As you might expect, September is also the worst month for the Dow and Nasdaq.
With a potentially terrible September only days away, what should you do?
Pro trader Steve Grasso recommends looking at single stocks - but not just single stocks that are currently performing well.
Grasso says, look at stocks that have an inverse relationship with the S&P - that is scour the market for stocks that historically make gains in September.
Unlike the S&P, "Seasonally September for Amazon has been very good," says Grasso. "That’s the way I'd play it. But, considering the valuations I’d make my bests with calls to limit upside risk."
Find out how the other Fast Money traders are getting ready for September in the video above.
Posted by CNBC's Lee Brodie
Read More from Fast Money:
> Fast Money’s Favorite Dividend Yielders
> Top Secrets of Pro Traders
> 10 Top Stocks for the Long-Term Investor
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CNBC.com with wires.