August is a tricky month for stocks.

Remember the U.S. credit rating downgrade in 2011? The sharp declines in 2013 and the flash crash on 2015?

Stocks are long overdue for a correction but even if a pullback comes this month, there's no need to make any major changes to your strategy, according to Alex Kenjeev, president of O'Leary Ventures.

He said the longer-term picture warrants higher stock prices including better than expected earnings and job growth.

Meanwhile, here's what one of TheStreet's top columnists had to say about a market correction

More of What's Trending on TheStreet:

More from Opinion

Flashback Friday: Bye Bye FAANG

Flashback Friday: Bye Bye FAANG

Micron Slumps After Issuing Light Guidance: 7 Key Takeaways

Micron Slumps After Issuing Light Guidance: 7 Key Takeaways

Throwback Thursday: Let's Talk Tilray

Throwback Thursday: Let's Talk Tilray

Amazon's Reported Plans to Greatly Expand Its Cashier-Free Stores: 5 Takeaways

Amazon's Reported Plans to Greatly Expand Its Cashier-Free Stores: 5 Takeaways

Nvidia's iPhone-Like Strategy for Growing Graphics Chip Sales Could Pay Off

Nvidia's iPhone-Like Strategy for Growing Graphics Chip Sales Could Pay Off