A daily switcher between QQQ (Nasdaq‑100) and PSQ (inverse QQQ). It owns QQQ when stock and bond signals look healthy, and flips to PSQ when fear, rate or commodity stress, or overbought conditions appear. Target drawdown about 15.7%.

Each day it holds one fund: QQQ (tracks the Nasdaq‑100) or PSQ (moves opposite QQQ). It reads five dials: 1) stock “heat” via RSI (a 0–100 hot‑cold score), 2) interest‑rate trend from Treasury ETFs (TLT, IEF, BIL), 3) fear spikes via UVXY, 4) commodity stress via DBC vs stocks, 5) extreme moves in leveraged QQQ (TQQQ). Healthy = QQQ. Danger/overheat = PSQ. Rebalanced daily.

Out-of-sample QQQ/PSQ switching uses risk signals to ride uptrends and guard against stress. Higher upside and better risk control vs SPY: 29.8% vs 20.9% annualized; oos Sharpe 1.32 vs 1.21; beta ~0.90; drawdowns 17.95% vs 18.76%.