RSI-triggered, single-name tech strategy on Alphabet: >70 = 1x Bear ETF, <65 = 2x Bull ETF, 65–70 = Alphabet stock; 100% allocation to the chosen asset; no automatic rebalancing.

Here's how it works in plain language: 1) Look at Alphabet’s stock (GOOGL) using a 14-day RSI, a momentum gauge. 2) If RSI is above 70, you buy a bear ETF (GGLS) that profits when Alphabet falls. 3) If RSI is below 65, you buy a levered bull ETF (GGLL) that aims to double Alphabet’s moves upward. 4) If RSI is between 65 and 70, you buy the Alphabet stock itself (GOOGL). 5) You invest all of your cash into the chosen asset (100% allocation) and do not rebalance on a schedule—only when the RSI signal changes. 6) This is concentrated (one asset at a time) and uses leverage/inverse exposure, which can lead to large gains or losses quickly. 7) It assumes RSI is a useful momentum/mean-reversion guide for Alphabet, but RSI is lagging and levered ETFs reset daily, so results can differ from expectations over longer periods.

Out-of-sample edge: Sharpe ~1.21, annualized return ~65%, Calmar ~1.24 vs SPY, with max drawdown ~53%. Concentrated, levered RSI bets on Alphabet offer higher risk-adjusted upside, despite bigger drawdowns.