We are taught in business school that the markets are efficient. At the same time we are also taught that from our education we are better than average, so maybe we can find investment loopholes. All information that can be read in the Wall Street Journal or any other public media should already be accounted for in the market. Once it is public, it is probably too late to take advantage of. It is public information that Apple is releasing their second iPad and recently the unveiling was given a date for March 2nd. Apple's stock price is very expensive so it takes large price movements to see large percentage price swings. But over the past week Apples share price has increased 2% and 1.5% on Friday, so it appears that the market has high expectations for the public perception of the new tablet.
Wednesday March 2nd, Apple will unveil their second tablet and it will be interesting to follow trading levels throughout the week.
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