"I think you’ll see a directional turn," Whitney said in a live interview. "Banks will make a little money, as little as a penny a share, but they won’t lose money."

"Lay off on shorts, and don’t buy into selloffs," Whitney said. "The fundamentals are not getting any better but capital ratios should get better."

"Home prices cannot bottom while liquidity is still contracting from the economy," she said. She did say that large banks should benefit from low mortgage rates and refinancing.

http://www.cnbc.com/id/30073339