- Pip Munch
- Posts
- š Are We Back?
š Are We Back?

Tired of waiting weeks for your payout?
Lark Funding gets you paid fast. Under 6 hours, on average. No delays. No fluff. Just raw spreads, fast payouts, and up to 90% splits.

āļø GM Munchers!
On todayās menu:
š Markets Rip Thanks To Trump & Musk
š§ The Trader Who Made $2M Betting 'No'
š§ Are We in a Recession? Depends Who You Ask.
šØš Switzerland Buys Bitcoin
𤯠Warren Buffett now owns 4.6% of the entire US Treasury Bill market.
BREAKING NEWS
š Markets Ripped After Trump + Musk Tried to Calm Everyone Down

The market was down bad on Monday. So yesterday, the Trump admin basically said: āOur bad.ā
And just like that, we got a full 180.
Dow: +2.66% š
S&P 500: +2.51% š
Nasdaq: +2.71% š
The S&P closed at 5,287.76, snapping a nasty losing streak and recovering most of Mondayās wipeout.


š§¢ Trump: āIām not firing Powellā
After nuking market confidence by calling Powell a āmajor loserā and flirting with firing him, Trump reversed course:
āNo intention of firing him. Never did.ā
Translation: please stop selling.
That was enough to get algos and traders breathing againāPowellās job (and the Fedās independence) appear safe for now.

šØš³ Bessent: āDe-escalationā with China is coming
Treasury Secretary Scott Bessent told investors he expects a āde-escalationā in Trumpās trade war with China.
No deal was announced, but the vibes were good enough to send the Dow up 1,100 points intraday.
Even better? The White House said there are 18 trade deal proposals āon paper.ā
No details⦠but hey, paperās better than nothing.
BREAKING: The White House says there are 18 proposals on paper for trade deals.
ā The Kobeissi Letter (@KobeissiLetter)
5:25 PM ⢠Apr 22, 2025
China-related ETFs jumped ~3% on the news.

š Elon: āIāll be spending less time at DOGE HQā
Even though Teslaās earnings were a full-blown disaster (revenue down 20%, profit down over 70% 𤯠), the stock still climbed 4% yesterday.

Because apparently, bad news is good news again.
Part of the rally came after Musk promised to spend āsignificantlyā less time in D.C. lobbying and Tweeting from the Oval Office.
In other words, he's going back to the factory. Probably.

š” Trader takeaway
This wasnāt a fundamentals rallyāit was a PR rally.
No rate cut. No trade deal. Just damage control.
But hey, weāll take it. In this market, sometimes thatās all it takes to turn the tide.
BROUGHT TO YOU BY
The Fastest Payouts In The IndustryāSince 2022
Since 2022, Lark Funding has built a reputation on one thing: speed.
They process payouts in under 6 hours on averageāeven on weekends. No long waits. No excuses.
Choose from 1-step, 2-step, 3-step, or Instant challenges. Up to $600K funding. 90% splits.
When youāre ready to trade fast, scale fast, and get paid fastāthereās only one prop firm to call.
š larkfunding.com
SUCCESS STORIES
š§ The Trader Who Made $2M Betting 'No'
> Bets 'NO' on almost everything happening
> Over $2 million in profits
Maybe this guy is onto something??
ā Polymarket (@Polymarket)
8:10 PM ⢠Apr 14, 2025
Most people dream of winning big by betting on wild stuff happening.
Not this guy.
Meet JustPunched ā a Polymarket trader whoās made $2.1 million doing the opposite: Betting āNoā on everything.
Will Trump pardon Hunter Biden?
No.
Will Diddy get declassified?
No.
Will Giannis win MVP?
Still no.
Will aliens show up and make a podcast?
Big fat no.
Heās placed over 6,700 bets and has one of the most consistent edges in prediction markets.
His strategy? Simple:
Fade the noise.

š¤ Why Saying āNoā Pays
Most people overestimate the odds of rare things happening ā especially in politics, crypto, and financial Twitter.
That creates opportunity.
The edge isnāt in betting against events.
Itās in betting against human nature.
The world loves hype.
The headlines scream āhistoric,ā āunprecedented,ā āinevitable.ā
But most things? They fizzle. They get delayed. They donāt happen.
āJustPunchedā figured out that in chaotic environments, the smart bet is often no bet at all ā or even better, a bet against.

