We are buying 25 shares of Boeing at roughly $214.02 increasing its share count in Jim Cramer’s Charitable Trust to 560 and weighting in the portfolio to 3.10%. In addition, we’re buying 10 shares of Goldman Sachs at roughly $797.42, increasing its share count in the Trust to 195 and weighting in the portfolio to about 4.05%. We’re buying a couple of more stocks Monday that we previously placed on our shopping list . Stocks jumped at start of the week as U.S. oil benchmark West Texas Intermediate crude dropped below $100 a barrel in early trading. The risk that oil reverses higher and pressures equities could always play out later Monday, but we are putting some cash to work early into the session given how oversold the market has become. After the S & P 500 fell 0.61% Friday, the S & P Short Range Oscillator moved further into oversold territory, declining to minus 7.87% from minus 7.65% the previous day. It’s still not quite at minus 10%, which would signal extreme pressure, but it remains at levels where we hold our nose and do some small buying in high-quality companies. Since the Oscillator crossed the minus 4% threshold into oversold territory, we added shares of Procter & Gamble on Wednesday and Alphabet on Friday . Boeing CFO Jay Malave is speaking at the Bank of America Global Industrials Conference Tuesday at 9:50 a.m. ET. If the company lowers its first-quarter free cash flow outlook but reiterates its full-year guidance and notes it is resuming deliveries of its 737 MAX jets — which were paused last week due to wiring issues — analysts at Citi have said it could create a “tactical bottom” in the stock. As for Goldman Sachs, we are buying back 10 of the 25 shares we previously sold at much higher prices across two trades in December and January . A prolonged conflict with Iran could pressure the IPO calendar , but several massive deals remain on the horizon, including SpaceX and potentially Anthropic and OpenAI, which would likely drive the bulk of fees. (Jim Cramer’s Charitable Trust is long BA, GS, PG and GOOGL. See here for a full list of the stocks.) 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. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the 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. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
