EE
CAN SLIM Daily Briefing
William O'Neil's CAN SLIM System
2026-10-20
Generated 2026-10-20 03:09
RED · CASH ONLY
Today's Marching Orders
Market in Correction
Stay in cash · wait for a rally
VIX
18
Rally Attempt
Day 13
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
$469–$494
Stop Loss
$435.79
02 XOM
WAIT
Buy Zone
$170–$179
Stop Loss
$164.02
03 PSX
WAIT
Buy Zone
$284–$299
Stop Loss
$267.31

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 13
O'Neil Says

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

Rally Day
13
Started
2026-10-01
Dark-Pool Regime

Is smart money accumulating?

Context only · not a signal
NEUTRAL DIX at its 42nd percentile of the past year
DIX (5-day SMA)
0.40–0.45 · neutral zone
0.449 (0.442)
1-year percentile
—
42nd
GEX
mid-range
$4.63B (29th %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 2026-10-19 · 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 · 4 Laggards
Top 10 — best for buying
1 Oil & Gas E&P XOP
85
2 Energy XLE
84
3 Software - Infrastructure IGV
78
4 Technology XLK
74
5 Healthcare XLV
74
6 Semiconductors SMH
70
7 Electronic Gaming & Multimedia ESPO
64
8 Consumer Defensive XLP
61
9 Biotechnology XBI
60
10 Steel SLX
58
Bottom 5 — avoid
23 Real Estate 41
24 Utilities 34
25 Aerospace & Defense 27
26 Home Improvement Retail 24
27 Utilities - Renewable 24

“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 & 84 EA NH WAIT $436
2 XOM 9.1 Oil & Gas Integrated 84 EA NH WAIT $164
3 PSX 9.1 Oil & Gas Refining & 84 EA NH WAIT $267
4 VLO 8.9 Oil & Gas Refining & 84 EA NH WAIT $403
5 COP 8.8 Oil & Gas E&P 85 EA NH WATCH $134
6 OXY 8.7 Oil & Gas E&P 85 EA NH WATCH $59
7 EOG 8.6 Oil & Gas E&P 85 EA NH WATCH $145
8 FTNT 8.6 Software - Infrastru 78 EA WAIT $172
9 DVN 8.4 Oil & Gas E&P 85 EA NH WATCH $47
10 CRM 8.4 Software - Applicati 78 NH WATCH $235
Top 3 Deep Dive

