The stock market is off to a great start in August, but don't get too complacent. 

Historically, August is one of the most volatile months for the markets. The S&P 500 typically loses an average of 1% during August over the past two decades, according to analysis from LPL Research.

As the markets near a retest of the January highs, is it time to take some profits and free up fuel for a potential August pullback?

TheStreet's monthly trading strategies webinar is back on Thursday August, 9 with two experts ready to help.

Join us at 2pm Eastern as TheStreet's Scott Gamm hosts:

    • Kristina Hooper, chief global market strategist at Invesco
    • Real Money contributor Stephen Guilfoyle, Co-Manager of TheStreet's "Stocks Under $10" Portfolio

More from Markets

U.S. Steel Workers Set to Get Wage Hikes Amid Tariffs

U.S. Steel Workers Set to Get Wage Hikes Amid Tariffs

IBM Shares Fall Hard a Day After Disappointing Earnings

IBM Shares Fall Hard a Day After Disappointing Earnings

Constellation Brands CEO Stepping Down Just as Canada Legalizes Cannabis

Constellation Brands CEO Stepping Down Just as Canada Legalizes Cannabis

Dow Slips for Fifth Day in Seven, Led Lower by IBM, Home Depot

Dow Slips for Fifth Day in Seven, Led Lower by IBM, Home Depot

How a No Deal Brexit Would Impact U.K. Stocks

How a No Deal Brexit Would Impact U.K. Stocks