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NOVA | V1a TECL/BITX/CONL or not - Replace UVXY w/ SOXS
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About

A fast, daily strategy using leveraged ETFs. Half trades mean‑reversion around tech (SOXS, UVXY, SOXL, BITX, CONL). The other half owns 2x Coinbase (CONL) only when trend and bond‑vs‑stock signals are favorable; otherwise it parks in T‑Bills (BIL).
NutHow it works
Daily rebalance. Split 50/50. Sleeve A: TQQQ acts as a thermometer. If it’s “too hot” (RSI = hot/cold gauge) short semis (SOXS). After sharp falls, buy volatility (UVXY) or a rebound via SOXL + 2x Bitcoin (BITX) + 2x Coinbase (CONL). If stress (big recent drops) is high, hold T‑Bills (BIL). Sleeve B: Hold 2x Coinbase (CONL) only when COIN > its 25‑day average and bond momentum beats stock momentum; otherwise BIL.
CheckmarkValue prop
Out-of-sample results show high risk and negative alpha vs the S&P, with deep drawdowns. Best as a satellite for diversification and volatility hedging, not as core growth; requires strict risk controls (BIL).
Invest in this strategy
OOS Start Date
Jul 5, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical, daily rebalanced, leveraged etfs, mean reversion, momentum filters, semiconductors, crypto, volatility, risk-off to cash
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type