The trade plan, ticket-ready

1
MPC Marathon Petroleum Corpor
Oil & Gas Refining & · RS 84 · Now
Score
9.6
Leading Sector Earnings Accelerating Near Breakout RS 84
Current
$473.69
52W High
$493.69
Buy Zone
$469–$494
Away
-1.0%
Entry
$473.69
Stop −8%
$435.79
Target +20%
$568.43
Buy trigger — all must be true
1 Price enters the buy zone $469–$494
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $464.22
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 21 MPC LMT 476.06
STOP LOSS: $435.79
Reverses below $464.22 = invalid. 4.1% below 52-week high.
2
XOM ExxonMobil Holdings Corpo
Oil & Gas Integrated · RS 84 · Now
Score
9.1
Leading Sector Earnings Accelerating Near Breakout RS 84
Current
$178.28
52W High
$179.30
Buy Zone
$170–$179
Away
-4.5%
Entry
$178.28
Stop −8%
$164.02
Target +20%
$213.94
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 $174.71
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 56 XOM LMT 179.17
STOP LOSS: $164.02
Reverses below $174.71 = invalid. 0.6% below 52-week high.
3
PSX Phillips 66
Oil & Gas Refining & · RS 84 · Now
Score
9.1
Leading Sector Earnings Accelerating Near Breakout RS 84
Current
$290.55
52W High
$299.39
Buy Zone
$284–$299
Away
-2.1%
Entry
$290.55
Stop −8%
$267.31
Target +20%
$348.66
Buy trigger — all must be true
1 Price enters the buy zone $284–$299
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $284.74
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 34 PSX LMT 292.00
STOP LOSS: $267.31
Reverses below $284.74 = invalid. 3.0% 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 $473.69 9.6 WAIT-EARN Oil & Gas Refining & EA NH
XOM $178.28 9.1 WAIT-EARN Oil & Gas Integrated EA NH
PSX $290.55 9.1 WAIT-EARN Oil & Gas Refining & EA NH
VLO $433.31 8.9 WAIT-EARN Oil & Gas Refining & EA NH
COP $145.24 8.8 HOLD Oil & Gas E&P EA NH
OXY $62.72 8.7 HOLD Oil & Gas E&P EA NH
EOG $157.65 8.6 HOLD Oil & Gas E&P EA NH
FTNT $171.50 8.6 WAIT-EARN Software - Infrastru EA
DVN $50.92 8.4 HOLD Oil & Gas E&P EA NH
CRM $242.45 8.4 HOLD Software - Applicati NH
SM $38.89 8.3 WAIT-EARN Oil & Gas E&P EA NH
CVX $224.37 8.3 WAIT-EARN Oil & Gas Integrated EA NH
LLY $1,240.34 8.3 WAIT-EARN Drug Manufacturers - EA NH
PR $24.80 8.0 WATCH Oil & Gas E&P EA NH
MSFT $533.52 8.0 WAIT-EARN Software - Infrastru NH
AMD $538.05 8.0 WAIT-EARN Semiconductors EA
DELL $455.44 8.0 HOLD Computer Hardware EA
AAPL $342.94 7.9 WAIT-EARN Consumer Electronics NH
OVV $70.04 7.8 WAIT-EARN Oil & Gas E&P EA NH
NVDA $217.09 7.8 HOLD Semiconductors EA
FANG $203.12 7.5 WAIT-EARN Oil & Gas E&P EA NH
ABBV $282.68 7.4 WAIT-EARN Drug Manufacturers - NH
ANET $182.95 7.3 WAIT-EARN Computer Hardware EA
DDOG $260.36 7.2 HOLD Software - Applicati EA
DHR $224.43 7.2 WAIT-EARN Diagnostics & Resear NH
MTDR $57.38 7.1 WAIT-EARN Oil & Gas E&P EA
BMY $58.83 7.0 WAIT-EARN Drug Manufacturers -
HPE $55.87 6.9 AVOID Communication Equipm EA
TMO $679.38 6.7 WAIT-EARN Diagnostics & Resear NH
SMCI $32.10 6.6 WAIT-EARN Computer Hardware EA
CRDO $172.81 6.6 HOLD Semiconductors EA
CHRD $154.48 6.4 WATCH Oil & Gas E&P NH
MGY $25.47 6.2 AVOID Oil & Gas E&P EA
ORCL $129.59 6.2 AVOID Software - Infrastru EA
INTC $92.03 6.1 WAIT-EARN Semiconductors
ZS $212.53 6.0 WATCH Software - Infrastru
UNH $406.88 6.0 AVOID Healthcare Plans
GEV $908.44 6.0 WAIT-EARN Specialty Industrial EA
AVGO $334.59 5.9 AVOID Semiconductors EA
MRK $143.63 5.9 WAIT-EARN Drug Manufacturers - NH
CRWD $228.10 5.8 WATCH Software - Infrastru
PFE $29.44 5.8 WAIT-EARN Drug Manufacturers - NH
PANW $346.95 5.7 WATCH Software - Infrastru
JNJ $253.79 5.7 AVOID Drug Manufacturers - NH
NOW $145.36 5.6 WAIT-EARN Software - Applicati
VRT $206.08 5.6 WAIT-EARN Electrical Equipment EA
CRC $54.38 5.5 WAIT-EARN Oil & Gas E&P EA
CDNS $325.86 5.4 WAIT-EARN Software - Applicati EA
PWR $618.41 5.2 WAIT-EARN Engineering & Constr EA
SNPS $454.58 5.1 AVOID Software - Infrastru EA
ADBE $247.09 5.0 AVOID Software - Applicati
LITE $834.51 5.0 AVOID Communication Equipm
QCOM $173.53 4.6 AVOID Semiconductors
NBIS $170.24 4.3 AVOID Internet Content & I
ABT $104.06 4.1 WAIT-EARN Medical Devices
COHR $232.02 4.0 AVOID Scientific & Technic
HAL $32.98 3.8 WAIT-EARN Oil & Gas Equipment
SLB $49.09 3.4 WAIT-EARN Oil & Gas Equipment
CEG $263.19 2.0 AVOID Utilities - Independ
Charts — Top Picks

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

MPC WAIT-EARN
9.6
MPC chart
XOM WAIT-EARN
9.1
XOM chart
PSX WAIT-EARN
9.1
PSX chart
VLO WAIT-EARN
8.9
VLO chart
COP HOLD
8.8
COP chart
OXY HOLD
8.7
OXY chart
EOG HOLD
8.6
EOG chart
FTNT WAIT-EARN
8.6
FTNT chart
DVN HOLD
8.4
DVN chart
CRM HOLD
8.4
CRM chart
Action Summary

Market in Correction

Buy candidates
Waiting for market confirmation
Watch list
Not yet actionable
COP HOLD · 8.8
OXY HOLD · 8.7
EOG HOLD · 8.6
DVN HOLD · 8.4
CRM HOLD · 8.4
Avoid
Failing CAN SLIM tests
HPE MGY ORCL UNH AVGO
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