December E-mini S&Ps (ESZ14 -0.22%) this morning are down -0.12% and European stocks are up +0.02% ahead of the results of today's ECB meeting and press conference from ECB President Draghi shortly after.

Mosaic’s profits shot up around 62% year over year to $201.9 million or 54 cents per share in the reported quarter from $124.4 million or 29 cents a share a year ago.

Cheap oil prices and the economic prosperity they bring can make politicians and investors look smarter than they are.

September E-mini S&Ps (ESU14 +0.21%) this morning are up +0.16% as Q2 stock earnings results continue to surprise on the upside, while European stocks are down -0.36%...

The highest scoring names in large cap from 1 year ago (2/26/2013) returned 263 bps more than the S&P 500. The best performers are GILD up 95%, PCLN up 94%, MYL up 83%, YHOO up 80%, TMO up 69%, and XEC up 69%.

The Materials sector ranks seventh out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Dangerous rating, which is based on aggregation of ratings of 11 ETFs and 15 mutual funds in the Materials sector as of January 22nd, 2014.