Read stock market ticker tape
A ticker tape parade is a parade event held in a built-up urban setting, allowing large amounts of shredded paper originally actual ticker tapebut now mostly confetti to be thrown from nearby office buildings onto the parade route, creating a celebratory effect by the snowstorm-like flurry. The concept originates from and is most usually associated with the United Statesespecially with New York City. Outside of the United States, ticker tape is often associated with the FIFA World Cup held in Argentina.
The term originated in New York City after a spontaneous celebration held on October 28,during the dedication of the Statue of Liberty [4] and is still most closely associated with New York City. The term ticker tape originally referred to the use of the paper output of ticker tape machineswhich were remotely driven devices used in brokerages to provide updated stock market quotes. The term ticker came from the sound made by the machine as it printed.
In New York City, ticker tape parades are reserved for special occasions.
How to Read a Stock Market Ticker Tape Quote | hubpages
Soon after the first such parade incity officials realized the utility of such events and began to hold them on triumphal occasions, such as the return of Theodore Roosevelt from his African safariGertrude Ederle swimming the English Channeland Charles Lindbergh 's trans-Atlantic flight. The first individual to be honored with a ticker tape parade was Admiral George Deweyhero of the battle of Manila Bayinwhen two million people came out to New York City.
Eisenhower and Admiral Chester Nimitz. Two of the read stock market ticker tape and largest ticker tape parades read stock market ticker tape given for World War II and Korean War General Douglas MacArthur inafter he was summarily relieved of duty by President Harry S.
Trumanand for astronaut John Glenn in The section of lower Broadway through the Financial District that serves as the parade route for these events is colloquially called the " Canyon of Heroes ".
More than black granite strips embedded in the sidewalks along the Canyon of Heroes list honorees of past ticker-tape parades. Ticker tape technology became obsolete in the s, understanding momentum stock trading strategies television the stock market crash october 1929 computers came into use for transmitting financial information.
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