EE
CAN SLIM Daily Briefing
William O'Neil's CAN SLIM System
2026-10-18
Generated 2026-10-18 02:45
RED · CASH ONLY
Today's Marching Orders
Market in Correction
Stay in cash · wait for a rally
VIX
20
Rally Attempt
Day 12
Support
$758.79
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 MPC
WAIT
Buy Zone
$461–$485
Stop Loss
$439.82
02 VLO
WAIT
Buy Zone
$438–$462
Stop Loss
$409.13
03 XOM
WAIT
Buy Zone
$170–$179
Stop Loss
$164.66

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 12
O'Neil Says

“AVOID: Market in correction (8 distribution days, below the 50-day MA) - preserve capital, wait for rally”

Rally Day
12
Started
2026-10-01
Dark-Pool Regime

Is smart money accumulating?

Context only · not a signal
NEUTRAL DIX at its 36th percentile of the past year
DIX (5-day SMA)
0.40–0.45 · neutral zone
0.447 (0.443)
1-year percentile
—
36th
GEX
low · moves amplified
$0.09B (4th %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 2026-10-16 · 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 · 3 Strong · 4 Laggards
Top 10 — best for buying
1 Oil & Gas E&P XOP
87
2 Energy XLE
86
3 Healthcare XLV
73
4 Software - Infrastructure IGV
72
5 Technology XLK
71
6 Semiconductors SMH
67
7 Consumer Defensive XLP
63
8 Electronic Gaming & Multimedia ESPO
61
9 Oil & Gas Midstream AMLP
57
10 Steel SLX
57
Bottom 5 — avoid
23 Consumer Cyclical 40
24 Utilities 39
25 Aerospace & Defense 26
26 Home Improvement Retail 23
27 Utilities - Renewable 23

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

The AI Focus List

Top 10 opportunities, ranked

RankTickerScoreSectorRSSignalsActionStop
1 MPC 9.6 Oil & Gas Refining & 86 EA NH WAIT $440
2 VLO 9.2 Oil & Gas Refining & 86 EA NH WAIT $409
3 XOM 9.1 Oil & Gas Integrated 86 EA NH WAIT $165
4 COP 9.1 Oil & Gas E&P 87 EA NH WAIT $135
5 PSX 9.1 Oil & Gas Refining & 86 EA NH WAIT $270
6 EOG 8.8 Oil & Gas E&P 87 EA NH WATCH $145
7 OXY 8.8 Oil & Gas E&P 87 EA NH WATCH $59
8 FTNT 8.6 Software - Infrastru 72 EA WAIT $172
9 DVN 8.4 Oil & Gas E&P 87 EA NH WATCH $47
10 SM 8.4 Oil & Gas E&P 87 EA NH WATCH $36
Top 3 Deep Dive

The trade plan, ticket-ready

1
MPC Marathon Petroleum Corpor
Oil & Gas Refining & · RS 86 · Now
Score
9.6
Leading Sector Earnings Accelerating Near Breakout RS 86
Current
$478.07
52W High
$485.22
Buy Zone
$461–$485
Away
-3.6%
Entry
$478.07
Stop −8%
$439.82
Target +20%
$573.68
Buy trigger — all must be true
1 Price enters the buy zone $461–$485
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $468.51
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 20 MPC LMT 480.46
STOP LOSS: $439.82
Reverses below $468.51 = invalid. 1.5% below 52-week high.
2
VLO Valero Energy Corporation
Oil & Gas Refining & · RS 86 · Now
Score
9.2
Leading Sector Earnings Accelerating Near Breakout RS 86
Current
$444.71
52W High
$461.52
Buy Zone
$438–$462
Away
-1.4%
Entry
$444.71
Stop −8%
$409.13
Target +20%
$533.65
Buy trigger — all must be true
1 Price enters the buy zone $438–$462
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $435.82
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 22 VLO LMT 446.93
STOP LOSS: $409.13
Reverses below $435.82 = invalid. 3.6% below 52-week high.
3
XOM ExxonMobil Holdings Corpo
Oil & Gas Integrated · RS 86 · Now
Score
9.1
Leading Sector Earnings Accelerating Near Breakout RS 86
Current
$178.98
52W High
$179.16
Buy Zone
$170–$179
Away
-4.9%
Entry
$178.98
Stop −8%
$164.66
Target +20%
$214.78
Buy trigger — all must be true
1 Price enters the buy zone $170–$179
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $175.40
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 55 XOM LMT 179.87
STOP LOSS: $164.66
Reverses below $175.40 = invalid. 0.1% below 52-week high.
Watchlist Scan

