By Jeff Marks
Publication Date: 2026-03-19 18:06:00
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 falling for the second session in a row, as the S & P 500 makes a new low for 2026. The drawdown from the record high close on Jan. 27 has now reached roughly 5.75%. Historically, the S & P 500 experiences a 5% pullback a few times per year, but they never feel good while it’s happening. Keeping emotions in check is exactly why we lean on the S & P Oscillator in stretches like this. This technical indicator helps us identify when the market has become oversold and sentiment has turned too negative. The deeply oversold condition is why we’ve been picking at one or two stocks to buy small each day while keeping plenty of dry powder in case geopolitical tensions escalate and push oil prices higher. DuPont is seeking stockholder approval for a reverse stock split in the 1-for-2 to 1-for-4 range, with the exact ratio to be determined by its board, the company announced late Wednesday. You don’t often see reverse stock splits among established companies; typically, they are undertaken by smaller companies whose stock prices have fallen sharply and need to be above a certain threshold to maintain their exchange listing. However, there is some precedent from a fellow industrial that also underwent a significant number of changes. GE did a 1 for 8 reverse split in July 2021. This predated the…