Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are higher to start the week, but are well off their session highs. Oil remains the story of the day, and after WTI crude fell to roughly $93 per barrel shortly after 10 a.m. ET, it rebounded to about $96. “Up opens” when the S & P Oscillator is this oversold can be tricky, especially in a market that is hypersensitive to every headline that crosses the tape. We’re in a market that can change on a dime. But we put some money to work earlier, in line with our discipline of gradually buying when the indicator reaches these -7% levels. The Oscillator suggests stocks are set up for a bounce, but a sustainable rally may still require positive developments in the oil market. Salesforce just launched what might be the largest corporate accelerated share repurchase program in history. The software company announced Monday that it has entered into an agreement with several large institutions to buy back 103 million shares, representing about 80% of the number of shares it anticipates repurchasing under a $25 billion ASR and a broader $50 billion share repurchase program. The company recently raised $25 billion in debt to finance these buybacks, a move some viewed as controversial while others saw it as opportunistic. CEO Marc Benioff clearly believes the “SaaS-pocalypse” is completely overblown for Salesforce and that the stock is too cheap, which explains why he is aggressively repurchasing shares at current levels. With no major earnings or economic reports this evening and Tuesday morning, our attention will turn to conferences and company updates , whether it’s reactions to Nvidia CEO Jensen Huang’s keynote address on Monday at the company’s annual GTC conference, or comments from Honeywell and Boeing at Bank of America’s industrial conference, as well as Dover at JPMorgan’s Industrials conference. We’ll also be keeping tabs on the Optical Fiber Communication Conference and Exhibition, where Corning will showcase several new fiber and cable innovations designed for AI data center networks. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) 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.