I am liking this stock market right now.

On Thursday, we had the report that consumer borrowing declined by the largest amount in 65 years.

Retailers showed their numbers and it was an awful Christmas.

All that swirling around, with an ominous air of anticipation for the jobless report to come out today.

And what? The market didn’t blink. Stocks are level. Haven't changed much at all since 2008.

That mattered because Thursday marked the end of the first five trading days of the year, which some people think is a sign of what the market will do this month and that, in turn, is often an indicator of what will happen this year.

I don’t really believe in those signs, but they’re fun to watch.