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Input: "It doesn't matter what the causes are " said  Art Hogan   managing director and chief market strategist at B. Riley Financial  a financial service company. "You've got some great buying opportunities " he told CNBC.
"We're selling everything because we're so concentrated in our ownership of stocks and ETFs that we're creating dislocations that are going to be massive opportunity for active managers and stock pickers "  Hogan  said.
Increased volatility  or uncertainty in the size and direction of market changes  is good for banks   Hogan  said Thursday during "Power Lunch." Add that to rising interest rates and net interest margins and what  Hogan  called a "lighter regulatory touch" and financials are a bargain.
"They're being sold like there is no economy or no economic growth going on "  Hogan  said. "They're being thrown out with the bath water."

As Dow plunges some investors get their buy lists ready