A daily, rule-based tactical strategy that starts with SGOV (60%) as a cash-like base and dynamically tilts the rest into leveraged long or inverse ETFs based on trend (SPY vs 200-day MA) and momentum signals (RSI across major ETFs), with a KMLM SMA timing gate to reduce churn and a wash-sale aware design.

Here's the idea in plain language. 1) Start with 60% of the portfolio in SGOV, a safe-cash proxy (short-term U.S. Treasuries). The rest is available for riskier bets. 2) Every day, check the market’s trend and momentum signals. A key trend check is: is SPY (a broad stock market proxy) above its 200-day average? If yes, the system is more willing to take risk; if not, risk-on bets are reduced or cash is favored. 3) The model also looks at momentum measures (RSI) on several big ETFs. If several of them show very strong momentum (RSI around 79 or higher on a 10-day window), that supports taking a more aggressive tilt into leveraged long ETFs; if momentum is weak or extreme on the downside, it shifts toward hedges or cash. 4) A timing gate based on KMLM (an ETF) is used to decide whether to apply a 20-day moving-average logic. If the gate is ON (Use 20d KMLM SMA), the system uses a 20-day look-back to filter which risk assets to buy; if OFF, it uses other criteria. This helps avoid whipsaws and reduces turnover. 5) When the signal is bullish, the strategy allocates the risk portion to leveraged long ETFs (e.g., QLD, SPUU, ROM, SSO, TQQQ) in a way that aims to amplify upside when the market is momentum-driven uptrends. When the signal is bearish, the model tilts into inverse or hedged ETFs (e.g., QID, SDS, SQQQ, and related hedges) to protect against downside. There are also hedging or long/short allocations like CLSE in some branches. 6) The structure is designed to manage wash-sale considerations, meaning it tries to avoid rapid, identical replacements that could trigger a tax wash-sale rule by routing some decisions through the “Don’t Use 20d KMLM SMA” vs “Use 20d KMLM SMA” branches. 7) The intended cadence is daily rebalancing, so positions are updated each trading day based on the latest signals. 8) In short: SGOV is the safe base, and the rest of the portfolio is tactically moved among a family of leveraged long and inverse ETFs based on a wide set of momentum and trend checks, with a wash-sale aware control to reduce churn.

Out-of-sample results beat SPY on risk-adjusted return: Sharpe 1.42 vs 1.16, annualized return 63% vs 21%, Calmar 2.97, max drawdown ~21% (beta ~1). SGOV cash anchor plus trend/momentum tilts aim for higher upside with disciplined risk vs the S&P 500.