Good morning welcome to squawk alley. Im Carl Quintanilla at the new york stock exchange. Markets obviously the top story. The nasdaq closes above 7,000 on tuesday for the First Time Ever to kick off the year s p crosses 2700 in todays session. For a moment we were within 100 points of down 25 k. For more bring in senior markets commentator who has switched seats here at post 9 big playbook, strategic thoughts, what are they. Ongoing sweetspot seems it has continued into 2018. Pretty much all these things working for the market, low volatility advance, yesterday a little more energy in the nasdaq, obviously getting above 7,000 with a percent and a half move whats interesting is you have these forces of Global Consumer boom animating the nasdaq nasdaq composite also almost 14 of s p 500 the top five stocks in the s p are the top five in the nasdaq thats actually a newish thing so its very new versus lets say 2,000. On the other side you have this cyclical reflation story working for the