December E-mini S&Ps (ESZ14 -0.75%) this morning are down -0.20% and European stocks are down -0.87% on global economic concerns.

Welcome to edition 216 of Insider Weekends. Insider buying increased last week with insiders buying $113.26 million of stock compared to $60.16 million in the week prior.

As Reuters reports, many of the 20 million homeowners in America are being held hostage on their mortgage modification process by an extra clause being added to the docs: they could not say or print or post anything negative about the provider, ever.

Econintersect: A report released Wednesday by the Office of the Comptroller of the Currency (OCC) is a status report on the Independent Foreclosure Review (IFR) program.

First, remember that until proven otherwise, last week’s selloff remains only that – a minor, short term dip. Our entire sample US and European indexes remain within their long term uptrends, albeit with further weakening momentum that is now mostly neutral, neither bullish nor bearish, and which suggests more range trading ahead.

Normally we first we look at overall risk appetite as portrayed by our sample of global indexes, because the EURUSD has been tracking these fairly well recently.