Callon Petroleum (CPE) Is Up 12% in One Week | Best Stock Picks Today 3-5-21

TOP STOCKS TO BUY NOW

Callon Petroleum (CPE) Is Up 12% in One Week

CPE, shares are up 12% over the past week while the Zacks Oil and Gas - Exploration and Production - United States industry.

Over the past quarter, shares of Callon Petroleum have risen 78.76%, and are up 28.73% in the last year. In comparison, the S&P 500 has only moved 5.85% and 26.91%, respectively. Source:

Other than oil & gas stocks it's going to be a challenging day to find A+ trades. Short sales have moved to far from optimal entries and longs are not showing bullish order flow.

Which means we're in cash flow mode today.

SPY ETF 381 is the tape reading level to watch today. If we se the price claw it's way back above the 50 sma we have we can raise our conviction level.

The AA bullish gap from two days ago remains in play. One of the few swing trades I'm looking to start today.

SnapBack trades dominate the list today, two of my top candidates are FSR and DKNG.
Pete