EE
CAN SLIM Daily Briefing
William O'Neil's CAN SLIM System
2026-11-03
Generated 2026-11-03 05:03
RED · CASH ONLY
Today's Marching Orders
Market in Correction
Stay in cash · wait for a rally
VIX
21
Rally Attempt
Day 0
Support
$761.63
Distribution Days
7
Market Trend
PULLBACK
Can Buy?
NO
Status
CORRECTION
Action AVOID: Market in correction (7 distribution days, below the 50-day MA) - preserve capital, wait for rally
Priority Setups

Buy zones & stops — armed, not triggered

01 PSX
WAIT
Buy Zone
$284–$299
Stop Loss
$261.67
02 MPC
WAIT
Buy Zone
$469–$494
Stop Loss
$431.74
03 XOM
WAIT
Buy Zone
$179–$188
Stop Loss
$165.30

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) 7
Market Trend PULLBACK
Can Buy? NO
Rally Attempt Day 0
O'Neil Says

“AVOID: Market in correction (7 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 1st percentile of the past year
DIX (5-day SMA)
0.40–0.45 · neutral zone
0.400 (0.442)
1-year percentile
low · dark pools not accumulating
1st
GEX
low · moves amplified
$2.78B (14th %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 2026-11-02 · 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: 0 Leaders · 3 Strong · 11 Laggards
Top 10 — best for buying
1 Energy XLE
78
2 Oil & Gas E&P XOP
78
3 Healthcare XLV
76
4 Software - Infrastructure IGV
58
5 Consumer Defensive XLP
56
6 Biotechnology XBI
56
7 Financial Services XLF
50
8 Basic Materials XLB
50
9 Medical Devices IHI
50
10 Technology XLK
49
Bottom 5 — avoid
23 Gold 21
24 Aerospace & Defense 21
25 Communication Services 19
26 Copper 15
27 Utilities - Renewable 13

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

The AI Focus List

Top 10 opportunities, ranked

RankTickerScoreSectorRSSignalsActionStop
1 PSX 9.1 Oil & Gas Refining & 78 EA NH WAIT $262
2 MPC 8.4 Oil & Gas Refining & 78 EA WAIT $432
3 XOM 8.2 Oil & Gas Integrated 78 EA NH WATCH $165
4 COP 8.2 Oil & Gas E&P 78 EA NH WAIT $135
5 EOG 8.0 Oil & Gas E&P 78 EA NH WAIT $145
6 VLO 8.0 Oil & Gas Refining & 78 EA WATCH $403
7 CVX 7.8 Oil & Gas Integrated 78 EA NH WAIT $210
8 OXY 7.8 Oil & Gas E&P 78 EA NH WAIT $59
9 SM 7.8 Oil & Gas E&P 78 EA NH WAIT $36
10 LLY 7.8 Drug Manufacturers - 76 NH WATCH $1,298
Top 3 Deep Dive

The trade plan, ticket-ready

1
PSX Phillips 66
Oil & Gas Refining & · RS 78 · Approaching
Score
9.1
Strong Sector Earnings Accelerating Near Breakout RS 78
Current
$275.04
52W High
$299.39
Buy Zone
$284–$299
Away
+3.4%
Entry
$284.42
Stop −8%
$261.67
Target +20%
$341.30
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 $278.73
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 35 PSX LMT 285.84
STOP LOSS: $261.67
Reverses below $278.73 = invalid. 8.1% below 52-week high.
2
MPC Marathon Petroleum Corpor
Oil & Gas Refining & · RS 78 · Approaching
Score
8.4
Strong Sector Earnings Accelerating RS 78
Current
$430.39
52W High
$493.98
Buy Zone
$469–$494
Away
+9.0%
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. 12.9% below 52-week high.
3
XOM ExxonMobil Holdings Corpo
Oil & Gas Integrated · RS 78 · Now
Score
8.2
Strong Sector Earnings Accelerating Near Breakout RS 78
Current
$179.67
52W High
$188.50
Buy Zone
$179–$188
Away
-0.3%
Entry
$179.67
Stop −8%
$165.30
Target +20%
$215.60
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 $176.08
× Volume is weak / unconfirmed
× Market turns RED
Order ticket
BUY 55 XOM LMT 180.57
STOP LOSS: $165.30
Reverses below $176.08 = invalid. 4.7% below 52-week high.
Watchlist Scan

