The iPad Stock Market...Transparency is the NEW 'Alpha'

So Steve was at The Oscar’s and by far the most important person in the place. Apple $aapl also launched their first iPad commercial which of course was tight and fun:

It makes sense that the market (especially the Nasdaq) is rallying into the iPad release of early April and the momentum should carry through until at least May.

I have blogged about the importance of the iPad to the financial web .

In 1994 we got the Motley Fool. In 1998 we got TheStreet.com. It has been a black hole for financial web innovation since (save Interactive Brokers and Baby ETrade).

Cramer could have should have owned Wall Street and chose the make-up and television. For you home gamers, Cramer has done extremely well financially but $TSCM has a $110 million market cap (after doubling the last few months) with a $60 million on the balance sheet. Other than Bloomberg, which is private and charges $2,000/month, there are few exciting pure plays in the financial web. That is just wrong.

While quant funds continue to exploit what is left of any alpha in the markets, I believe that ‘Transparency is the new Alpha’.

I am excited for April and you should be too.