did the perngs we saw today we saw today from chase and wells fargo support the move that we've seen in stocks? >> generally, yes. we were hook for confirmation and got it. positive guidance which means the earnings estimates will go up. since the election they've only gone up 5 to 8%. stocks are up 30. i think we have enough to make investors feel comfortable. this is a go-to sector for 2017. >> let's talk about one of the trio and that would be wells fargo. take us through investment case pros and cons in this one. i can imagine their mortgage business which is the biggest in the country, if i'm recalling correctly, might face some pressure with rising interest rates. >> they have a couple challenges. number one is the scandal on the cross sale issues. and one of the disappointing news on wells was they had promised a $2 billion savings from initiatives but none of that is going to the that investors. it is going to the initiatives. secondly, mortgage. they're the second biggest mortgage lender in the country. more competition, more pressure. the reason the stock was up today was t