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

Amazon May Become a Theater Near You; Shaich Scoops Zoe's Kitchen -- ICYMI

Amazon May Become a Theater Near You; Shaich Scoops Zoe's Kitchen -- ICYMI

Trump Rants on Earnings Season After Complaints From Buffett, Dimon

Trump Rants on Earnings Season After Complaints From Buffett, Dimon

Dow Trades Higher, Nasdaq Regains Footing as Chipmakers Fall

Dow Trades Higher, Nasdaq Regains Footing as Chipmakers Fall

Here's Why Stock Picking Is Especially Important in the Retail Sector

Here's Why Stock Picking Is Especially Important in the Retail Sector

Tesla Has Lost 15% Since Musk's Take-Private Tweet

Tesla Has Lost 15% Since Musk's Take-Private Tweet