Jan 23 2018 - NVDA on fire & JNJ sells off

QQQ's powered higher again today on the heels of NFLX, NVDA, AMZN and tech in general. Though, the Nasdaq 100's $VXN is also rising with equity prices. This is normally a 'yellow flag' for the bulls, but with earnings season upon us it could also be attributed to some proactive hedging. We'll keep an eye on the 20-day EMA for the QQQ's as our technical line in the sand.

We also discuss GLD, GDX, BIDU, MAT and more.

Have a great day!

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