Distribution Days
8
Market Trend
PULLBACK
Can Buy?
NO
Status
CORRECTION
Action
AVOID: Market in correction (8 distribution days, below the 50-day MA) - preserve capital, wait for rally
Priority Setups
Buy zones & stops — armed, not triggered
01
CRDO
WAIT
Buy Zone
$293–$309
Stop Loss
$269.78
02
AMD
WAIT
Buy Zone
$555–$585
Stop Loss
$511.05
03
MU
WAIT
Buy Zone
$1,192–$1,255
Stop Loss
$1,096.87
How entry works: “NOW” = within 5% of 52-week high (already breaking out, buy at market). “WAIT” = needs to reach its 52-week high first — set an alert at that price.
Market Health Check
The General — is it safe to be long?
Market Status
CORRECTION
Distribution Days (5 wks)
8
Market Trend
PULLBACK
Can Buy?
NO
Rally Attempt
Day 18
O'Neil Says
“AVOID: Market in correction (8 distribution days, below the 50-day MA) - preserve capital, wait for rally”
Rally Day
18
Started
2026-06-29
Dark-Pool Regime
Is smart money accumulating?
ACCUMULATING
DIX at its 75th percentile of the past year
DIX (5-day SMA)
above 0.45 · accumulation
1-year percentile
—
GEX
low · moves amplified
Mechanical regime
carried-forward (3-day persistence)
Institutional accumulation read from dark-pool volume (SqueezeMetrics DIX). Context only — not a buy/sell signal; never overrides the Market Health Check, it adds confluence only.
as of 2026-07-23 · source: SqueezeMetrics (free public CSV)
Confluence
Dark-pool signal is mixed — defer to the Market Health Check.
Sector Heatmap
Where the money is flowing
Breadth: 1 Leaders · 5 Strong · 7 Laggards
Top 10 — best for buying
1
SMH
89
2
XOP
75
3
XBI
74
4
XLK
73
5
XLE
72
6
CARZ
72
7
AMLP
65
8
KRE
64
9
SLX
62
10
OIH
61
Bottom 5 — avoid
23
31
24
29
25
26
26
26
27
23
“37–50% of a stock's move comes from its industry group.”
The AI Focus List
Top 10 opportunities, ranked
Top 3 Deep Dive
The trade plan, ticket-ready
1
CRDO
Credo Technology Group Ho
Semiconductors · RS 89 · Far
Score
9.3
Leading Sector
Earnings Accelerating
RS 89
Current
$236.50
52W High
$308.67
Buy Zone
$293–$309
Away
+24.0%
Entry
$293.24
Stop −8%
$269.78
Target +20%
$351.88
Buy trigger — all must be true
1
Price enters the buy zone $293–$309
2
Volume 50%+ above average on the move
3
Market turns GREEN or YELLOW
Do not buy if
×
Price enters zone but reverses below $287.37
×
Volume is weak / unconfirmed
×
Market turns RED
Order ticket
BUY 34 CRDO LMT 294.70
STOP LOSS: $269.78
Reverses below $287.37 = invalid. 23.4% below 52-week high.
2
AMD
Advanced Micro Devices, I
Semiconductors · RS 89 · Approaching
Score
9.1
Leading Sector
Earnings Accelerating
Near Breakout
RS 89
Current
$539.69
52W High
$584.73
Buy Zone
$555–$585
Away
+2.9%
Entry
$555.49
Stop −8%
$511.05
Target +20%
$666.59
Buy trigger — all must be true
1
Price enters the buy zone $555–$585
2
Volume 50%+ above average on the move
3
Market turns GREEN or YELLOW
Do not buy if
×
Price enters zone but reverses below $544.38
×
Volume is weak / unconfirmed
×
Market turns RED
Order ticket
BUY 18 AMD LMT 558.27
STOP LOSS: $511.05
Reverses below $544.38 = invalid. 7.7% below 52-week high.
3
MU
Micron Technology, Inc.
Semiconductors · RS 89 · Far
Score
9.1
Leading Sector
Earnings Accelerating
RS 89
Current
$990.21
52W High
$1,255.00
Buy Zone
$1,192–$1,255
Away
+20.4%
Entry
$1,192.25
Stop −8%
$1,096.87
Target +20%
$1,430.70
Buy trigger — all must be true
1
Price enters the buy zone $1,192–$1,255
2
Volume 50%+ above average on the move
3
Market turns GREEN or YELLOW
Do not buy if
×
Price enters zone but reverses below $1,168.40
×
Volume is weak / unconfirmed
×
Market turns RED
Order ticket
BUY 8 MU LMT 1198.21
STOP LOSS: $1,096.87
Reverses below $1,168.40 = invalid. 21.1% below 52-week high.
Watchlist Scan
56 stocks, scored on all 7 CAN SLIM tests
EA Earnings accel
NH Near 52W high
Charts — Top Picks
Daily candles · EMA 20/50/150 · volume · MACD · RSI
Action Summary
Market in Correction
Buy candidates
Waiting for market confirmation
CRDO
9.3
MU
9.1
DELL
8.6
Watch list
Not yet actionable
TSM
HOLD · 8.7
GEV
BUY · 8.2
NVDA
HOLD · 8.1
AMAT
WATCH · 7.6
AVGO
WATCH · 7.5
Avoid
Failing CAN SLIM tests
LITE
COHR
SMCI
HPE
HAL
O'Neil's Daily Checklist
Check market status before any trades
Focus only on stocks in the Top 40 industry groups
Wait for breakouts on 40%+ above-average volume
Set an 8% stop loss on any new position
Take partial profits at 20–25% gains
Morning Action Plan
1
Check Market
RED — cash only
2
Review Charts
Open TradingView for top picks
3
Set Alerts
Price alerts at breakout levels
4
Position Size
Max 2 positions, $50K each
5
Set Stops
−8% from entry, always