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we just saw angela merkel there she is from germany, coming in for that photo we will be waiting for other leaders as they are arriving. >> all right the s&p 500 nasdaq composite closed at fresh records yesterday, with dow 32 points lower record close in march what is next for the market, and while we are taking some video in on g-7 summit let's ask jonathan hoenig, are you back here with us. >> great to be with you yes good morning. >> so where do you he see the market headed right now? >> it is headed up, i mean despite all this -- intrigue world turmoil trend exonerates higher for stocks as i mentioned yesterday all-time highs two of the three major indices and the board of education continues very positive what does that mean in a lot of stocks continue to do well, 300 new 52-week highs yesterday only 100 new loss stocks continue to trend higher until that changes, keep in mind markets tend to move in trends they are not chaotic not crash unexpectedly all one day so trend continues to be higher for stocks, and what is strongest are technology names it used to be you know gms ge's