=========== Lots of volume arrives before the news; simply because lots of volume buyers volume sellerssimply do not consult CNBC, Bloomberg BEFORE they buy or sell . Also you have market makers that freely, admit in public; they have better things to wartch besides the news. Ever thought of what business did with only newspapers; most of the business in this country was done before TV?? I see your point, Mr N; cell phones do show up up the courtroom.....