By David Fessler In sports, a “head fake” is when a player moves their head to deceive an opponent regarding their direction of movement.
But a head fake can also happen in the stock market. That’s when a move in the market or a stock is quickly followed by a move in the opposite direction.
The market has had quite a few head fakes in recent weeks. And there will probably be more to come, especially in the oil industry.
Is This for Real?
Last week, President Trump indicated he was working on a deal to get Russia and Saudi Arabia to cut oil production by 10 …read more