$EBIX hit fresh record highs yesterday after releasing a strong earnings report.
Markets continue to sleep walk through this week. It was last August when the cracks were forming in the market. We had a massive collapse at the end of the month. This time around volatility continues to leak lower. The intra-day action chops around in a narrow range. And over all price action is non-descript.
Yesterday was the first real pull back for the market in quite a long time. It felt so long, it brought me back to the movie Groundhogs day where the same Day keeps playing over and over and over again.
Yesterday looked that way. We had a morning dip, but this time it wasn't bought right away.