Top 2 Consumer Stocks That May Collapse In Q4

Core Insights - Two stocks in the consumer discretionary sector are showing signs of being overbought, which may concern momentum-focused investors [1] Group 1: Trip.com Group Ltd (TCOM) - Trip.com Group reported better-than-expected quarterly earnings on August 26, 2024, driven by strong travel demand, particularly for cross-border travel [2] - The company's stock increased approximately 36% over the past month, reaching a 52-week high of $67.02 [2] - The RSI value for Trip.com is 77.46, indicating it is overbought, while its shares fell 3.4% to close at $64.63 [2] Group 2: TAL Education Group (TAL) - TAL Education Group is set to announce its second quarter financial results for fiscal year 2025 on October 24, 2024 [3] - The stock has gained around 44% over the past month, with a 52-week high of $15.52 [3] - The RSI value for TAL is 70.91, also indicating it is overbought, and its shares fell 3.5% to close at $11.39 [3]