We buy 50 shares of CrowdStrike for about $354 each and 25 shares of Home Depot for about $390. After Thursday's trades, Jim Cramer's Charitable Trust will own 200 shares of CRWD and increase its portfolio weighting from 1.5% to 2%. The trust will also own 225 shares of HD and increase its weighting from approximately 2.20% to 2.5%. Now that the stock market has settled down and returned to its mid-morning high following Wednesday's Fed-induced crash, we will start a round of buying on the S&P 500 Short Range Oscillator out of discipline. This is the largest oversold in the market since October 3, 2023, when the market sold off after a hot job vacancies and labor turnover (JOLTS) survey sent Treasury yields soaring on concerns that the Federal Reserve had to raise interest rates. However, it turned out to be a good time to hold your nose and buy, as the S&P 500 was 3% higher a month later. The oscillator correctly showed that there was too much fear in the market. With this in mind, we are increasing our positions in CrowdStrike and Home Depot, both of which are high quality companies. For CrowdStrike, shares are back to the level they fell to in late November following its third-quarter earnings report. We thought it was a buying opportunity then and think it is now. This retreat is a great opportunity to delve deeper into this premier cybersecurity company. At Home Depot, the Fed's announcement that interest rate cuts next year would be smaller than expected and weak forecasts from homebuilder Lennar led to a decline in real estate and home improvement stocks. As bond yields rise despite Fed easing, increased mortgages pose some challenges to our thesis. However, housing sales are at their lowest level in 30 years and we are willing to be patient and expect 2025 to be a better year . The stock is now down 10% from its Dec. 6 peak of $431, providing a solid entry point. Please join us at our December monthly meeting at 12:00 pm ET to learn more about CrowdStrike, Home Depot, and the rest of the stocks in the club's portfolio. This also includes the initiative in the banking sector that we sent out a trading warning early on Thursday morning. (Jim Cramer's Charitable Trust is long CRWD, HD. A full list of stocks can be found here.) As a subscriber to 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 foundation's portfolio. If Jim discussed a stock on CNBC television, he waits 72 hours after the trade alert is issued before executing the trade. THE INVESTING CLUB INFORMATION SET FORTH ABOVE IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, ALONG WITH OUR DISCLAIMER. THERE ARE NO fiduciary duty or duty IN RECEIVING YOUR INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT CLUB. NO SPECIFIC RESULTS OR PROFITS ARE GUARANTEED.