The markets saw a bounce on Tuesday as the tech stocks that had been selling off were able to bounce a little. This helped the Dow 30 hit a new record high, closing up 91. The S&P 500 gained 10, and the Nasdaq 100 bounced 44, much needed points. From here traders will focus on only one thing, the Federal Reserve interest rate decision tomorrow afternoon. Active traders can expect quiet markets until the results are in.

Tesla (TSLA  ) continued its massive rally today gaining another 4.72% as analyst firm, Berenberg upgraded the stock to buy from hold and raised its price target to $464 a share. With that price target the firm see additional 27% upside from here. According to their report their reasoning for such an ambitious target is "disruptive potential" and its "near monopolistic" opportunity to develop electric vehicles for mass market use. Shares of the electric auto maker are now higher by over 70% for 2017.

Apple (AAPL  ) was in the media today though shares were little changed as CEO Tim Cook confirmed to Bloomberg that the tech giant is working on technology to power self-driving cars. The CEO said Apple "won't be building its own autonomous vehicle," but says it's doing something that might be even more important. It is the first time Cook has discussed or acknowledged the program publicly. Shares were hit hard over the past few days but saw a small bounce today on that news, and strength in the Nasdaq overall.

Imax (IMAX  ) bounced 5.00% today as news came out that the large screen theater chain is "laying off 100 workers, or about 14% of its global workforce, as it looks for ways to cut costs." In addition that company announced that it would be buying back an additional $200 million of its stock, which seems like good timing as the stock is lower by almost 20% on the year.