I don’t think so. I’m always a bit leery of August and September because of the historical tendency for the stock market to struggle during the late summer season. Throughout the current 6+ year bull market, the Aug-Sept period has racked up gains four out of six times. But since the turn of the century, we’ve seen four separate 8%+ selloffs in this late summer bearish period, with the most recent being 2011. So are we setting up for another late summer swoon? Well, one of the key ingredients in any bull market is leadership from aggressive areas of the market.