NEW YORK ( TheStreet) -- Today's post is the scorecard for the six retail-wholesale stocks that reported quarterly results in the afterhours Thursday and premarket Friday. Foot Locker (FL - Get Report) kicked the ball out of the park premarket on Friday setting a new multi-year high. On the opposite side of the ledger shares of Ross Stores (ROSS) slumped after matching earnings expectatins and a cautious holiday spending outlook.The stock market remains extremely overvalued. ValuEngine shows that 85.5% of all stocks are overvalued with 57.7% overvalued by 20% or more. All 16 sectors are overvalued with 13 overvalued by 22.6% to 36.6%. The retail-wholesale sector is 30.6% overvalued with an overweight rating. Of the 344 stocks 79.9% in this sector have buy or strong buy ratings.
Foot Locker Runs Up, While Ross Stores Sink
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