The stock market is off to a great start in August, with the S&P 500 up 1.6%, 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.

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