EE
CAN SLIM Daily Briefing
William O'Neil's CAN SLIM System
2026-09-17
Generated 2026-09-17 03:05
RED · CASH ONLY
Today's Marching Orders
Market in Correction
Stay in cash · wait for a rally
VIX
18
Rally Attempt
Day 0
Support
$763.60
Distribution Days
10
Market Trend
PULLBACK
Can Buy?
NO
Status
CORRECTION
Action AVOID: Market in correction (10 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
$387–$407
Stop Loss
$371.02
02 PSX
WAIT
Buy Zone
$254–$267
Stop Loss
$243.46
03 MPC
WAIT
Buy Zone
$398–$419
Stop Loss
$380.81

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) 10
Market Trend PULLBACK
Can Buy? NO
Rally Attempt Day 0
O'Neil Says

“AVOID: Market in correction (10 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 97th percentile of the past year
DIX (5-day SMA)
above 0.45 · accumulation
0.496 (0.483)
1-year percentile
—
97th
GEX
low · moves amplified
$3.84B (21st %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 2026-09-16 · 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 · 5 Laggards
Top 10 — best for buying
1 Oil & Gas E&P XOP
85
2 Energy XLE
81
3 Biotechnology XBI
77
4 Semiconductors SMH
75
5 Technology XLK
72
6 Software - Infrastructure IGV
72
7 Oil & Gas Midstream AMLP
69
8 Healthcare XLV
67
9 Oil & Gas Equipment & Services OIH
65
10 Steel SLX
65
Bottom 5 — avoid
23 Consumer Cyclical 36
24 Utilities 33
25 Aerospace & Defense 33
26 Home Improvement Retail 30
27 Utilities - Renewable 30

“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 & 81 EA NH WAIT $371
2 PSX 9.3 Oil & Gas Refining & 81 EA NH WAIT $243
3 MPC 9.2 Oil & Gas Refining & 81 EA NH WAIT $381
4 DELL 8.9 Computer Hardware 72 EA NH WAIT $518
5 MU 8.7 Semiconductors 75 EA WAIT $1,097
6 ANET 8.7 Computer Hardware 72 EA NH WAIT $188
7 TSM 8.6 Semiconductors 75 EA WATCH $419
8 OXY 8.5 Oil & Gas E&P 85 EA WATCH $59
9 AMD 8.5 Semiconductors 75 EA WAIT $511
10 XOM 8.4 Oil & Gas Integrated 81 EA NH WATCH $154
Top 3 Deep Dive

