About Simit Patel
Simit Patel is a software developer and trader who has worked in financial markets since 2002. He has enjoyed success working in organizations spanning the investment field from equity research to foreign exchange trading to education to news coverage of financial markets.
In his personal trading, he relies on a top-down, macroeconomic investing approach coupled with price action technical analysis to find more winning trades. He lives in Indiana with his wife and three kids.
Recent Articles By Simit Patel
If a Bull Market in Uranium is Coming, You'll Want to Know About UEC, CCJ, and NXE
The uranium sector has gotten interest as a potential area where a countercyclical bull market may emerge. Here we look at the financials of some of the most prominent North American uranium stocks.
Big Tech Layoffs Continue -- But Apple Looks the Strongest
All of Big Tech is rallying at the moment, and all have laid off employees. This article takes a look at why Apple might be the strongest player of the bunch.
Price Rallying, But Brand Assault Continues for Paypal as Cyberattack Reveals Customer Information
Paypal's recent hack is the latest event to tarnish its brand. Nonetheless, its revenue continues to grow.
Amazon's RxPass Will Help It Tap Into the Pharmaceutical Market as It Seeks to Grow Revenue Beyond 500 Billion
Amazon is adding generic medications to the list of goods and services it offers. How will that impact its revenue and share price?
Spotify Lays Off 6% of Staff As Gross Margins Slump and ROIC Turns Negative
Recessions shine a light on weak companies, and SPOT may be serving as a reminder of that principle today.
SPY Jumps Above 200 Day Moving Average, Getting Bulls Excited
SPY has crossed above its 200 day moving average -- is a bull market ready to resume? We take a look at the fundamentals and price action behind AAPL and TSLA, two mega cap stocks that impact the S&P 500.
Salesforce Announces Layoffs, Gets Mocked by Burry -- But Still Looks Better Than its Rivals
CRM is laying off people and closing its offices, but it's still far ahead of its competitors in many ways.
Amazon Announces Layoffs, Internet Speculates of a Bezos Return
A look at the recent news surrounding Amazon, and an analysis of its sales metrics.
Investing Champion Leif Soreide Notes Biotech Stocks May Be Countercyclical
Biotech stocks can often be countercyclical, according to some market experts. We explore some biotech opportunities in this article.