What do you say about a market that opened up this morning near its 52-week high, and that continues powering higher and higher in the face of surging oil prices, natural disasters, nuclear meltdowns and Middle East warfare? I know one thing you can say, and that is that this market’s strength simply cannot be denied.

One glance at the chart here of the S&P 500 Index tells you all you need to know about the extreme character, resilience and fortitude of this bull market.

Wednesday’s opening value of 1,335.94 was just 0.60% below the 52-week high of 1,344.07, and that’s truly remarkable when you think about what kind of exogenous headwinds this market has faced since about mid-February.

Sure, there was some early March selling in stocks as a result of investors running for safety. Yet, as soon as the coast was clear, money came pouring back into equities. This shows you that investors want to own this market, and they want to own it even with its potential flaws.

That sounds like a bullish love affair to me, and one that you should embrace with your own heart -- and your own money -- in 2011.