(CNBC) It’s the countdown to the second-quarter earnings season. The big banks dominate the calendar in coming days, with JPMorgan, Goldman Sachs, Citigroup and Bank of America all reporting on their recent quarter. Sam Stovall, chief investment strategist at CFRA Research, said investors should brace themselves — this one will be a doozy. “I think what we’re going to be seeing is the second-best year-on-year quarterly gain in the last 25 years.
Watch out for this pitfall heading into the second-quarter earnings season, says CFRA Research
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