NEW YORK ( TheStreet) -- This week's earnings reports highlight six buy rated stocks in the retail-wholesale sector, one major buy rated tech stock, and a sell rated name in the construction sector.On April 9 I wrote, Rating the Three Consumer Sectors where I gave the retail-wholesale sector an overweight rating. Today I re-iterate this rating even though the sector is the most overvalued by 19.2%. The overall stock market begins the week under a ValuEngine valuation warning with 68.7% of all stocks overvalued. This is the highest such reading in 2013. We show that 228 stocks out of the 360 in the retail-wholesale sector are rated buy. With 63.3% of the sector rated buy the overweight rating remains justified.
The non-employment rate includes anyone not working: those unemployed plus those out of the labor force, like students, caring for relatives or too discouraged to look for work. In the year 2000 the non-employment rate in the US was 18.5% in sixth place behind Japan, France, Germany, Britain and Canada. In 2011 the U.S. topped the list with a non-employment rate of 26.6%. This morning at 8:30 AM the Retail Sales data for April is released, and a decline of 0.4% is expected.