NEW YORK ( TheStreet) -- The retail-wholesale sector may be 26% overvalued according to www.ValuEngine.com but maintains an overweight sector rating with 80.9% of the 345 stocks sporting buy ratings. These stocks have been holding up well despite weakening consumer confidence.In addition to covering the discount retailers my Oct. 1 post, Discount Retailers Should Hold Up in a Risky Market I also set the stage for the conditions that would lead to a new set of highs for the five key equity averages. The Nasdaq ended the first week of October above my semiannual pivot at 3759, which was my scenario to look for a new set of market highs. The Dow Industrial Average set a new all-time intra-day high at 15,797.68 on Nov. 7. The S&P 500 set its all-time intra-day high at 1775.22 on Oct. 30. The Nasdaq set its multi-year intra-day high at 3966.71 on Oct. 30. The Dow transportation average set its intra-day all-time high at 7131.80 on Nov. 4. The Russell 2000 set its intra-day all-time high at 1123.26 on Oct. 30.