If they get hit, they come back, and fast. The crummy stuff, for the most part, is no longer spiking. The futures are no longer in charge. All last year, during the great bear market, we would see one seller come into the futures and knock the whole shebang down. It would be incredibly disconcerting.
Volume is terrific, and it is building on some of the beaten-up names.
Bear spikes are typically on thin or no volume. Advances beat declines big, and new highs are crushing new lows. There's a nice wall of worry. Liquidity is roaring back. You can move stocks without rocking them, either to the upside or to the downside, the latter being incredibly important.