Investors often erroneously believe that a stock needs to be climbing higher to be defined as a growth stock.

September E-mini S&Ps (ESU14 +0.10%) this morning are up +0.12% and European stocks are up +0.37% after ThyssenKrupp AG, Germany's largest steelmaker, reported better-than-expected quarterly earnings.

September E-mini S&Ps (ESU14 -0.16%) this morning are down -0.14% and European stocks are down -0.40% on concern the economic recovery is slowing in Europe after German May exports fell more than expected and after UK manufacturing unexpectedly contracted by the most in 16 months.

Insider buying increased last week with insiders purchasing $17.78 million of their stock compared to $3.38 million in the week prior. Selling also increased with insiders selling $831.24 million of stock last week compared to $702.52 million in the week prior.