The trade plan, ticket-ready

1
VLO Valero Energy Corporation
Oil & Gas Refining & · RS 81 · Now
Score
9.5
Leading Sector Earnings Accelerating Near Breakout RS 81
Current
$403.28
52W High
$407.27
Buy Zone
$387–$407
Away
-4.1%
Entry
$403.28
Stop −8%
$371.02
Target +20%
$483.94
Buy trigger — all must be true
1 Price enters the buy zone $387–$407
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $395.21
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 24 VLO LMT 405.30
STOP LOSS: $371.02
Reverses below $395.21 = invalid. 1.0% below 52-week high.
2
PSX Phillips 66
Oil & Gas Refining & · RS 81 · Now
Score
9.3
Leading Sector Earnings Accelerating Near Breakout RS 81
Current
$264.63
52W High
$267.29
Buy Zone
$254–$267
Away
-4.0%
Entry
$264.63
Stop −8%
$243.46
Target +20%
$317.56
Buy trigger — all must be true
1 Price enters the buy zone $254–$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 $259.34
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 37 PSX LMT 265.95
STOP LOSS: $243.46
Reverses below $259.34 = invalid. 1.0% below 52-week high.
3
MPC Marathon Petroleum Corpor
Oil & Gas Refining & · RS 81 · Now
Score
9.2
Leading Sector Earnings Accelerating Near Breakout RS 81
Current
$413.92
52W High
$419.39
Buy Zone
$398–$419
Away
-3.7%
Entry
$413.92
Stop −8%
$380.81
Target +20%
$496.70
Buy trigger — all must be true
1 Price enters the buy zone $398–$419
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $405.64
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 24 MPC LMT 415.99
STOP LOSS: $380.81
Reverses below $405.64 = invalid. 1.3% 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 $403.28 9.5 BUY Oil & Gas Refining & EA NH
PSX $264.63 9.3 BUY Oil & Gas Refining & EA NH
MPC $413.92 9.2 BUY Oil & Gas Refining & EA NH
DELL $563.29 8.9 BUY Computer Hardware EA NH
MU $926.55 8.7 WAIT-EARN Semiconductors EA
ANET $197.54 8.7 BUY Computer Hardware EA NH
TSM $417.72 8.6 HOLD Semiconductors EA
OXY $59.36 8.5 HOLD Oil & Gas E&P EA
AMD $512.50 8.5 BUY Semiconductors EA
XOM $163.32 8.4 HOLD Oil & Gas Integrated EA NH
COP $132.54 8.4 BUY Oil & Gas E&P EA NH
CVX $211.54 8.3 HOLD Oil & Gas Integrated EA NH
SM $38.16 8.2 HOLD Oil & Gas E&P EA NH
MSFT $490.30 8.2 BUY Software - Infrastru
PR $22.95 8.1 HOLD Oil & Gas E&P EA NH
CRM $250.54 8.1 HOLD Software - Applicati NH
SMCI $36.85 8.1 BUY Computer Hardware EA
EOG $144.93 8.0 WATCH Oil & Gas E&P EA NH
NVDA $213.90 8.0 HOLD Semiconductors EA NH
AAPL $332.41 8.0 WATCH Consumer Electronics NH
DVN $48.44 7.9 WATCH Oil & Gas E&P EA NH
OVV $62.77 7.7 HOLD Oil & Gas E&P EA NH
HPE $56.68 7.4 WATCH Communication Equipm EA
MTDR $57.73 7.3 WATCH Oil & Gas E&P EA
FANG $194.54 7.0 HOLD Oil & Gas E&P EA
INTC $101.05 7.0 WATCH Semiconductors
MGY $26.10 6.8 WATCH Oil & Gas E&P EA
CHRD $147.03 6.7 WATCH Oil & Gas E&P NH
LRCX $269.23 6.7 WATCH Semiconductor Equipm EA
GEV $925.09 6.6 HOLD Specialty Industrial EA
CRDO $161.49 6.4 WATCH Semiconductors EA
MRNA $145.62 6.3 WATCH Biotechnology
ORCL $143.16 6.3 AVOID Software - Infrastru EA
AMAT $415.38 6.2 WATCH Semiconductor Equipm EA
VRTX $513.26 6.1 WATCH Biotechnology NH
AVGO $339.51 6.1 AVOID Semiconductors EA
NBIS $209.37 6.0 AVOID Internet Content & I
CRC $54.47 5.5 AVOID Oil & Gas E&P EA
VRT $239.41 5.4 AVOID Electrical Equipment EA
REGN $774.61 5.3 AVOID Biotechnology NH
LITE $919.40 5.3 AVOID Communication Equipm
BMRN $64.73 5.2 AVOID Biotechnology NH
PCVX $58.77 5.2 AVOID Biotechnology NH
GILD $147.68 5.1 AVOID Drug Manufacturers - NH
PWR $619.28 5.0 AVOID Engineering & Constr EA
BIIB $216.01 4.9 AVOID Drug Manufacturers - NH
COHR $289.93 4.9 AVOID Scientific & Technic
QCOM $184.84 4.7 AVOID Semiconductors
ADBE $250.50 4.7 AVOID Software - Applicati
SLB $52.30 4.5 AVOID Oil & Gas Equipment
KLAC $167.36 4.4 AVOID Semiconductor Equipm
HAL $34.51 4.0 AVOID Oil & Gas Equipment
ALNY $239.36 3.9 AVOID Biotechnology
SRPT $19.76 3.8 AVOID Biotechnology
IONS $44.84 3.1 AVOID Biotechnology
CEG $259.53 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
8.9
DELL chart
MU WAIT-EARN
8.7
MU chart
ANET BUY
8.7
ANET chart
TSM HOLD
8.6
TSM chart
OXY HOLD
8.5
OXY chart
AMD BUY
8.5
AMD chart
XOM HOLD
8.4
XOM chart
Action Summary

Market in Correction

Buy candidates
Waiting for market confirmation
VLO 9.5
PSX 9.3
MPC 9.2
DELL 8.9
ANET 8.7
Watch list
Not yet actionable
TSM HOLD · 8.6
OXY HOLD · 8.5
XOM HOLD · 8.4
CVX HOLD · 8.3
SM HOLD · 8.2
Avoid
Failing CAN SLIM tests
ORCL AVGO NBIS CRC VRT
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