![]() ![]() (AMZN) both report this week, and all eyes will be on these tech titans for clues about the mood among US consumers. That means the dwindling number of traders who remain must take extra care in a such a potentially volatile environment. It’s chock full of economic data, a key conference and big corporate reports. On average, August has been the worst performing month for stocks since 1986, according to Morningstar.Īnd this August may be choppier than usual because it’s particularly busy for late summer. This reduced activity can lead to increased volatility. That’s largely because so many investors take vacations and there are decreased trading volumes. The well-known Wall Street adage says “ sell in May and go away” because the summer, and August in particular, marks a historically volatile period for the stock market. The last time the S&P 500 was on a winning streak this long was in 2021, when it was positive for seven months in a row - until August hit and ended the victory run. ![]() US markets just wrapped up a winning July, with the S&P 500 and Nasdaq both notching their fifth positive month in a row.īut August is here, and that often means trouble for markets.
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