Stock Market Today With IBD

Indexes Reverse Higher With Fed Due; Arista Networks, Cameco, ELF Beauty In Focus

Episode Summary

Indexes traded lower Tuesday morning, but reversed modestly higher, with the Nasdaq moving above the 200-day line. It’s still not a confirmed rally, with the Fed meeting announcement due Wednesday. Arista Networks and Cameco gapped up on earnings, while ELF Beauty plunged ahead of its results.

Episode Notes

Indexes traded lower Tuesday morning, but reversed modestly higher, with the Nasdaq moving above the 200-day line. It’s still not a confirmed rally, with the Fed meeting announcement due Wednesday. Arista Networks and Cameco gapped up on earnings, while ELF Beauty plunged ahead of its results.