š Traders, Take Note:
This is the same psychology that drives bad trades:
FOMOing into a āguaranteedā breakout
Buying news thatās already priced in
Betting on the possibility instead of the probability
Want to trade like a pro?
Be the guy who shrugs at the headlines.
Bet less. Bet smarter. And sometimes, bet against the noise.
Turns out, āNoā might be the most profitable word in trading.
MARKET ANALYSIS
š§ Are We in a Recession? Depends Who You Ask

The marketās acting like it just Googled āAm I sick?ā and now thinks itās dying. But is the economy actually crashingāor just a little bloated?
Here are 5 signals sending very mixed messages:

1. šŖ¦ Death Cross Alert
The S&P 500 just printed a death cross (50-day moving average crossing below the 200-day).
The S&P 500 has formed a "death cross" for the first time since 2022.
ā Brew Markets (@brewmarkets)
1:36 PM ⢠Apr 16, 2025
Historically, itās a spooky signal.
But in reality?
Since 1940, stocks on average rise +6.3% over the next 12 months after a death cross.
Not exactly apocalyptic. More like a bad Tinder dateāawkward but survivable.

2. š„ Copper-to-Gold Ratio: Screaming Recession
Another recession signal has arrived:
The copper-to-gold ratio has dropped to its lowest level in at least 40 years.
This ratio has halved over the last 3 years.
The decline has accelerated over the last month as gold prices have risen +9% while copper prices have plummeted
ā The Kobeissi Letter (@KobeissiLetter)
1:07 PM ⢠Apr 22, 2025
This ratio just hit its lowest level in 40+ years.
Gold is up +9% in the last month. Copper? Down -8%.
That combo has historically signaled weakening global growthāthe last two times this crashed? 2008 and 2020. Yikes.

3. š¼ Unemployment: Holding Up... In the US
US unemployment is at 4.2%ānot great, but not bad either.
Compare that to Canada, where it's up to 6.7%, and you can see why CAD is having a rough time.
The labor market isnāt falling apart⦠yet.

4. š Foreign Investors Are Dipping
Foreigners just pulled $5B from US corporate bondsāthe biggest exodus since April 2020.
Itās a sign of declining confidence in the US economy.
And when global capital gets nervous, risk assets usually feel the heat.

5. š Stocks Are... Actually Fine?
Despite all the drama, the S&P 500 is only down 9% this year.
Not great, but hardly a disaster. For context: during COVID, it dropped 34% in a month.


So Whatās the Trade?
Right now, markets are torn between āthis is the topā and āthis is the dip.ā
Signals like copper and bond outflows suggest the global economy is weakening.
But unemployment and stock performance arenāt confirming doom just yet.
At Pip Munch?
Weāre keeping a close eye on the dollar and gold. If weāre really heading for recession, those two will tell you faster than any economist will.
PROP FIRMS
š¤ Wednesday Motivation
Just requested my first ever 5 figure payout!! The biggest milestone in my trading career!!
The years of suffering I had to endure to get to this point, the debt I went into, the lonely nights locked in my room just backtesting, the mental breakdowns, the countless failed evals,
ā RyanK (@TraderRyanK)
5:54 AM ⢠Apr 22, 2025
š Pre-Market Fuel
šŖ Munchy Memes
"Mom, why are we so rich?"
"Because daddy diamond-handed through tariff wars"
ā Lark Davis (@TheCryptoLark)
9:31 PM ⢠Apr 17, 2025
My portfolio My portfolio
in 2024: in 2025:ā Not Jerome Powell (@alifarhat79)
12:44 PM ⢠Apr 15, 2025
"they're called collateralized coachella obligations"
ā Dip Wheeler (@DipWheeler)
5:01 AM ⢠Apr 15, 2025
What do you think of today's edition? |
Share Pip Munch
Chances are you have some trading friends. Why donāt you be a pal, share Pip Munch and earn some goodies for it?
You currently have 0 referrals, only 1 away from receiving The Trading Plan That Helped Me Pass 4 $100,000 FTMO Challenges.
Or copy and paste this link to others: https://pipmunch.com/subscribe?ref=PLACEHOLDER