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
ZVIA
NYSE · Zevia Pbc
15 May 20261.33
1.70
27.82%
Buy
0.17
-
-
Ledger
Transaction History
Date
Action
Ticker
Price
Reason
Return
Qualifiers
13 Feb 2026
Exit
HUBB
NYSE · Hubbell Inc
521.11
Reversal Risk Warning
76.50%
Entry 11 Aug 2023
295.24
13 Feb 2026
Exit
IMKTA
NASDAQ · Ingles Markets Incorporated
89.19
Reversal Risk Warning
22.40%
Entry 29 Nov 2024
72.87
13 Feb 2026
Entry
IMUX
NASDAQ · Immunic Inc
9.13
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.33
13 Feb 2026
Exit
IPGP
NASDAQ · IPG Photonics Corporation
153.91
Reversal Risk Warning
138.25%
Entry 23 May 2025
64.60
13 Feb 2026
Entry
IRDM
NASDAQ · Iridium Communications Inc
22.96
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.17
13 Feb 2026
Exit
JELD
NYSE · Jeld-Wen Holding Inc
2.24
20% entry drawdown
-23.55%
Entry 6 Feb 2026
2.93
13 Feb 2026
Exit
JNJ
NYSE · Johnson & Johnson
240.77
Reversal Risk Warning
66.51%
Entry 22 Dec 2023
144.60
13 Feb 2026
Exit
KB
NYSE · KB Financial Group Inc
112.88
Reversal Risk Warning
142.73%
Entry 9 Feb 2024
46.51
13 Feb 2026
Entry
KMB
NASDAQ · Kimberly-Clark Corporation
106.71
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.25
13 Feb 2026
Exit
KMI
NYSE · Kinder Morgan Inc
31.43
Reversal Risk Warning
83.13%
Entry 10 May 2024
17.16
13 Feb 2026
Entry
KOS
NYSE · Kosmos Energy Ltd
1.68
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.03
13 Feb 2026
Exit
KT
NYSE · KT Corporation
23.36
Reversal Risk Warning
91.94%
Entry 15 Dec 2023
12.17
13 Feb 2026
Entry
LEE
NASDAQ · Lee Enterprises Incorporated
6.90
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.51
13 Feb 2026
Entry
LGVN
NASDAQ · Longeveron LLC
0.54
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.33
13 Feb 2026
Exit
LMT
NYSE · Lockheed Martin Corporation
644.96
Reversal Risk Warning
53.18%
Entry 3 Nov 2023
421.05
13 Feb 2026
Exit
LPRO
NASDAQ · Open Lending Corp
1.36
20% entry drawdown
-35.55%
Entry 16 Jan 2026
2.11
13 Feb 2026
Exit
LSPD
NYSE · Lightspeed Commerce Inc
8.99
20% entry drawdown
-21.83%
Entry 6 Jun 2025
11.50
13 Feb 2026
Exit
LTC
NYSE · LTC Properties Inc
38.61
Reversal Risk Warning
40.53%
Entry 1 Sep 2023
27.47
13 Feb 2026
Exit
MAX
NYSE · MediaAlpha Inc.
7.17
20% entry drawdown
-22.90%
Entry 14 Mar 2025
9.30
13 Feb 2026
Exit
MCRB
NASDAQ · Seres Therapeutics Inc
8.47
20% entry drawdown
-32.62%
Entry 11 Jul 2025
12.57
13 Feb 2026
Exit
MEGI
NYSE · MainStay CBRE Global Infrastructure Megatrends Fund
14.91
Reversal Risk Warning
53.06%
Entry 1 Dec 2023
9.74
13 Feb 2026
Exit
MFG
NYSE · Mizuho Financial Group Inc.
9.90
Reversal Risk Warning
147.59%
Entry 8 Mar 2024
4.00
13 Feb 2026
Exit
MGA
NYSE · Magna International Inc
67.64
Reversal Risk Warning
88.02%
Entry 13 Jun 2025
35.98
13 Feb 2026
Exit
MIDD
NASDAQ · Middleby Corp
105.36
Reversal Risk Warning
23.62%
Entry 15 Aug 2025
85.23
13 Feb 2026
Exit
MPLX
NYSE · MPLX LP
55.72
Reversal Risk Warning
70.59%
Entry 16 Feb 2024
32.66
13 Feb 2026
Entry
MXL
NASDAQ · MaxLinear Inc
19.53
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.73
13 Feb 2026
Exit
MYGN
NASDAQ · Myriad Genetics Inc
4.49
20% entry drawdown
-28.96%
Entry 8 Aug 2025
6.32
13 Feb 2026
Exit
NC
NYSE · NACCO Industries Inc
54.98
Reversal Risk Warning
85.00%
Entry 24 May 2024
29.72
13 Feb 2026
Exit
NEE
NYSE · Nextera Energy Inc
92.51
Reversal Risk Warning
61.90%
Entry 15 Dec 2023
57.14
13 Feb 2026
Exit
NGG
NYSE · National Grid PLC ADR
90.00
Reversal Risk Warning
67.04%
Entry 24 Nov 2023
53.88