.86 · Market Dynamics Buy Signal
PODD
NASDAQ · Insulet Corporation
164.06
MD 0.42 · Market Dynamics Buy Signal
RCEL
NASDAQ · Avita Medical Ltd
5.10
MD 0.39 · Market Dynamics Buy Signal
UPWK
NASDAQ · Upwork Inc
9.06
MD 0.10 · Market Dynamics Buy Signal
XRAY
NASDAQ · Dentsply Sirona Inc
14.05
MD 0.72 · Market Dynamics Buy Signal
Positions Out
Closed at weekly close
ACB
NASDAQ · Aurora Cannabis Inc
2.63
20% entry drawdown · -20.78%
AIFU
NASDAQ · Fanhua Inc.
34.52
20% entry drawdown · -25.28%
AKTX
NASDAQ · Akari Therapeutics PLC
11.01
20% entry drawdown · -20.68%
ALDX
NASDAQ · Aldeyra The
1.69
20% entry drawdown · -25.55%
ARCT
NASDAQ · Arcturus Therapeutics Holdings Inc
6.05
20% entry drawdown · -26.49%
AWRE
NASDAQ · Aware Inc
1.11
20% entry drawdown · -26.97%
BEEM
NASDAQ · Beam Global
1.03
20% entry drawdown · -24.82%
BNAI
NASDAQ · Brand Engagement Network Inc
11.62
20% entry drawdown · -29.49%
BTBT
NASDAQ · Bit Digital Inc
1.40
20% entry drawdown · -29.65%
EIX
NYSE · Edison International
77.63
Reversal Risk Warning · 49.97%
EVGO
NASDAQ · Evgo Inc
1.68
20% entry drawdown · -20.94%
EVO
NASDAQ · Evotec SE ADR
1.96
20% entry drawdown · -27.94%
GENK
NASDAQ · GEN Restaurant Group, Inc. Class A Common Stock
1.77
20% entry drawdown · -24.36%
GLXG
NASDAQ · Galaxy Payroll Group Limited Ordinary Shares
1.05
20% entry drawdown · -28.08%
HUBG
NASDAQ · Hub Group Inc
51.22
Reversal Risk Warning · 45.11%
INV
NASDAQ · Innventure, Inc.
3.37
20% entry drawdown · -27.37%
JLHL
NASDAQ · Julong Holding Limited Class A Ordinary Shares
9.35
20% entry drawdown · -20.29%
LEDS
NASDAQ · SemiLEDS Corporation
3.01
Reversal Risk Warning · 67.22%
LONA
NASDAQ · LeonaBio, Inc.
7.22
20% entry drawdown · -27.22%
MTEX
NASDAQ · Mannatech Incorporated
4.25
20% entry drawdown · -21.59%
OABI
NASDAQ · OmniAb Inc.
2.12
20% entry drawdown · -20.00%
OCCI
NASDAQ · OFS Credit Company Inc
2.27
20% entry drawdown · -23.83%
PBF
NYSE · PBF Energy Inc
62.75
Reversal Risk Warning · 219.84%
PLUG
NASDAQ · Plug Power Inc
2.17
20% entry drawdown · -20.80%
PMCB
NASDAQ · PharmaCyte Biotech Inc
0.63
20% entry drawdown · -21.31%
PMEC
NASDAQ · Primech Holdings Ltd. Ordinary Shares
0.52
20% entry drawdown · -28.59%
QFIN
NASDAQ · 360 Finance Inc
12.73
20% entry drawdown · -20.83%
RPT
NYSE · Rithm Property Trust Inc.
10.89
20% entry drawdown · -27.03%
RXRX
NASDAQ · Recursion Pharmaceuticals Inc
2.95
20% entry drawdown · -22.50%
SNPS
NASDAQ · Synopsys Inc
384.28
20% entry drawdown · -25.60%
SORA
NASDAQ · Top Win International Limited
1.73
20% entry drawdown · -23.18%
VERU
NASDAQ · Veru Inc
2.38
20% entry drawdown · -30.00%
WING
NASDAQ · Wingstop Inc
142.33
20% entry drawdown · -20.03%
WW
NASDAQ · WW International, Inc. Common Stock
14.57
20% entry drawdown · -21.46%
ZSQR
NASDAQ · Z Squared Inc.
5.06
20% entry drawdown · -45.47%
Live Book
Current Holdings
Ticker
Entry
Last Close
Return
Signal
MD
ROC
RS
TECH
NASDAQ · Bio-Techne Corp
19 Jun 202657.94
72.12
24.47%
Buy
0.11
-
-
TECX
NASDAQ · Tectonic Therapeutic, Inc.
