Morning Rage 10.2.2012

Crude oil is up slightly, an eighth of a point, and gold and silver are both down, two and a half points and sixteenth of a points respectively. Platinum is down eight points. Corn is down three and a half points.

The Mosaic Company (MOS) will report its quarterly earnings before the bell this morning. MOS is currently trading at 58.01 up more than ten points since June and trending slightly up in the past week before earnings. Mosaic has moved around 3-4% on earnings and has missed three of the last five estimates.

Motor vehicle sales reports come out today, but otherwise, no major economic announcements are expected today.