U.S. stocks closed lower Tuesday after a failed attempt to rally from the Dow's worst 3-day point decline. It’s something I have not seen since the 2008 GLOBAL financial crisis.The market had its first rally of the downtrend yesterday but it would be a BIG mistake to get bullish for new long-term investments at this point. The major trend is down. The odds favor that this is to be only the first phase of the decline. Today’s rally could take us to 1965 - 2040 level on the …
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