21 Nov 202519.18
32.60
69.97%
Buy
0.02
-
-
TENB
NASDAQ · Tenable Holdings Inc
1 May 202621.23
39.88
87.85%
Buy
0.34
-
-
TENX
NASDAQ · Tenax Therapeutics Inc
26 Sep 20257.26
15.85
118.32%
Buy
1.03
-
-
TFIN
NYSE · Triumph Financial, Inc.
7 Nov 202553.86
80.61
49.67%
Buy
0.08
-
-
TFX
NYSE · Teleflex Incorporated
25 Jul 2025115.85
134.61
16.20%
Buy
0.19
-
-
TGE
NYSE · The Generation Essentials Group
12 Jun 20261.04
0.94
-9.62%
Buy
0.05
-
-
TGHL
NASDAQ · The GrowHub Limited Class A Ordinary Shares
10 Apr 20260.36
1.04
189.61%
Buy
0.59
-
-
TGT
NYSE · Target Corporation
27 Jun 202595.12
139.60
46.77%
Buy
0.27
-
-
THRM
NASDAQ · Gentherm Inc
6 Jun 202527.05
35.94
32.87%
Buy
0.10
-
-
TITN
NASDAQ · Titan Machinery Inc
28 Mar 202517.27
19.14
10.83%
Buy
0.63
-
-
TJGC
NASDAQ · TJGC Group Limited
10 Apr 20262.82
4.47
58.51%
Buy
0.67
-
-
TLF
NASDAQ · Tandy Leather Factory Inc
6 Feb 20262.41
2.40
-0.65%
Buy
0.51
-
-
TLIH
NASDAQ · Ten-League International Holdings Limited Ordinary Shares
1 May 20263.66
5.70
55.74%
Buy
0.29
-
-
TLSI
NASDAQ · TriSalus Life Sciences Inc.
26 Jun 20264.73
4.29
-9.30%
Buy
0.10
-
-
TLX
NASDAQ · Telix Pharmaceuticals Limited
6 Mar 20267.52
10.46
39.10%
Buy
0.31
-
-
TLYS
NYSE · Tillys Inc
13 Mar 20262.69
3.96
47.21%
Buy
0.32
-
-
TMCI
NASDAQ · Treace Medical Concepts Inc
15 May 20262.66
4.30
61.65%
Buy
0.92
-
-
TNC
NYSE · Tennant Company
24 Apr 202681.23
86.11
6.01%
Buy
0.11
-
-
TOMZ
NASDAQ · TOMI Environmental Solutions Inc
15 May 20260.78
0.69
-10.95%
Buy
0.53
-
-
TREX
NYSE · Trex Company Inc
23 Jan 202642.55
45.13
6.06%
Buy
0.12
-
-
TRIP
NASDAQ · TripAdvisor Inc
1 May 202611.56
14.58
26.12%
Buy
0.05
-
-
TRNS
NASDAQ · Transcat Inc
6 Feb 202676.33
87.90
15.16%
Buy
0.59
-
-
TROX
NYSE · Tronox Holdings PLC
23 Jan 20266.21
5.84
-5.98%
Buy
1.79
-
-
TRUP
NASDAQ · Trupanion Inc
19 Jun 202623.54
26.70
13.42%
Buy
0.11
-
-
TSQ
NYSE · Townsquare Media Inc
23 Jan 20265.65
6.61
16.91%
Buy
0.17
-
-
TTEK
NASDAQ · Tetra Tech Inc
10 Jul 202630.99
31.59
1.94%
Buy
0.06
-
-
TULP
NASDAQ · Bloomia Holdings, Inc.
