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The most overbought stocks in the consumer discretionary sector presents an opportunity to go short on these overvalued companies.

The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70.

Heres the latest list of major overbought players in this sector.BJ's Restaurants, Inc. BJRI Wedbush recently upgraded BJ's Restaurants from Neutral to Outperform and maintained a $36 price target. The companys stock has a 52-week high of $36.14 . RSI Value: 73.54 BJRI Price Action: Shares of BJ's Restaurants gained 7.5% to close at $31.34 on Friday. Melco Resorts & Entertainment Limited MLCO Melco announced a privately-negotiated share repurchase agreement with Melco International Development Limited and Melco Leisure Under which co. will repurchase $169,836,073.04 of shares. The companys stock has a 52-week high of $14.46. RSI Value: 75.68 MLCO Price Action: Shares of Melco Resorts gained 3.7% to close at $14.39 on Friday. Amazon.com, Inc. AMZN Amazon launched an Anti-Counterfeiting Exchange (ACX) to improve its risk evaluation systems for a safer online shopping experience. The company has a 52-week high of $146.57. RSI Value: 70.06 AMZN Price Action: Shares of Amazon rose 3% to close at $106.96 on Friday. Las Vegas Sands Corp. LVS Las Vegas reported better-than-expected Q1 results. "While travel restrictions and reduced visitation continued to impact our financial performance during the quarter, a robust recovery in travel and tourism spending across our markets is now underway. We remain enthusiastic about the opportunity to welcome more guests back to our properties throughout 2023 and in the years ahead," said Robert G. Goldstein, chairman and chief executive officer. The companys 52-week high is $63.49. RSI Value: 77.21 LVS Price Action: Shares of Las Vegas Sands rose 2.5% to close at $63.05 on Friday. KB Home KBH KB Home reported better-than-expected Q1 results. "We produced solid financial results in the first quarter, with diluted earnings per share that were in-line with the prior-year quarter, despite significantly more challenging housing market conditions," said Jeffrey Mezger, Chairman, President and Chief Executive Officer. The company has a 52-week high of $42.61. RSI Value: 70.24 KBH Price Action: Shares of KB Home rose 0.4% to settle at $41.69 on Friday.

Read More: $59M Bet On This Biotechnology Stock? Check Out These 4 Stocks Insiders Are Buying

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Acquitted McLeod joins KHL’s Avangard Omsk

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Acquitted McLeod joins KHL's Avangard Omsk

Michael McLeod, one of five Hockey Canada players who were found not guilty of sexual assault charges in July, has signed a three-year contract with Avangard Omsk of Russia’s Kontinental Hockey League.

McLeod, Dillon Dubé, Cal Foote, Alex Formenton and Carter Hart were members of Hockey Canada’s 2018 National U-20 Junior Team. They were criminally charged in early 2024 for an alleged incident that took place after the 2018 Hockey Canada Foundation Gala in London, Ontario. In July, Ontario Superior Court Justice Maria Carroccia found the five players not guilty of sexual assault. McLeod also was acquitted of a separate charge of being a party to the offense of sexual assault.

The NHL said at the time that those players were ineligible to rejoin the league until reinstated through its own investigation. The league announced in September that the five players would be eligible to play in the NHL again beginning on Dec. 1.

“Taking into account that the players have been away from the game for 20 months — including since their acquittals in July — we have determined that the players will be eligible to sign an NHL contract no sooner than October 15, 2025, and eligible to play in NHL games no sooner than December 1, 2025, bringing their total time out of the League to nearly two years,” the NHL said in a statement.

The NHLPA said it was “pleased [the players] will have the opportunity to resume” their NHL careers.

McLeod, 27, last played in the NHL with the New Jersey Devils in the 2023-24 season. He played 19 games with Omsk in 2024-25, one of two KHL teams he joined as the Hockey Canada investigation and legal process played out.

Avangard Omsk is coached by former Tampa Bay Lightning and Ottawa Senators coach Guy Boucher.

Alexey Sopin, general manager of Avangard Omsk, said via Telegram: “Negotiations with Michael and his representatives were brief. The player everyone has been waiting for will once again don the Hawks’ uniform. We are very pleased that this difficult situation has ended positively for both us and the player.”

