When we spoke last weekend, I mentioned that earnings – not the poor jobs report – would be the number one driver of volatility in the financial sector.
Now Citigroup, JPMorgan, and Wells Fargo just kicked off earnings for the big banks by beating expectations.
But as I told CNBC yesterday, here’s why you should stay away from one of them…
Thanks to steadily declining sales, luxury designer, Michael Kors, has been working hard to rebrand itself. But in an exclusive interview with CNBC, Tom Gentile explains why it’s too late – and gives you three reasons to stay away from the stock.
Click here to watch.