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About This Video:
In this video, I will do the Stock Market news of June 21, 2017. The first thing is that Carmax (ticker symbol KMX) reported good earnings and good comparable sales. Carmax beats the EPS by $0.13 and revenue by $80 Millions. Carmax was able to have an auto stock that reported good earnings. Oracle (ticker symbol ORCL) beat the EPS by $0.11 and Revenue by $450 millions. Oracle stock has been heading higher and it is competing with Salesforces (ticker symbol CRM). Apple stock does not produce a lot of news but the Apple Homepod will produce a lot of revenue for the stock. Amazon lead the sales with Amazon echo for the amzn stock but I think apple will have a chance to take some marketshare in that space. In addition, videogames are starting to slowdown so Activision Blizzard stock might have a bad earnings next earning but that might be a good opportunity to buy, or trade the stock. Remember, there is nothing better than find a stock on weakness. Intel stock also ahd good news with the partnership with the Olympics.
Thank You for watching.