A daily, cash-equal, momentum-driven, small multi-asset strategy that mainly bets on risk assets (levered/equity-like funds and volatility/gold proxies) but uses a short-term volatility screen and a broad-market signal (QQQ) to pull back into cash when conditions worsen. It also includes GBTC exposure and a safety hedge in a compact, rule-based framework.

- Start with cash and divide it equally among a selected group of assets each day. - Build the asset pool from NAIL, SPHB, VIXM, UGL, GBTC, and a cash proxy (BIL). - Safer NAIL step: among the four risk assets (NAIL, SPHB, VIXM, UGL), pick the one with the lowest short-term volatility (based on a 5-day lookback). This is the “safest” choice among the risk set. - Momentum filter: among the candidates (including the Safer NAIL choice and GBTC, possibly others in the pool), evaluate their 10-day moving-average return and pick the top one. - Market-state gate using QQQ (Nasdaq-100 tracking ETF): if the 10-day cumulative return of QQQ is better than -1%, proceed with the risk-asset pick(s); if not, shift toward BIL (cash). There is an additional nested condition that can push toward BIL in certain QQQ-return ranges, reinforcing a safety bias in weak markets. - Apply equal cash weights to the final selected assets and rebalance daily.

Out-of-sample performance beats the S&P 500: ~34% annualized return vs ~19%, Sharpe ~1.20 vs ~1.11, Calmar ~2.29, drawdown ~15% vs ~19%, beta ~0.27. Risk-managed, momentum-driven, multi-asset strategy with cash guard.