MOVING AVERAGE: The quiet line that taught markets to follow themselves

Image by: Knelstrom Media. MOVING AVERAGE: The quiet line that taught markets to follow themselves By Martin Foskett, Reporter PUBLISHED: UPDATED: The moving average may be the least glamorous object ever to gain near-mystical status in financial markets. It is a line calculated from old prices, dragged across a chart like a length of electrical

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When markets had lungs: the death of the trading pit

Image by: Knelstrom Media. When markets had lungs: the death of the trading pit By Martin Foskett, Reporter PUBLISHED: UPDATED: There was a time when global capitalism conducted its business by packing several hundred men into a stepped wooden pit and encouraging them to scream numbers at one another. Fortunes travelled through raised fingers. Wheat

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