NEW YORK ( TheStreet) -- Earnings volatility continued last week as six of the stocks previewed here last Monday in Cisco, Wal-Mart and Macy's Lead This Week's Earnings Parade moved higher by 1.6% to 10.6% as Macy's ( M) led the parade of winners. To the downside four lost between 1.3% and 8.4% as Cisco Systems ( CSCO) networked to the earnings woodshed as the biggest loser.Fundamentally the percentage of overvalued stocks reached a 2013 high at 85.4% with 55.4% overvalued by 20% or more. Technically all five major averages have positive but overbought weekly chart profiles. On Friday the Dow Industrial Average, S&P 500 and Dow transports set new all-time intra-day highs at 15,962.98, 1798.22 and 7211.61 respectively. The Nasdaq set a new multi-year high at 3985.97. The Russell 2000 stayed below its all-time intra-day high at 1123.26 set on Oct. 30.