this market is very, very weak. this is like watching a naked drunk trying to get up from a greasy floor. everything is getting swatted back down. everything.
I remember once watching a bunch of bikers beat the crap out of a guy at a local tattoo parlour where I grew up. After this guy sustained a mashed face and two broken arms he was left unconscious on the curb. That guy reminds me of this market.
Markets are not weak or strong. A market is a meeting place where buyers and sellers meet. Some people might be weak. I observe about 40 stock symbols on the 52 week new high list this morning. Some of the companies listed on the new high list might be demonstrating their ability to grow under current conditions.