Alex_Quiroga

Bank vs. Cryptocurrency #9 (SBCF)

Long
NASDAQ:SBCF   Seacoast Banking Corporation of Florida
The main reason I have for pick stocks in the Financial Sector is based in one very simple principle I find in the media right now
* Fed minutes: All signs pointing to more rate hikes ahead
www.cnbc.com/2018/02...ate-hikes-ahead.html
* Fed Minutes May Give Clues to 2018 Interest Rate Word Puzzle
www.bloomberg.com/ne...what-that-word-meant

And this make that bank shares become more attractive, for some type of investors, because there are less risk in they compared with Cryptocurrencies.
Do not think that the return of the investing is low, maybe is not too high compared with Bit-coin.
For example the last year this stock rise 20.85 % which does not make it a bad investing, and with less risk
Financial sector is bullish, you do not need to be an expert in technical analysis.
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