A director just bought 5,000 shares, or about $367,000 worth of stock, at $73.43 per share.

From a technical perspective, OXY is currently trending below both its 50-day and 200-day moving averages, which is bearish. This stock has been downtrending badly for the last three months, with shares dropping from a high of $92.92 to its recent low of $71.90 a share. During that move, shares of OXY were consistently making lower highs and lower lows, which is bearish technical price action. That said, the stock has recently put in a double bottom at around $72 a share and it's moving within range of triggering a near-term breakout trade.

If you're bullish on OXY, then I would look for long-biased trades once this stock manages to break out above some near-term overhead resistance levels at $76.44 to its 50-day at $78.35 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 5,112,790 shares. If that breakout triggers soon, then OXY will set up to re-test or possibly take out its next major overhead resistance levels at $80 to $84 a share.

Fortune Brands Home & Security

Another name in the capital goods sector that insiders are buying a decent amount of stock in is Fortune Brands Home & Security ( FBHS). This is a home and security products company that competes in attractive long-term growth markets in its categories. Insiders are buying this stock into big time strength, since shares are up 75% so far in 2012.

Fortune Brands Home & Security has a market cap of $4.85 billion and an enterprise value $4.81 billion. This stock trades at a premium valuation, with a trailing price-to-earnings of 164.75 and a forward price-to-earnings of 25.71. Its estimated growth rate for this year is 51.7%, and for next year it's pegged at 31.8%. This is not a cash-rich company, since the total cash position on its balance sheet is $216.10 million and its total debt is $344.60 million.

A director just bought 10,000 shares, or around $288,000 worth of stock, at $28.87 per share.

From a technical perspective, FBHS is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been moving within a sideways trading pattern for the last two months, with shares moving between $26 on the downside and $30.50 on the upside. A high-volume move outside of that range will likely lead to the next major trend for shares of FBHS.

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