EE
CAN SLIM Daily Briefing
William O'Neil's CAN SLIM System
2026-09-16
Generated 2026-09-16 03:02
RED · CASH ONLY
Today's Marching Orders
Market in Correction
Stay in cash · wait for a rally
VIX
17
Rally Attempt
Day 0
Support
$763.60
Distribution Days
9
Market Trend
PULLBACK
Can Buy?
NO
Status
CORRECTION
Action AVOID: Market in correction (9 distribution days, below the 50-day MA) - preserve capital, wait for rally
Priority Setups

Buy zones & stops — armed, not triggered

01 VLO
WAIT
Buy Zone
$380–$400
Stop Loss
$365.28
02 PSX
WAIT
Buy Zone
$253–$267
Stop Loss
$243.74
03 MPC
WAIT
Buy Zone
$393–$413
Stop Loss
$377.97

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) 9
Market Trend PULLBACK
Can Buy? NO
Rally Attempt Day 0
O'Neil Says

“AVOID: Market in correction (9 distribution days, below the 50-day MA) - preserve capital, wait for rally”

Rally Day
0
Started
2026-09-11
Dark-Pool Regime

Is smart money accumulating?

Context only · not a signal
ACCUMULATING DIX at its 72nd percentile of the past year
DIX (5-day SMA)
above 0.45 · accumulation
0.464 (0.480)
1-year percentile
—
72nd
GEX
mid-range
$5.45B (40th %ile)
Mechanical regime
carried-forward (3-day persistence)
ACCUMULATION

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.

DIX regime chart
as of 2026-09-15 · 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: 2 Leaders · 4 Strong · 6 Laggards
Top 10 — best for buying
1 Oil & Gas E&P XOP
87
2 Energy XLE
83
3 Biotechnology XBI
77
4 Semiconductors SMH
74
5 Technology XLK
71
6 Oil & Gas Midstream AMLP
70
7 Software - Infrastructure IGV
69
8 Oil & Gas Equipment & Services OIH
67
9 Healthcare XLV
65
10 Auto Manufacturers CARZ
64
Bottom 5 — avoid
23 Consumer Cyclical 34
24 Utilities 32
25 Aerospace & Defense 32
26 Utilities - Renewable 30
27 Home Improvement Retail 29

“37–50% of a stock's move comes from its industry group.”

The AI Focus List

Top 10 opportunities, ranked

RankTickerScoreSectorRSSignalsActionStop
1 VLO 9.5 Oil & Gas Refining & 83 EA NH WAIT $365
2 PSX 9.3 Oil & Gas Refining & 83 EA NH WAIT $244
3 MPC 9.2 Oil & Gas Refining & 83 EA NH WAIT $378
4 DELL 9.1 Computer Hardware 71 EA NH WAIT $500
5 COP 8.8 Oil & Gas E&P 87 EA NH WAIT $130
6 OXY 8.8 Oil & Gas E&P 87 EA NH WATCH $59
7 EOG 8.7 Oil & Gas E&P 87 EA NH WATCH $141
8 MU 8.6 Semiconductors 74 EA WAIT $1,097
9 XOM 8.5 Oil & Gas Integrated 83 EA NH WATCH $156
10 AMD 8.5 Semiconductors 74 EA WAIT $511
Top 3 Deep Dive

The trade plan, ticket-ready

1
VLO Valero Energy Corporation
Oil & Gas Refining & · RS 83 · Now
Score
9.5
Leading Sector Earnings Accelerating Near Breakout RS 83
Current
$397.04
52W High
$399.76
Buy Zone
$380–$400
Away
-4.3%
Entry
$397.04
Stop −8%
$365.28
Target +20%
$476.45
Buy trigger — all must be true
1 Price enters the buy zone $380–$400
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $389.10
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 25 VLO LMT 399.03
STOP LOSS: $365.28
Reverses below $389.10 = invalid. 0.7% below 52-week high.
2
PSX Phillips 66
Oil & Gas Refining & · RS 83 · Now
Score
9.3
Leading Sector Earnings Accelerating Near Breakout RS 83
Current
$264.93
52W High
$266.70
Buy Zone
$253–$267
Away
-4.4%
Entry
$264.93
Stop −8%
$243.74
Target +20%
$317.92
Buy trigger — all must be true
1 Price enters the buy zone $253–$267
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $259.63
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 37 PSX LMT 266.25
STOP LOSS: $243.74
Reverses below $259.63 = invalid. 0.7% below 52-week high.
3
MPC Marathon Petroleum Corpor
Oil & Gas Refining & · RS 83 · Now
Score
9.2
Leading Sector Earnings Accelerating Near Breakout RS 83
Current
$410.84
52W High
$413.28
Buy Zone
$393–$413
Away
-4.4%
Entry
$410.84
Stop −8%
$377.97
Target +20%
$493.01
Buy trigger — all must be true
1 Price enters the buy zone $393–$413
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $402.62
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 24 MPC LMT 412.89
STOP LOSS: $377.97
Reverses below $402.62 = invalid. 0.6% below 52-week high.
Watchlist Scan

56 stocks, scored on all 7 CAN SLIM tests

EA Earnings accel NH Near 52W high
TickerPriceScoreCAN SLIMVerdictSectorSignals
VLO $397.04 9.5 BUY Oil & Gas Refining & EA NH
PSX $264.93 9.3 BUY Oil & Gas Refining & EA NH
MPC $410.84 9.2 BUY Oil & Gas Refining & EA NH
DELL $543.51 9.1 BUY Computer Hardware EA NH
COP $141.22 8.8 BUY Oil & Gas E&P EA NH
OXY $63.52 8.8 HOLD Oil & Gas E&P EA NH
EOG $153.74 8.7 HOLD Oil & Gas E&P EA NH
MU $927.60 8.6 WAIT-EARN Semiconductors EA
XOM $169.32 8.5 WATCH Oil & Gas Integrated EA NH
AMD $504.20 8.5 BUY Semiconductors EA
DVN $51.33 8.4 HOLD Oil & Gas E&P EA NH
CVX $217.77 8.3 HOLD Oil & Gas Integrated EA NH
PR $24.49 8.2 HOLD Oil & Gas E&P EA NH
SM $41.29 8.2 HOLD Oil & Gas E&P EA NH
TSM $413.75 8.2 HOLD Semiconductors EA
ANET $192.84 8.2 BUY Computer Hardware EA
AAPL $331.34 8.0 WATCH Consumer Electronics NH
MTDR $63.17 7.9 HOLD Oil & Gas E&P EA NH
OVV $66.97 7.9 HOLD Oil & Gas E&P EA NH
NVDA $212.17 7.8 HOLD Semiconductors EA
CRM $255.65 7.8 HOLD Software - Applicati NH
SMCI $35.64 7.8 HOLD Computer Hardware EA
FANG $211.53 7.7 HOLD Oil & Gas E&P EA NH
HPE $55.88 7.4 WATCH Communication Equipm EA
MSFT $497.12 7.3 HOLD Software - Infrastru
MGY $28.55 7.2 HOLD Oil & Gas E&P EA
CHRD $157.00 6.7 WATCH Oil & Gas E&P NH
INTC $97.14 6.7 WATCH Semiconductors
LRCX $270.87 6.7 HOLD Semiconductor Equipm EA
MRNA $143.77 6.3 WATCH Biotechnology
CRDO $150.39 6.3 WATCH Semiconductors EA
AMAT $421.17 6.2 WATCH Semiconductor Equipm EA
GEV $882.81 6.2 HOLD Specialty Industrial EA
VRTX $514.63 6.1 WATCH Biotechnology NH
AVGO $339.27 6.0 AVOID Semiconductors EA
NBIS $207.37 6.0 AVOID Internet Content & I
ORCL $140.35 5.7 AVOID Software - Infrastru EA
CRC $57.64 5.5 AVOID Oil & Gas E&P EA
QCOM $187.80 5.4 AVOID Semiconductors
VRT $234.61 5.4 AVOID Electrical Equipment EA
REGN $774.11 5.3 AVOID Biotechnology NH
PCVX $59.21 5.3 AVOID Biotechnology NH
BMRN $64.45 5.2 AVOID Biotechnology NH
LITE $838.96 5.2 AVOID Communication Equipm
GILD $146.30 5.1 AVOID Drug Manufacturers - NH
PWR $613.35 5.0 AVOID Engineering & Constr EA
BIIB $216.17 4.9 AVOID Drug Manufacturers - NH
ADBE $257.76 4.6 AVOID Software - Applicati
SLB $54.20 4.4 AVOID Oil & Gas Equipment
HAL $35.67 4.4 AVOID Oil & Gas Equipment
KLAC $168.02 4.4 AVOID Semiconductor Equipm
COHR $271.17 4.4 AVOID Scientific & Technic
SRPT $20.72 4.2 AVOID Biotechnology
ALNY $238.27 3.9 AVOID Biotechnology
IONS $47.25 3.2 AVOID Biotechnology
CEG $259.89 2.1 AVOID Utilities - Independ
Charts — Top Picks

Daily candles · EMA 20/50/150 · volume · MACD · RSI

VLO BUY
9.5
VLO chart
PSX BUY
9.3
PSX chart
MPC BUY
9.2
MPC chart
DELL BUY
9.1
DELL chart
COP BUY
8.8
COP chart
OXY HOLD
8.8
OXY chart
EOG HOLD
8.7
EOG chart
MU WAIT-EARN
8.6
MU chart
XOM WATCH
8.5
XOM chart
AMD BUY
8.5
AMD chart
Action Summary

Market in Correction

Buy candidates
Waiting for market confirmation
VLO 9.5
PSX 9.3
MPC 9.2
DELL 9.1
COP 8.8
Watch list
Not yet actionable
OXY HOLD · 8.8
EOG HOLD · 8.7
XOM WATCH · 8.5
DVN HOLD · 8.4
CVX HOLD · 8.3
Avoid
Failing CAN SLIM tests
AVGO NBIS ORCL CRC QCOM
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