We see two post-earnings declines as buys, while happy to see a Tuesday laggard stabilize

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. Market moves: The S & P 500 turned relatively flat Wednesday after trading higher for most of the morning. Disappointing reactions to earnings were partly to blame. Dow component Caterpillar was weighing on the 30-stock average after missing estimates on both quarterly revenue and earnings.

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.

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