August is as bad on stocks and news as December during “The Holidays.” Nothing gets done during these times. The last week of August will be when things start. Meanwhile, those who understand this will take advantage. The rest will have to buck up.
That is exactly the case. Some may think there's no more buying power left on the retail side as well. I know there is on my end. Risk Vs. Reward. I have a nice long position though I am keeping some cash for the race as well.