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Following the selloff in the market Thursday, the Oscillator moved even further into oversold territory with a reading of minus 7.04%. CNBC's Zev Fima , portfolio analyst for the Investing Club, contributed to this report.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

We're buying 25 shares of Microsoft (MSFT) at roughly $240 each. In addition to the oversold Oscillator, we're putting some cash to work Thursday as a counter to the poor sentiment in the market. But at a minimum, we think these indicators suggest there's a lot of negativity already priced into the market. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

We're selling 30 shares of Humana (HUM) at roughly $468 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 120 shares of HUM, decreasing its weighting to 1.98% from 2.46%. Wednesday's small sale in Humana comes one day before the company's investor event. It's not like us to trade around an investor event or immediately following a maelstrom in the market like Tuesday. We'll realize a small gain of about 1% on HUM stock purchased in April 2022.

We're buying 50 shares of Honeywell International (HON) at roughly $188.29 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 625 shares of HON, increasing its weighting to 4.06% from 3.75%. From an end market perspective, about 65% of the company's sales are focused on late cycle end markets like commercial aviation, defense, oil & gas, and nonresidential construction. We believe these end markets are less likely to have material earnings revision risks and better positioned to weather a softening macro environment. With this buy, we're repurchasing the full 25 shares we sold at around $198 in late-March plus an additional 25.

Put simply: The S & P Oscillator is our most trusted indicator of how to act during big upswings or huge downdrafts in the market. But what do you do when the market has no memory from one day to the next? We receive a daily update from the S & P: Anything above a plus 4% would indicate the market is overbought; anything below a minus 5% would indicate the market is oversold. The market was making new highs that day and in subsequent days, but the S & P Oscillator was flashing an overbought signal. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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