Donald Trump to Repeal Joe Biden's AI Executive Order on January 20th?

This will open the floodgates! Once Donald Trump takes this decisive action, it will ignite a second wave of euphoria in AI stocks. And one company -- founded by Elon Musk, Trump's right-hand man and most trustworthy advisor -- is in the prime position to profit. (Hint: It's NOT Tesla).

Top 2 Defensive Stocks That May Crash In Q1

Avi Kapoor
January 06, 2025

As of Jan. 6, 2025, two stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

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, according to Benzinga Pro.

Here's the latest list of major overbought players in this sector.

Oil-Dri Corporation of America (NYSE:ODC)

  • On Dec. 9, Oil-Dri reported a year-over-year increase in first-quarter financial results. Daniel S. Jaffee, President and Chief Executive Officer, stated, “I am happy to report that our fiscal year 2025 is off to a very positive start as we have once again achieved record results for consolidated net sales, gross profit, and net income in the first quarter." The company's stock surged around 29% over the past month and has a 52-week high of $93.00.
  • RSI Value: 91.8                                
  • ODC Price Action: Shares of Oil-Dri Corporation of America fell 48.9% to close at $43.78 on Friday.

LifeVantage Corp (NASDAQ:LFVN)

  • On Dec. 19, Lake Street initiated coverage on the stock with a Buy rating and announced a price target of $26. The company's stock gained around 22% over the past month and has a 52-week high of $19.06.
  • RSI Value: 70.4
  • LFVN Price Action: Shares of LifeVantage gained 0.7% to close at $17.79 on Friday.

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