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The Dog Days of Summer Commence in August

Released on Thursday, June 9, 2022STOCKS
I hate August, not because of the weather, but because Europe and Wall Street go on vacation, so many stocks are adrift on light trading volume. This seasonal weakness also tends to persist well into September. If I ran the stock market, I would close it every August. Since I like long-term capital gains, I am forced to stay invested in August. If I decide to sell, I only sell into strength. The last "flash crash" occurred in August 2015 and I will explain how some unfortunate investors got fleeced up to 35% in just one day! The bottom line is you have to wait to trade in August and I will show investors what I believe my most defensive stock that should be resilient in August.

Louis Navellier
Growth Investor, Breakthrough Stocks, & Accelerated Profits, Editor

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