Stocks Appear Vulnerable to a Pullback, Tom DeMark Says

The video discusses the current market trends by comparing them to the 1973 Dow Jones Industrial Average. It highlights similarities in trading days and percentage movements, suggesting a potential market peak. The video also explores the challenges of predicting market tops and bottoms, emphasizing the importance of evaluating market indices and the convergence of various markets. It concludes with a discussion on the implications of positive news on market trends.

What percentage decline was observed in December compared to the decline in 1973?

How many successively higher closes were recorded in the current market compared to 1973?

What historical market event does the current market resemble according to the analysis?

What is the significance of the upcoming long weekend in relation to market behavior?

What factors are mentioned that could indicate a market peak?