Zero — ZERO! — stocks in the $SPX made new 52-week lows yesterday. Read that again. You can't have the bear market everyone keeps screaming about when literally nothing is breaking down to new lows! The tape is telling you something loud and clear — this market has a bid under it. The doomers are getting crushed. When you see breadth like this, when the selling just isn't there, you don't fight it. This is what healthy markets look like. Bulls are in control. BOOYAH!