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TeachMeFinance.com - explain Turn of the market historic definition... Turn of the market -- Wall Street term for the point at which the stock market changes its course. On the London Stock Exchange the jobber (who is practically a wholesaler) will buy at one price or will sell at another. The price midway between that at which he will buy and that at which he will sell and he will do either is called the middle price ; the jobber expects to undo or cover his bargain by a fresli bargain with another jobber at the middle price ; the turn of the market is the difference between the middle price and the price at which the jobber bought or sold. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.