Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

Markets in the U.S. have remained range bound since the end of January, and with hardly any trend-altering data coming out this week, it looks like the major stock indices will continue to trade within the range.

We are about to get two important housing market statistics on new and existing home sales. Both data should indicate a mild uptick as consumer confidence remained high in April. However, the historically low rate of unemployment might not be able to drastically lift up sales of big-ticket items like homes as the Fed has promised to increase rates in the coming months.

The good news is Q1 earnings releases coming out this week look solid and, amazingly, high-yielding stocks like Target Corporation (TGT ) are still trading at a very reasonable P/E ratio. So, there is hope that a lot of individual companies in the U.S. have the potential to turn bullish once again.

To sum up, expect volatility to remain stable this week as indicated by the decreasing CBOE Volatility Index and the stock market should continue to gain ground as it did since the start of May.

Check out last week’s Market Glance here in which the U.S. labor market and the housing sector provided investors with ample optimism.

To read the Full Story, Go Premium or Log In

Popular Articles

News

West Pharmaceutical Services Inc. Increases Dividend by 7.14%

Each day, companies and funds across the globe announce upcoming dividend payouts. In our ...

News

Accenture Plc. Leads 99 Securities Going Ex-Dividend This Week

There are 99 securities going ex-dividend this week starting Monday, October 15th. For income...

Premium Us mexico canada flags
News

Implications of "New" NAFTA For Dividend Investors

If there’s one theme that has been driving the markets over the last few quarters, it has to be...