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.