“You sit on the bulls-eye and I will wrap my neck around yours to keep you there,” one Brontosaurus says to another Brontosaurus.

If you can imagine the Brontosaurus outside the bulls-eye as the indices and the one sitting on the bullseye the Modern Family, you’ll have a pretty good idea of the market battle in play.

Another battle in the market-the S&P 500 is down only 1.6% or so from the all-time high. A significant percentage of individual stocks within the S&P 500 though, have fallen over 10% from their 52-week high.

That puts the weaker breadth of the market sitting on the bulls-eye. The SPY wraps its neck tighter around the weaker stocks, putting them in harm’s way. Can the weaker stocks fight back?

The Modern Family has sat on the bulls-eye ever since Granny Retail (XRT) was begrudgingly placed there following poor holiday sales.

Sure, the Brontosaurus has a reputation as a peaceful dinosaur (not to mention also as one a few leaves short of a tree).

But doesn’t even a simple, mild-mannered vegan dinosaur have teeth?

When one thinks of a bulls-eye, one might conjure up a game of darts- a game where the goal is to hit the bull in the eye.

With the Federal Reserve looking to raise rates, commodities taking a beating while the dollar holds firm, might we say that the indices have thrown a few darts of their own?

Besides Retail (XRT)’s place in the bulls-eye, today she had company.

The Russell 2000 confirmed the warning phase. Transportation entered an unconfirmed one.

So which index might the Brontosaurus outside the bulls-eye be?

The Nasdaq 100 for sure. QQQs barely budged from the highs. Google (GOOGL), Facebook (FB) and Amazon (AMZN) closed green.

For now, the market continues to find optimism in an economy where people use their iPhones to Google what stuff they should buy on Amazon and then find contentment from seeing their purchases tracked on Facebook.

The Modern Family will not find optimism until policies that supportRetail, Transportation (infrastructure) and Small Cap companies are mapped out and on their way to legislature.