A daily, multi-asset, leveraged ETF momentum strategy that gates decisions on SPY momentum, assigns bear or levered long bets among a small ETF universe, and uses short-term performance filters plus hedges to adapt to changing markets. Tax-friendly by avoiding K-1s.

- Daily rebalance across a compact ETF/ETP universe with levered elements (e.g., 2x or 3x exposure). - Core gating signal comes from a short-term momentum measure on SPY (RSI over a 6- to 15-day window). - If SPY looks overbought (RSI > 75), the strategy tilts toward risk-off by selecting a bear semiconductor ETF (SOXS) as a primary exposure. - If SPY momentum isn’t triggering the overbought condition, the strategy evaluates other short-term performance signals to pick top performers among a small set (e.g., CONL and BITX, COIN-related plays, NVDA proxies). - The selection among candidates uses a top-n rule based on recent cumulative return over a short window, then applies a further price/MA filter (moving-average price or moving-average return) to confirm entry signals. - A secondary layer introduces hedges and volatility plays (e.g., UVXY) when additional momentum checks align or when traditional equity exposures appear misleading; this can include cross-asset checks against indices like QQQ, SPY, XLY, XLF, and sector/volatility proxies. - The overall architecture includes multiple nested if-conditions that push different assets into a daily target portfolio, with a final daily rebalance to implement the chosen mix. - The design relies on ETFs/ETPs (K-1 free) and aims to capture tactical momentum while using hedges to mitigate drawdowns in risk-off regimes.

Out-of-sample Sharpe ~1.50 vs SPY ~0.97, annualized return ~186% vs ~17%, alpha ~1.19%, Calmar ~2.76. Daily leveraged momentum with hedges targets superior, risk-adjusted upside vs the S&P 500 (K-1 free).