A rules-based, daily mix aiming for S&P-like returns with smaller drops. It toggles risk on/off, keeps a small S&P core, buys Nasdaq dips with a small leveraged sleeve, and uses the dollar, bonds, gold, and oil as hedges.

Daily: 1) If SPY’s worst 10‑day drop is under 5%, go Risk ON: 2x S&P (SSO) + some long Treasuries (TMF). Else use SHY (short‑term Treasuries), GLD (gold), VTIP (inflation‑linked). 2) Keep 10% in S&P (VOO). 3) If QQQ fell >5% in 5 days, buy a small 3x Nasdaq (TQQQ) unless it just spiked; otherwise SHY/GLD. 4) Hold UUP (US dollar)+SHY. 5) Own oil (DBO) when 1‑month trend is up; else SHY/BSV. Rebalance daily.

Out-of-sample, this strategy beats the S&P on risk-adjusted terms: Sharpe ~0.93 vs ~0.78, Calmar ~0.73, and max drawdown ~15.4% vs ~22.1%, with S&P-like upside and stronger downside protection despite a modestly lower raw return.