Why the Next Stock Market Pullback Could Occur in October

There are a few factors brewing for a stock market pullback in October, according to Nick Colas, Co-Founder of DataTrek Research.
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There are a few factors brewing for a stock market pullback in October, according to Nick Colas, Co-Founder of DataTrek Research.

"October especially is a very choppy month and we have midterm elections to consider and whatever volatility surrounds that issue," Colas said, adding that while he expects a pullback, investors should be putting money to work regularly instead of trying to pick tops and bottoms in the market.

The S&P 500 hit a fresh record high on Monday.