Benzingaยท2025-08-14 13:29Group 1: Market Overview - As of August 14, 2025, two stocks in the consumer discretionary sector are showing signs of being overbought, which may concern momentum-focused investors [1][2]. Group 2: Newegg Commerce Inc - Newegg Commerce Inc reported a significant stock price increase of approximately 154% over the past month, reaching a 52-week high of $98.45 [7]. - The company announced a sales agreement to sell up to $65 million in common stock, with a 3% commission to the sales agent [7]. - The RSI value for Newegg is at 80.7, indicating it is overbought, with shares closing at $91.89 [7]. Group 3: Wolverine World Wide Inc - Wolverine World Wide reported better-than-expected second-quarter financial results, leading to the strongest revenue growth in several years and a doubling of earnings per share year-over-year [7]. - The stock gained around 48% over the past month, with a 52-week high of $28.81 [7]. - The RSI value for Wolverine is at 81, also indicating it is overbought, with shares closing at $28.57 [7].