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Record. All three major averages were at record yesterday but they are sort of drifting today as attention is turning to individual stocks and their earnings reports. I want to take a look at this march towards 23,000, even if we do not quite maintain that level. We have the lines at the various 1000 point intervals for the dow. It is the sixth time we have moved 1000 points over the past 12 months and the fifth time since the election. It has been at pretty regular intervals. We have seen the dow stall out several times once it has climbed to those big round numbers. We have some significant dow movers, Unitedhealth Group rising after the nations Largest Health insurer came out with a medical loss ratio that was lower than estimated as its customers spend less. Johnson johnson out with earnings as well. Off topselling drug fended competition even though there have been a ....
Beating Goldman Sachs. Coming in atates 1. 5 billion. R. O. E. Over 9 . There with us to discuss is Alison Williams of Bloomberg Intelligence. Your take on the earnings . Too few things . Wealthover 9 and their margin coming in at 25 . We saw that strength at bank of america, we saw strength at wells fargo which was a precursor but those are key metrics. They focus on that r. O. E. And the margin is one of the goals they focus on to get there. Fixed debt in line, the banking fee is something we have seen. Alix what have we learned about Morgan Stanley on Goldman Sachs . Is it all about commodities . It is more execution. Alison it to be a little bit of both. Every quarter is going to be different in term ....