A tactical, rising-rates-aware mix that goes on offense when tech and Treasuries are calm, and tilts to gold and the U.S. dollar when they wobble. Uses 3x leveraged ETFs and sizes positions by recent stability.

It watches for sharp, recent drops in two bellwethers: - QQQ (big U.S. tech; here used only as a warning light): if it falls ~6% or more in 10 days, the strategy goes defensive. - TMF (3x long U.S. Treasuries): if it falls sharply in 10 days, it also goes more defensive. When calm: about 85% goes into a mix of three funds—TQQQ (3x big tech), FAS (3x financials), TMF (3x long Treasuries). It gives more money to the ones that have been steadier over the last ~2 months and less to the jumpy ones. When shaky: it shifts toward a defensive basket that includes gold (GLD) and the U.S. dollar (UUP). The same “give more to steadier, less to jumpy” rule applies. A small cash buffer (~15%) is held when markets are calm, but not during major tech selloffs. These are leveraged funds and can move very fast, up or down.

Out-of-sample, this volatility-switching strategy beats the S&P: 18.10% annualized return vs 14.01%; max drawdown 19.61% vs 22.09%; Calmar ~0.92, Sharpe ~0.88, beta ~0.71. Strong risk-adjusted growth with downside control.