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Was That the Shortest Bear Market Ever or a Bull Market Trap?

By yesterday's close, stocks had gained 21% in the last three days, making that the shortest bear market on record. The Wall Street Journal coronated the end of the three-day rally by declaring that "A new bull market has begun." Now that we're at the start of a new bull market, it's time to dive into stocks again, right? Not so fast. This has all the signs of a classic bull market trap. It's something we've been warning investors about this week. "Head fake" rallies are a common feature of bull markets. This one's no different. All signs point to markets and the economy getting even worse from here... Tags: stock market crash To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Was That the Shortest Bear Market Ever or a Bull Market Trap? appeared first on Money Morning - We Make Investing Profitable .
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