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. for example, in the aftermath of the Russia$-$Ukraine conflict, the stocks globally fell, pushing the S&P $500$ in the Unitef States into a correction, as the imposition of sanctions against Russia over its Ukraine militancy put further stress on financial markets that have shown signs of bucking under the Federal Reserve's efforts to subdue inflation and global supply chain which still has not come to normalcy after COVID$19$ pandemic. Do you agree with this statement? Discuss why or why not.