NEW YORK (TheStreet) -- Today we preview eight retail-oriented companies that report quarterly results on Tuesday and Wednesday. The six that are buy-rated according to ValuEngine are in the retail-wholesale sector. The two that are hold-rated are in the consumer discretionary sector.Stocks begin the week under the fundamental backdrop of a continued ValuEngine valuation warning with 75.9% of all stocks overvalued, 43% by 20% or move. The retail-wholesale sector is 24.7% overvalued with the consumer discretionary sector 24.9% overvalued. In the equity markets the major averages show mixed weekly chart profiles. The Dow Industrial Average ended last week with a negative weekly chart profile, but not the other major averages. The S&P 500 is below its five-week modified moving average, but its weekly momentum remains overbought. The Nasdaq and Russell 2000 ended the week positive but overbought. Dow transports ended the week with a neutral weekly chart profile, a close above its five-week MMA but with declining momentum. All five must have negative weekly chart profiles to signal that the early-August highs are cycle highs. Without these signals, new highs are likely in September. Four of the eight stocks are overvalued by more than 20%. Two stocks are down 8.9% to 12.7% over the last 12 months, while five gained more than 20%. Two are trading below their 200-day simple moving averages, while five show risk of a reversion to the mean by being above their 200-day SMAs. The eighth stock tested its 200-day SMA on weakness last week.
Private label casual clothing retailer Chico's FAS ( CHS) ($15.75) traded to a new 52-week low at $15.37 on Friday. My annual value level is $11.01 with a quarterly pivot is $15.88 and annual risky level at $16.25. Specialty retailer of both woman's and men's apparel Express ( EXPR) ($19.44) set its 2013 high at $23.25 on Aug. 1. My quarterly value level is $16.65 with a weekly risky level $21.80. The designer of casual apparel, Guess ( GES) ($28.21) set its 2013 high at $34.36 on Aug. 5 then fell to its 200-day simple moving average at $28.04 on Friday. My quarterly value level is $15.00 with a weekly risky level at $31.78. Perishable food retailer Fresh Market ( TFM) ($55.15) set its 2013 high at $57.16 on Aug. 13 then held its 50-day SMA at $52.71 on Aug. 19. My monthly value level is $44.20 with a quarterly pivot at $56.85 and weekly risky level at $58.05. Jewelry chain Tiffany ( TIF) ($82.00) set a multi-year high at $82.84 on Aug. 14. My annual value level is $64.34 with a monthly pivot at $83.93 and semiannual risky level at $86.69. TIVO) ($11.33) set a 2013 low at $10.47 on Aug. 19 then rebounded to a close above its 50-day SMA at $11.18 on Friday. My quarterly value level is $11.00 with an annual pivot at $11.49 and monthly risky level at $12.35.
Specialty retailer Williams-Sonoma ( WSM) ($58.74) set a multi-year high at $61.38 on Aug. 5 then held its 50-day SMA at $58.01 at Friday's low. My quarterly value level is $50.79 with a semiannual pivot at $59.42 and a weekly risky level at $61.81. ZLC) ($8.99) set a multi-year high at $10.49 on Aug. 14.but closed Friday below its 50-day SMA at $9.14. My monthly value level is $7.72 with a weekly risky level at $9.13. At the time of publication the author held no positions in any of the stocks mentioned. Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.