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Symphonies
A Better "Buy the Dips Nasdaq" by Garen Phillips
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A tactical Nasdaq plan: it shorts when the market looks overheated or after sharp drops, buys 3× biotech on deep weakness, and otherwise holds TQQQ plus mega‑cap tech/semis. Uses leveraged ETFs, so expect big swings.
NutHow it works
Signals use QQQ (Nasdaq‑100). A short‑term “speedometer” (RSI) flags when price is stretched: high=overheated, low=washed‑out. After a >6% 5‑day drop, it usually bets against QQQ via SQQQ (3× inverse); only if still very weak does it buy LABU (3× biotech). Without a crash, it shorts when overheated, buys biotech when washed‑out, and otherwise holds an equal mix of TQQQ (3× QQQ) plus MSFT, AAPL, AMZN, NVDA, AMD, TSM, TSLA.
CheckmarkValue prop
Out-of-sample, this tactical Nasdaq strategy targets ~42% annualized returns vs ~20% for the S&P, with Sharpe ~1.05 and Calmar ~0.90. It uses 3x Nasdaq/biotech bets—great upside but higher drawdown (~47%).

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Invest in this strategy
OOS Start Date
Mar 18, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical allocation,momentum & mean-reversion,leveraged etfs,nasdaq/tech,biotech rotation,short/hedge
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toNVDA, TQQQ, AAPL, AMZN, TSLA, AMD, TSMandMSFT. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 42.27%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 47.14%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in the symphony, simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, crypto, and options.