Insider buying decreased last week with insiders buying $68.12 million of stock compared to $73.83 million in the week prior. Selling increased a little with insiders selling $1.69 billion of stock.

December E-mini S&Ps (ESZ14 +0.17%) this morning are up +0.07% at a fresh record high on optimism the U.S. economy can weather a global slowdown and the end of the Fed's bond purchases.

T2108 closed at 31.7%, a level last seen in mid-August. The 2-day loss of 24.9% qualifies for quasi-oversold conditions.

FQ1 misses, and Ellison resigns. Investor worries are mounting.

And wow, what complete and utter BS it is. The NYSE is still below 11,000 (our Must Hold line) and the Russell is still below it's 50 dma and we up on less than 10% of the volume (total) that sold off for the last two weeks. But, who cares as long as it paints a pretty picture?

T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse.