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:

If you liked this article you might like

Ray Dalio Also Thinks AI Will Be a Killer Just Like Tesla's Elon Musk Does

Toys 'R' Us Bankruptcy Filing a Reminder That Amazon Is Crushing Everyone

Global Stock Markets Have Lost Their Minds and It's Becoming Pretty Disturbing

On National Cheeseburger Day We Remember the Most Humongous Burgers We Ever Ate