EE
CAN SLIM Daily Briefing
William O'Neil's CAN SLIM System
2026-10-31
Generated 2026-10-31 03:49
RED · CASH ONLY
Today's Marching Orders
Market in Correction
Stay in cash · wait for a rally
VIX
19
Rally Attempt
Day 0
Support
$761.63
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 XOM
WAIT
Buy Zone
$179–$188
Stop Loss
$172.27
02 MPC
WAIT
Buy Zone
$469–$494
Stop Loss
$431.74
03 COP
WAIT
Buy Zone
$147–$154
Stop Loss
$141.71

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 0
O'Neil Says

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

Rally Day
0
Started
2026-10-26
Dark-Pool Regime

Is smart money accumulating?

Context only · not a signal
NOT ACCUMULATING DIX at its 22nd percentile of the past year
DIX (5-day SMA)
above 0.45 · accumulation
0.438 (0.453)
1-year percentile
low · dark pools not accumulating
22nd
GEX
low · moves amplified
$1.06B (6th %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 2026-10-30 · source: SqueezeMetrics (free public CSV)
Confluence DIX sits near its 1-year low — dark pools show no accumulation. No dark-pool confluence for new longs; treat strength with caution.
Sector Heatmap

Where the money is flowing

Breadth: 2 Leaders · 1 Strong · 10 Laggards
Top 10 — best for buying
1 Oil & Gas E&P XOP
85
2 Energy XLE
84
3 Healthcare XLV
77
4 Biotechnology XBI
67
5 Software - Infrastructure IGV
63
6 Technology XLK
58
7 Consumer Defensive XLP
58
8 Oil & Gas Equipment & Services OIH
54
9 Oil & Gas Midstream AMLP
53
10 Basic Materials XLB
51
Bottom 5 — avoid
23 Gold 27
24 Aerospace & Defense 21
25 Communication Services 19
26 Copper 19
27 Utilities - Renewable 12

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

The AI Focus List

Top 10 opportunities, ranked

RankTickerScoreSectorRSSignalsActionStop
1 XOM 9.2 Oil & Gas Integrated 84 EA NH WAIT $172
2 MPC 9.2 Oil & Gas Refining & 84 EA NH WAIT $432
3 COP 9.1 Oil & Gas E&P 85 EA NH WAIT $142
4 CVX 9.0 Oil & Gas Integrated 84 EA NH WAIT $217
5 OXY 9.0 Oil & Gas E&P 85 EA NH WAIT $59
6 PSX 8.9 Oil & Gas Refining & 84 EA NH WATCH $262
7 EOG 8.7 Oil & Gas E&P 85 EA NH WAIT $152
8 VLO 8.7 Oil & Gas Refining & 84 EA WAIT $403
9 MTDR 8.1 Oil & Gas E&P 85 EA NH WAIT $58
10 DVN 8.0 Oil & Gas E&P 85 EA NH WAIT $48
Top 3 Deep Dive

The trade plan, ticket-ready

1
XOM ExxonMobil Holdings Corpo
Oil & Gas Integrated · RS 84 · Now
Score
9.2
Leading Sector Earnings Accelerating Near Breakout RS 84
Current
$187.25
52W High
$188.50
Buy Zone
$179–$188
Away
-4.4%
Entry
$187.25
Stop −8%
$172.27
Target +20%
$224.70
Buy trigger — all must be true
1 Price enters the buy zone $179–$188
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $183.50
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 53 XOM LMT 188.19
STOP LOSS: $172.27
Reverses below $183.50 = invalid. 0.7% below 52-week high.
2
MPC Marathon Petroleum Corpor
Oil & Gas Refining & · RS 84 · Approaching
Score
9.2
Leading Sector Earnings Accelerating Near Breakout RS 84
Current
$444.73
52W High
$493.98
Buy Zone
$469–$494
Away
+5.5%
Entry
$469.28
Stop −8%
$431.74
Target +20%
$563.14
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 $459.90
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 21 MPC LMT 471.63
STOP LOSS: $431.74
Reverses below $459.90 = invalid. 10.0% below 52-week high.
3
COP ConocoPhillips
Oil & Gas E&P · RS 85 · Now
Score
9.1
Leading Sector Earnings Accelerating Near Breakout RS 85
Current
$154.03
52W High
$154.28
Buy Zone
$147–$154
Away
-4.8%
Entry
$154.03
Stop −8%
$141.71
Target +20%
$184.84
Buy trigger — all must be true
1 Price enters the buy zone $147–$154
2 Volume 50%+ above average on the move
3 Market turns GREEN or YELLOW
Do not buy if
× Price enters zone but reverses below $150.95
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 64 COP LMT 154.80
STOP LOSS: $141.71
Reverses below $150.95 = invalid. 0.2% below 52-week high.
Watchlist Scan

