Reading the tape

Reading the tape

Judging the performance of stocks by monitoring changes in price as they are displayed on the ticker tape.

Read the Tape

Informal; to observe transactions on the market without participating. Investors generally read the tape in order to identify buy and sell points. Regulators may also read the tape to look for evidence of illegal or unethical trades.
Mentioned in ?
References in periodicals archive ?
Partridge kept on telling the other customers, "Well, you know this is a bull market!" he really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and its trend.