From Investorplace:
Some months are trickier than others when it comes to our regular search for stocks to buy. August looks like it’s one of those tricky ones.
The dog days of summer are a traditionally quiet period for market performance. The S&P 500 historically generates a pedestrian price gain of 0.7% for the month — nothing particularly exciting.
But muted upside also lowers the bar for tactical outperformance.