60 stocks, scored on all 7 CAN SLIM tests

EA Earnings accel NH Near 52W high
TickerPriceScoreCAN SLIMVerdictSectorSignals
XOM $187.25 9.2 WAIT-EARN Oil & Gas Integrated EA NH
MPC $444.73 9.2 WAIT-EARN Oil & Gas Refining & EA NH
COP $154.03 9.1 WAIT-EARN Oil & Gas E&P EA NH
CVX $235.52 9.0 WAIT-EARN Oil & Gas Integrated EA NH
OXY $64.00 9.0 WAIT-EARN Oil & Gas E&P EA NH
PSX $282.83 8.9 HOLD Oil & Gas Refining & EA NH
EOG $165.54 8.7 WAIT-EARN Oil & Gas E&P EA NH
VLO $399.66 8.7 BUY Oil & Gas Refining & EA
MTDR $60.88 8.1 WAIT-EARN Oil & Gas E&P EA NH
DVN $52.15 8.0 WAIT-EARN Oil & Gas E&P EA NH
PR $26.02 8.0 WAIT-EARN Oil & Gas E&P EA NH
ABBV $294.89 8.0 WAIT-EARN Drug Manufacturers - NH
SM $40.38 7.8 WAIT-EARN Oil & Gas E&P EA NH
DELL $424.30 7.7 HOLD Computer Hardware EA
OVV $72.62 7.6 WAIT-EARN Oil & Gas E&P EA NH
FANG $212.08 7.5 WAIT-EARN Oil & Gas E&P EA NH
LLY $1,417.54 7.5 AVOID Drug Manufacturers - NH
DHR $232.23 7.3 HOLD Diagnostics & Resear NH
UNH $406.97 6.9 AVOID Healthcare Plans
CRM $229.17 6.9 WATCH Software - Applicati
TMO $697.00 6.7 AVOID Diagnostics & Resear NH
CHRD $156.99 6.5 WAIT-EARN Oil & Gas E&P NH
JNJ $273.20 6.5 WATCH Drug Manufacturers - NH
SMCI $32.95 6.5 WAIT-EARN Computer Hardware EA
HPE $55.09 6.5 AVOID Communication Equipm EA
MGY $26.50 6.4 WAIT-EARN Oil & Gas E&P EA
FTNT $136.08 6.3 WATCH Software - Infrastru EA
VRTX $558.88 6.2 WAIT-EARN Biotechnology NH
MRNA $221.72 6.2 WAIT-EARN Biotechnology
PFE $30.52 6.1 WAIT-EARN Drug Manufacturers - NH
MRK $149.52 6.1 WATCH Drug Manufacturers - NH
REGN $927.89 6.1 WAIT-EARN Biotechnology NH
GILD $170.68 6.1 AVOID Drug Manufacturers - NH
DDOG $235.27 6.1 WAIT-EARN Software - Applicati EA
ANET $168.86 6.1 WAIT-EARN Computer Hardware EA
CRDO $150.99 6.1 WATCH Semiconductors EA
ZS $237.83 5.8 WATCH Software - Infrastru
CRWD $250.43 5.7 WATCH Software - Infrastru
CRC $55.46 5.5 WAIT-EARN Oil & Gas E&P EA
BMY $62.48 5.5 AVOID Drug Manufacturers - NH
BIIB $253.62 5.4 WATCH Drug Manufacturers - NH
PANW $365.87 5.4 WATCH Software - Infrastru
HAL $36.17 5.1 AVOID Oil & Gas Equipment
ALNY $165.00 5.1 AVOID Biotechnology
SNPS $467.61 5.1 WATCH Software - Infrastru EA
GEV $857.87 5.0 WATCH Specialty Industrial EA
VRT $232.50 4.6 AVOID Electrical Equipment EA
SLB $53.74 4.3 AVOID Oil & Gas Equipment
CDNS $327.89 4.0 AVOID Software - Applicati
PWR $620.73 4.0 AVOID Engineering & Constr EA
LITE $840.70 3.8 WAIT-EARN Communication Equipm
COHR $210.32 3.8 WAIT-EARN Scientific & Technic
ABT $106.20 3.6 AVOID Medical Devices
BMRN $58.51 3.2 WAIT-EARN Biotechnology
PCVX $62.03 3.1 WAIT-EARN Biotechnology
NOW $105.12 3.1 AVOID Software - Applicati
CEG $262.38 3.1 WAIT-EARN Utilities - Independ
SRPT $18.62 2.9 WAIT-EARN Biotechnology
NBIS $154.14 2.6 WAIT-EARN Internet Content & I
IONS $43.52 2.5 WAIT-EARN Biotechnology
Charts — Top Picks

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

XOM WAIT-EARN
9.2
XOM chart
MPC WAIT-EARN
9.2
MPC chart
COP WAIT-EARN
9.1
COP chart
CVX WAIT-EARN
9.0
CVX chart
OXY WAIT-EARN
9.0
OXY chart
PSX HOLD
8.9
PSX chart
EOG WAIT-EARN
8.7
EOG chart
VLO BUY
8.7
VLO chart
MTDR WAIT-EARN
8.1
MTDR chart
DVN WAIT-EARN
8.0
DVN chart
Action Summary

Market in Correction

Buy candidates
Waiting for market confirmation
VLO 8.7
Watch list
Not yet actionable
PSX HOLD · 8.9
DELL HOLD · 7.7
DHR HOLD · 7.3
CRM WATCH · 6.9
JNJ WATCH · 6.5
Avoid
Failing CAN SLIM tests
LLY UNH TMO HPE GILD
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