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In this episode of Stocks In Translation, Yahoo Finance's markets and data editor Jared Blikre and producer Sydnee Fried chat with Jay Woods, Freedom Capital Markets chief global strategist. Woods shares his perspective on the market’s resiliency during a typically slow period, which has been further impacted by recent volatility around the globe.

The conversation then shifts to market rotation—when money moves from one sector or industry to another. “Rotation is the lifeblood of a bull market,” adds Woods. “This rotational trade is just showing you the strength of this market because you want to see all stocks participate… This, to me, is the most positive thing we’ve seen in the market in some time.

Woods also weighs in on whether small or large caps will lead the market into the year-end. “I think it's [going to] be large caps because I think technology's going to catch a bid.” However, Woods isn't totally out on small caps, “Will small caps… join the party a little bit? We saw last year, October 27th to December 23rd, small caps gained over 20%, in that time period. So when they moved, they moved quickly.”

Twice a week, Stocks In Translation cuts through the market mayhem, noisy numbers and hyperbole to give you the information you need to make the right trade for your portfolio. You can find more episodes here, or watch on your favorite streaming service.

This post was written by John Tejada.