[8.1 After-hours: Views on US stocks] I am now half a position, and basically half long and half short (but my bulls are basically making money today). Next week I plan to mainly increase my short positions, and I will consider gradually filling them. The reason is that I think there is a high probability of going downward in the next wave, so prepare 70% short and 30% long positions. （1）
Bearish, I think the market is going to start a "recession" narrative. This is the main reason. In addition, I believe that under the leadership of the "recession" narrative, the main force of the bull market some time ago, "retail investors", will take profits to close their positions and maintain the profits earned in the past three months. In short, from both fundamental and technical perspectives, the most likely next step for the market is the "recession" narrative. （2）
The focus of my next short selling includes, first, the junk stocks represented by $arkk; second, the "recession" sensitive sector represented by $xop; Third, the bad financial report stocks represented by $wfc $gm; Fourth, the market $spy or $qqq or $iwm (3)
My long part will mainly focus on value stocks that have fallen deeply. For example, the pharmaceutical sector and so on. （4）
The current positions are as follows. Go long above the red line and go short below. （5）
The market trend is actually very obvious. Note that today's big drop comes after mag7 has already issued financial reports except for $nvda. In fact, I think that the next wave is likely to be downward, and the next wave depends on whether $nvda can single-handedly reverse the trend in the financial report on August 27. （end）
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