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Katherine Ross: As an average investor, how do I find value in a market rotation?

Art Hogan: Well, what'd you want to do is see what hasn't performed and I think a lot of that was happening last week. People were really sharpening their pencils and saying, hey, what's been ignored for most of this year? Energy certainly fell into that category. Financials because of the low interest rates. We're in that category. Most of healthcare because it's an election cycle that we're in and we're concerned that there's going to be some pressure on drug pricing and reimbursement for health care in general. Industrials, a lot of the industrial complex hadn't really done well and the reason for that is when you think about a slowing economy, whether domestically or globally, you say to yourself, well, with low interest rates I should probably have some dividend protection and we should also own those stocks that will do well regardless of how fast the GDP growth is. And that tends to be those brand leaders and the very popular household name. When the yield on the 10 year started creeping up, people start thinking maybe the solidarity economies over down, maybe that trade is behind so people really started looking at what hadn't performed well this year. And it's interesting when you look at the S and P 500 last week before the rotation started, but 200 stocks are trading 10% below their all time highs when the S andP 500 itself as an index was less than a percentage point. So there's a lot of things to pick through and a lot for investors to find value in.

If you are an investor you may want to know how to find value in a market rotation.

Well, TheStreet's got you covered.

Katherine Ross sits down with Art Hogan, National Securities Chief Market Strategist, to dig into that deeper.

"Well, what'd you want to do is see what hasn't performed and I think a lot of that was happening last week. People were really sharpening their pencils and saying, "Hey, what's been ignored for most of this year?" Energy certainly fell into that category. Financials because of the low interest rates. We're in that category. Most of healthcare because it's an election cycle that we're in and we're concerned that there's going to be some pressure on drug pricing and reimbursement for health care in general," Hogan said.

To hear which other sectors Hogan mentions, watch the video above.

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