22 Nov 20244.13
3.53
-14.53%
Buy
0.21
-
-
TUSK
NASDAQ · Mammoth Energy Services Inc
16 Jan 20262.29
2.80
22.27%
Buy
0.35
-
-
TV
NYSE · Grupo Televisa SAB ADR
21 Feb 20251.85
2.71
46.33%
Buy
0.21
-
-
Ledger
Transaction History
Date
Action
Ticker
Price
Reason
Return
Qualifiers
6 Feb 2026
Entry
DHX
NYSE · DHI Group Inc
1.99
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.01
6 Feb 2026
Exit
DKL
NYSE · Delek Logistics Partners LP
51.45
Reversal Risk Warning
42.17%
Entry 3 Nov 2023
36.19
6 Feb 2026
Exit
DOV
NYSE · Dover Corporation
222.60
Reversal Risk Warning
54.36%
Entry 1 Sep 2023
144.21
6 Feb 2026
Exit
EAF
NYSE · GrafTech International Ltd
8.44
20% entry drawdown
-27.24%
Entry 6 Jun 2025
11.60
6 Feb 2026
Exit
EBC
NASDAQ · Eastern Bankshares Inc
21.58
Reversal Risk Warning
60.35%
Entry 15 Dec 2023
13.46
6 Feb 2026
Exit
EBMT
NASDAQ · Eagle Bancorp Montana Inc
23.14
Reversal Risk Warning
85.88%
Entry 21 Jul 2023
12.45
6 Feb 2026
Exit
ECOR
NASDAQ · Electrocore LLC
5.45
20% entry drawdown
-23.67%
Entry 16 Jan 2026
7.14
6 Feb 2026
Exit
EGBN
NASDAQ · Eagle Bancorp Inc
27.57
Reversal Risk Warning
53.11%
Entry 15 Aug 2025
18.01
6 Feb 2026
Exit
ELAN
NYSE · Elanco Animal Health
25.20
Reversal Risk Warning
95.05%
Entry 16 May 2025
12.92
6 Feb 2026
Exit
ESQ
NASDAQ · Esquire Financial Holdings Inc
114.94
Reversal Risk Warning
111.86%
Entry 19 Jul 2024
54.25
6 Feb 2026
Exit
FBNC
NASDAQ · First Bancorp
61.97
Reversal Risk Warning
96.25%
Entry 21 Jul 2023
31.58
6 Feb 2026
Exit
FELE
NASDAQ · Franklin Electric Co Inc
107.25
Reversal Risk Warning
18.39%
Entry 11 Jul 2025
90.59
6 Feb 2026
Exit
FER
NASDAQ · Ferrovial SE
70.55
Reversal Risk Warning
69.57%
Entry 27 Sep 2024
41.60
6 Feb 2026
Exit
FHN
NYSE · First Horizon Corporation
25.85
Reversal Risk Warning
112.31%
Entry 1 Dec 2023
12.18
6 Feb 2026
Exit
FIBK
NASDAQ · First Interstate BancSystem Inc
37.84
Reversal Risk Warning
83.98%
Entry 14 Jul 2023
20.57
6 Feb 2026
Exit
FITB
NASDAQ · Fifth Third Bancorp
54.61
Reversal Risk Warning
114.78%
Entry 21 Jul 2023
25.43
6 Feb 2026
Exit
FLS
NYSE · Flowserve Corporation
85.20
Reversal Risk Warning
93.36%
Entry 22 Mar 2024
44.06
6 Feb 2026
Exit
FNB
NYSE · F.N.B. Corp
18.63
Reversal Risk Warning
62.94%
Entry 1 Dec 2023
11.43
6 Feb 2026
Exit
GATX
NYSE · GATX Corporation
187.06
Reversal Risk Warning
65.47%
Entry 15 Dec 2023
113.05
6 Feb 2026
Exit
GDYN
NASDAQ · Grid Dynamics Holdings Inc
7.13
20% entry drawdown
-23.66%
Entry 31 Oct 2025
9.34
6 Feb 2026
Exit
GEF
NYSE · Greif Bros Corporation
74.01
Reversal Risk Warning
16.23%
Entry 6 Jun 2025
63.67
6 Feb 2026
Exit
GEL
NYSE · Genesis Energy LP
17.01
Reversal Risk Warning
87.31%
Entry 1 Sep 2023
9.08
6 Feb 2026
Exit
GFF
NYSE · Griffon Corporation
94.36
Reversal Risk Warning
131.85%
Entry 14 Jul 2023
40.70
6 Feb 2026
Exit
GIL
NYSE · Gildan Activewear Inc.
70.61
Reversal Risk Warning
108.18%
Entry 17 Nov 2023
33.92
6 Feb 2026
Exit
GILD
NASDAQ · Gilead Sciences Inc
150.65
Reversal Risk Warning
101.79%
Entry 3 Nov 2023
74.66
6 Feb 2026
Entry
GROV
NYSE · Grove Collaborative Holdings, Inc.
1.53
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.23
6 Feb 2026
Exit
GSK
NYSE · GlaxoSmithKline PLC ADR
59.27
Reversal Risk Warning
76.15%
Entry 15 Sep 2023
33.65
6 Feb 2026
Exit
HFWA
NASDAQ · Heritage Financial Corporation
27.95
Reversal Risk Warning
69.41%
Entry 28 Jul 2023
16.50
6 Feb 2026
Exit
HIFS
NASDAQ · Hingham Institution for Savings
332.62
Reversal Risk Warning
73.00%
Entry 15 Dec 2023
192.26
6 Feb 2026
Exit
HON
NASDAQ · Honeywell International Inc
247.41
Reversal Risk Warning
36.45%
Entry 24 Nov 2023
181.32