There was speculation recently that the Carolina Hurricanes were interested in signing McLeod. That news created immediate backlash from Hurricanes fans, including a petition urging the team to reconsider signing McLeod that had over 1,700 signatures. A deal with McLeod and Carolina never materialized.

McLeod was drafted 12th overall in 2016 by the Devils and had 85 points in 287 career games. He was one of the team’s top defensive forwards when he and Foote were granted “indefinite leaves of absences from the team” on Jan. 24, 2024. The players were charged with sexual assault in the following month.

Of the remaining Hockey Canada players who are unsigned, multiple reports have linked Hart, a former Philadelphia Flyers goaltender, with the Vegas Golden Knights.

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Greenwell, 2-time All-Star for Red Sox, dies at 62

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Greenwell, 2-time All-Star for Red Sox, dies at 62

BOSTON — Mike Greenwell, an outfielder who played 12 seasons with the Boston Red Sox and finished second in the 1988 American League MVP voting, died Thursday, his wife said. He was 62.

The Boston Globe reported in mid-August that Greenwell had medullary thyroid cancer. Tracy Greenwell told WINK, a radio station in Lee County, Florida, that her husband died in Boston.

“With a heavy heart, I lost my best friend today,” Tracy Greenwell wrote on social media. “It was Mike’s time to be an angel. At 10:30 a.m. in Boston’s General Hospital. We are forever grateful for the life he has given us.”

Lee County Manager Bruce Harner also announced Greenwell’s death on the county government’s social media account. Florida Gov. Ron DeSantis appointed Greenwell to the county commission in 2022, and he was reelected to the post in 2024.

“It is with deep sadness that we announce the passing of Commissioner Mike Greenwell, a lifelong Lee County resident,” the post read. “He was a strong advocate for the people and businesses of Lee County and will be remembered for seeking meaningful solutions to the challenges his community faced. We extend our heartfelt condolences to his family, friends and all who were touched by his leadership.”

“The Gator” was better known for his baseball exploits than his political career.

Born in Louisville, Kentucky, Greenwell spent most of his childhood in Florida and played baseball and football at North Fort Myers High School.

Greenwell played his entire major league career for Boston, making two All-Star appearances, winning the 1988 Silver Slugger Award and finishing second in that year’s MVP voting to Oakland Athletics outfielder Jose Canseco. Greenwell was inducted into the Red Sox Hall of Fame in 2008.

He made his big league debut in 1985 and appeared in 31 games on the 1986 American League champions, who lost 4-3 to the New York Mets in a World Series filled with heartbreak for the Red Sox.

In 1987, Greenwell emerged as Boston’s full-time left fielder, taking over the position previously occupied by three MVPs — Ted Williams, Carl Yastrzemski and Jim Rice — who would later become Hall of Famers.

Although he fell short of those luminaries, the left-handed-hitting Greenwell had a solid career, finishing with a lifetime batting average of .303, 130 home runs, 726 RBIs and 80 stolen bases.

“He was a great teammate and an even better person,” right-handed pitcher Bob Stanley said. “He had big shoes to fill in left field, and he did a damn good job. He played hard and never forgot where he came from — Fort Myers. Just a great guy. We’ll all miss him.”

His best season came in 1988, when he batted .325 with 22 homers, 119 RBIs and 16 stolen bases and hit for the cycle in a September game. Greenwell also delivered a then-AL record 23 game-winning RBIs, a statistic that is no longer recognized by Major League Baseball, and he drove in all of Boston’s runs in a late-season 9-6 victory over Seattle.

That put him in the MVP mix. When Canseco later acknowledged he was using steroids that season, Greenwell asked, “Where’s my MVP?”

Greenwell earned his nickname for a spring training incident in which he captured an alligator, taped its mouth shut and put it in a teammate’s locker in Florida.

He played an abbreviated final season in Japan, retiring suddenly after just seven games because of a fractured right foot he suffered on a foul ball.

After his playing career, Greenwell moved into auto racing. He began competing in late-model stock cars in 2000 and made two starts in NASCAR’s Truck Series in 2006. He retired in 2010.

“You always wanted to be around him — I truly enjoyed my time with him,” former Boston outfielder Dwight Evans said. “He was a gamer in every sense of the word, and he will be deeply missed.”

Greenwell is survived by his wife and two sons, Bo and Garrett.

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