50 stocks, scored on all 7 CAN SLIM tests

EA Earnings accel NH Near 52W high
TickerPriceScoreCAN SLIMVerdictSectorSignals
PSX $275.04 9.1 BUY Oil & Gas Refining & EA NH
MPC $430.39 8.4 WAIT-EARN Oil & Gas Refining & EA
XOM $179.67 8.2 HOLD Oil & Gas Integrated EA NH
COP $146.84 8.2 WAIT-EARN Oil & Gas E&P EA NH
EOG $157.89 8.0 WAIT-EARN Oil & Gas E&P EA NH
VLO $381.46 8.0 HOLD Oil & Gas Refining & EA
CVX $227.77 7.8 BUY Oil & Gas Integrated EA NH
OXY $60.72 7.8 WAIT-EARN Oil & Gas E&P EA NH
SM $37.44 7.8 WAIT-EARN Oil & Gas E&P EA NH
LLY $1,410.99 7.8 WATCH Drug Manufacturers - NH
PR $24.56 7.6 WAIT-EARN Oil & Gas E&P EA NH
ABBV $288.84 7.6 BUY Drug Manufacturers - NH
OVV $67.78 7.3 WAIT-EARN Oil & Gas E&P EA NH
DELL $392.78 7.3 HOLD Computer Hardware EA
DHR $227.97 6.9 HOLD Diagnostics & Resear NH
FANG $199.74 6.7 WAIT-EARN Oil & Gas E&P EA NH
UNH $400.44 6.5 AVOID Healthcare Plans
TMO $682.65 6.5 AVOID Diagnostics & Resear NH
CRM $226.18 6.5 AVOID Software - Applicati
DVN $48.63 6.3 WAIT-EARN Oil & Gas E&P EA NH
PFE $30.67 6.3 WAIT-EARN Drug Manufacturers - NH
HPE $51.19 6.3 AVOID Communication Equipm EA
BMY $63.02 6.2 WATCH Drug Manufacturers - NH
CRDO $140.02 6.0 WATCH Semiconductors EA
CHRD $147.39 5.9 WAIT-EARN Oil & Gas E&P NH
MRK $148.36 5.9 WATCH Drug Manufacturers - NH
SMCI $30.44 5.8 WAIT-EARN Computer Hardware EA
MTDR $55.76 5.7 WAIT-EARN Oil & Gas E&P EA
ANET $164.14 5.7 WAIT-EARN Computer Hardware EA
MGY $25.05 5.6 WAIT-EARN Oil & Gas E&P EA
JNJ $270.56 5.6 WATCH Drug Manufacturers - NH
FTNT $126.21 5.6 WATCH Software - Infrastru EA
ZS $223.79 5.5 WATCH Software - Infrastru
PANW $351.72 5.3 WATCH Software - Infrastru
CRWD $241.81 5.3 WATCH Software - Infrastru
DDOG $216.10 5.2 WAIT-EARN Software - Applicati EA
SNPS $466.08 5.0 WATCH Software - Infrastru EA
GEV $862.25 5.0 AVOID Specialty Industrial EA
CRC $52.54 4.6 WAIT-EARN Oil & Gas E&P EA
VRT $224.24 4.5 AVOID Electrical Equipment EA
CDNS $329.51 4.0 AVOID Software - Applicati
PWR $621.18 4.0 AVOID Engineering & Constr EA
HAL $34.61 3.7 AVOID Oil & Gas Equipment
COHR $199.95 3.7 WAIT-EARN Scientific & Technic
ABT $110.16 3.6 AVOID Medical Devices
SLB $52.31 3.3 AVOID Oil & Gas Equipment
NOW $106.01 3.2 AVOID Software - Applicati
CEG $257.25 3.1 WAIT-EARN Utilities - Independ
NBIS $141.39 2.5 WAIT-EARN Internet Content & I
LITE $684.40 2.4 WAIT-EARN Communication Equipm
Charts — Top Picks

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

PSX BUY
9.1
PSX chart
MPC WAIT-EARN
8.4
MPC chart
XOM HOLD
8.2
XOM chart
COP WAIT-EARN
8.2
COP chart
EOG WAIT-EARN
8.0
EOG chart
VLO HOLD
8.0
VLO chart
CVX BUY
7.8
CVX chart
OXY WAIT-EARN
7.8
OXY chart
SM WAIT-EARN
7.8
SM chart
LLY WATCH
7.8
LLY chart
Action Summary

Market in Correction

Buy candidates
Waiting for market confirmation
PSX 9.1
CVX 7.8
ABBV 7.6
Watch list
Not yet actionable
XOM HOLD · 8.2
VLO HOLD · 8.0
LLY WATCH · 7.8
DELL HOLD · 7.3
DHR HOLD · 6.9
Avoid
Failing CAN SLIM tests
UNH TMO CRM HPE GEV
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