Summary:

• David Nicoski of Vermilion Technical Research makes his debut on the show - he deciphers the market dynamics from a technical perspective, in particular relative strength analysis. Starting last Wednesday, the market plunged sharply, fulfilling a bearish diamond pattern prophecy.
• The thousand point decline in the Dow Jones Industrials Average last week was followed by a 1,000 point intraday collapse on Monday.
• Our guest expects further negative price action amid a flurry of unexpectedly bearish news events.
• An ominous diamond pattern recently emerged in US equities - strikingly similar to the 1929 market zenith.
• One overlooked gem in the rough is the Nikkei index (DXJ).
• David Nicoski thinks that Japan's equities bourse is on the cusp of a 10 year bull cycle.
• His analysis on individual sectors can markedly improve portfolio results, as the typical difference between solid / weak sectors exceeds 45%.
• The guest notes the US stock indexes should not be compared beyond a few years, as stocks are added / dropped too frequently to make useful comparisons.
• He is waiting for a bottom pattern to unfold in the PMs sector, such as an inverse head and shoulders, double / triple bottom.

• Prominent economic analyst, Jeffrey Christian of CPM Group rejoins the show on the heels of a pilgrimage to South Africa.
• His team correctly forecasted the commodities sector weakness.
• The cyclical decline in the bull market in commodities should conclude by 2018. Our guest thinks the US Fed is behind the financial trends.
• A Fed rate hike of the benchmark lending rate is a non-sequitur.
• Given the recent currency / equities market turmoil, worldwide.
• Our guest is watching for signs that investors in China start booking substantial equities profits, redirecting capital into the precious metals market.
• The battered crude oil sector could be presenting entry opportunities; any price below $40 represents a fair price, according to their models.