59 stocks, scored on all 7 CAN SLIM tests

EA Earnings accel NH Near 52W high
TickerPriceScoreCAN SLIMVerdictSectorSignals
MPC $478.07 9.6 BUY Oil & Gas Refining & EA NH
VLO $444.71 9.2 WAIT-EARN Oil & Gas Refining & EA NH
XOM $178.98 9.1 WAIT-EARN Oil & Gas Integrated EA NH
COP $146.51 9.1 BUY Oil & Gas E&P EA NH
PSX $293.17 9.1 WAIT-EARN Oil & Gas Refining & EA NH
EOG $158.01 8.8 HOLD Oil & Gas E&P EA NH
OXY $62.38 8.8 HOLD Oil & Gas E&P EA NH
FTNT $169.13 8.6 WAIT-EARN Software - Infrastru EA
DVN $50.73 8.4 HOLD Oil & Gas E&P EA NH
SM $39.50 8.4 WATCH Oil & Gas E&P EA NH
CVX $224.99 8.3 WAIT-EARN Oil & Gas Integrated EA NH
MSFT $529.05 8.1 WAIT-EARN Software - Infrastru NH
PR $24.59 8.0 WATCH Oil & Gas E&P EA NH
DELL $451.71 8.0 HOLD Computer Hardware EA
CRM $240.70 7.9 HOLD Software - Applicati
FANG $203.95 7.8 HOLD Oil & Gas E&P EA NH
OVV $69.33 7.8 WATCH Oil & Gas E&P EA NH
LLY $1,257.03 7.8 WAIT-EARN Drug Manufacturers - EA NH
AAPL $343.46 7.6 WATCH Consumer Electronics NH
ABBV $285.42 7.5 WAIT-EARN Drug Manufacturers - NH
AMD $528.75 7.5 HOLD Semiconductors EA
BMY $59.75 7.3 WAIT-EARN Drug Manufacturers -
NVDA $214.13 7.3 HOLD Semiconductors EA
DHR $229.04 7.2 WAIT-EARN Diagnostics & Resear NH
SMCI $31.63 7.2 HOLD Computer Hardware EA
MTDR $57.52 7.1 WATCH Oil & Gas E&P EA
ANET $176.98 7.1 WATCH Computer Hardware EA
HPE $55.13 7.0 AVOID Communication Equipm EA
DDOG $247.11 6.8 WATCH Software - Applicati EA
CHRD $154.56 6.7 WATCH Oil & Gas E&P NH
TMO $690.00 6.7 WAIT-EARN Diagnostics & Resear NH
MGY $25.35 6.2 AVOID Oil & Gas E&P EA
ORCL $128.23 6.2 AVOID Software - Infrastru EA
UNH $401.43 6.1 AVOID Healthcare Plans
NOW $141.97 6.1 WAIT-EARN Software - Applicati
ZS $207.38 6.0 WATCH Software - Infrastru
GEV $921.20 6.0 WAIT-EARN Specialty Industrial EA
PFE $29.58 5.9 AVOID Drug Manufacturers - NH
MRK $145.95 5.9 WAIT-EARN Drug Manufacturers - NH
PANW $342.00 5.9 WATCH Software - Infrastru
CRWD $227.39 5.9 WATCH Software - Infrastru
CRDO $169.70 5.8 WATCH Semiconductors EA
JNJ $255.56 5.6 AVOID Drug Manufacturers - NH
AVGO $328.75 5.6 WATCH Semiconductors EA
INTC $89.85 5.6 WAIT-EARN Semiconductors
VRT $206.42 5.6 WAIT-EARN Electrical Equipment EA
CRC $54.33 5.5 AVOID Oil & Gas E&P EA
CDNS $319.51 5.5 WAIT-EARN Software - Applicati EA
SNPS $454.63 5.1 AVOID Software - Infrastru EA
PWR $631.86 5.1 WAIT-EARN Engineering & Constr EA
ADBE $245.20 5.0 AVOID Software - Applicati
LITE $824.13 5.0 AVOID Communication Equipm
NBIS $165.47 4.3 AVOID Internet Content & I
ABT $104.89 4.1 WAIT-EARN Medical Devices
QCOM $172.11 4.1 AVOID Semiconductors
COHR $232.90 4.1 AVOID Scientific & Technic
HAL $33.50 3.6 WAIT-EARN Oil & Gas Equipment
SLB $49.50 3.3 WAIT-EARN Oil & Gas Equipment
CEG $271.37 2.4 AVOID Utilities - Independ
Charts — Top Picks

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

MPC BUY
9.6
MPC chart
VLO WAIT-EARN
9.2
VLO chart
XOM WAIT-EARN
9.1
XOM chart
COP BUY
9.1
COP chart
PSX WAIT-EARN
9.1
PSX chart
EOG HOLD
8.8
EOG chart
OXY HOLD
8.8
OXY chart
FTNT WAIT-EARN
8.6
FTNT chart
DVN HOLD
8.4
DVN chart
SM WATCH
8.4
SM chart
Action Summary

Market in Correction

Buy candidates
Waiting for market confirmation
MPC 9.6
COP 9.1
Watch list
Not yet actionable
EOG HOLD · 8.8
OXY HOLD · 8.8
DVN HOLD · 8.4
SM WATCH · 8.4
PR WATCH · 8.0
Avoid
Failing CAN SLIM tests
HPE MGY ORCL UNH PFE
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