Insider buying decreased last week with insiders buying $73.83 million of stock compared to $90.85 million in the week prior. Selling also decreased with insiders selling $1.67 billion of stock last week compared to $2.18 billion in the week prior.

We believe consumer spending uncertainty still lingers amid sluggish economic growth in the U.S. with customers reducing their non-essential purchases.

December E-mini S&Ps this morning are down -0.07% after IBM missed on Q3 revenue estimates and European stocks are down-1.28% as SAP SE dropped over 5% after it cut its full-year profit forecast and Royal Philips slid over 4% after it reported Q3 sales and profits that were weaker-than-expected.

I think that most investors can agree that performing careful due diligence on an investment is a necessity. What investors cannot seem to agree on, though, is what constitutes “due diligence.”

Sep E-mini S&Ps (ESU14 -0.22%) this morning are down -0.20% as pressure builds for more sanctions against Russia, thus causing today's -0.3%sell-off in the Euro Stoxx 50 index and a further -1.4% decline in the Russian stock market.

Across our large cap universe, the average score is 55.71, below the four week moving average score of 56.80. The average large cap is trading -11.69% below its 52 week high, 1.31% above its 200 dma, has 3.89 days to cover held short, and is expected to grow EPS by 13.79% next year.