Meg Whitman Steps Down HPE Falls | Stocks to Trade 11-24-17

Meg Whitman Steps Down HPE Falls | Stocks to Trade 11-24-17

Meg Whitman Steps Down HPE Falls

Hewlett Packard (HPE) CEO Whitman to Step Down, Shares Drop

In a sudden move, Meg Whitman has decided to step down as the Chief Executive Officer (CEO) of Hewlett Packard Enterprise Company (HPE) , leaving the company in the middle of its restructuring phase to cut costs and focus on high-margin businesses.

The move led to deep unrest among investors, causing shares to plunge around 7% on Nov 22.

zacks.com/hpe-ceo-whitman

Meg Whitman leaves behind a fractured Hewlett-Packard with no guarantees

Meg Whitman took over one of Silicon Valley’s most storied tech companies after a disastrous tenure by the previous chief executive, promising a turnaround within five years.

She will leave a little more than six years later, having torn the Hewlett-Packard puzzle into several pieces but accomplishing little else beyond paying off investors and laying off employees. Her successor at the largest chunk of the storied HP, Antonio Neri, will be left to convince investors that the turnaround will eventually take place.

marketwatch.com/meg-whitman-leaves-hpe

Meg Whitman to leave role as CEO of Hewlett Packard Enterprise, shares tumble 6%

https://www.cnbc.com/2017/11/21/meg-whitman-to-leave-role-as-ceo-of-hewlett-packard-enterprise-hpe.html

HPE-Hewlett Packard Enterprise Co 11-24-17

HPE-Hewlett Packard Enterprise Co 11-24-17

Today's Trading Lesson

I’ve stayed away from talking about Bitcoin because I think it’s too unpredictable. I am not comfortable calling trade setups in a security that can fall 30% in a few hours.

Some traders are doing quite well, especially with short-term ROI, I have stayed away. There is nothing wrong with getting involved, just be aware of what you’re getting into. Bitcoin is highly speculative. Make sure it’s with money you can afford to risk, and lose.

Here is how I would have charted Bitcoin if I was trading it. 

$BitCoin

BitCoin Daily Chart

Today's Trade of the Day | 11-24-17

ROST-Ross Stores 11-24-17

ROST-Ross Stores 11-24-17

ROST-Ross Stores broke a 6 week trading range with a bullish gap. Game planning a breakout to the upside, out of the pause and inside day. Setting a $72.75 buy stop, with a target to sell @ $76.50. Stop loss on a close below $71.50..

QQQ ETF Chart 11-24-17

QQQ ETF Chart 11-24-17

HEADLINE NEWS

S&P 500 Heatmap 

SP 500 Heatmap 11-24-17 630 am

SP 500 Heatmap 11-24-17 630 am

Stocks to Trade | Friday Edition 11-24-17

Bullish Momentum: XNET, NTNX, ROKU, CRZO, WLL, SM, JUNO, QCOM, CPB

Bearish Momentum: bzun, qd

ORDER FLOW

Bullish Order Flow: XNET, DE, JUNO, QCOM, SQ, AMZN, AAPL, DG, SRPT, LULU, DLTR, WMT, TSCO, CCI, PYPL, AVGO, HD, NVDA, COST, ADBE, MA, MAR, WB, LB, CRM

Bearish Order Flow: tsla, eqt, mnk, amgn, evhc, twx, cah, agn

Double Normal Volume: SQ, XNET, QD, BZUN, SIG, CRM, TRIP, DE

Inside Days: xnet, cmcsa, fb, kr, nke, low, tsla, hal, cop, schw, cpm, pm, vlo, aa, ibm, fl, tgt, utx, len, ma, cf, met, rost, unh, wdc, ccl

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