Question: The relationship between supply and demand is highly sensitive to the news of the moment. Professional traders recommend that chasing the news is not a

The relationship between supply and demand is highly sensitive to the news of the moment. Professional traders recommend that chasing the news is not a good stock-picking strategy. In most cases, professional traders react in anticipation of an event, not when the event is reported. Do you agree with this statement? Discuss why or why not.

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