read the tape(redirected from Reads the 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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
read the tape
To observe security price and volume information as it appears on the consolidated tape. Some traders read the tape in an attempt to spot irregular trades or price movements that signal buying or selling opportunities.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.