📈 GM Munchers! This is Pip Munch, your go-to trading newsletter, here to help you navigate the chaos and crush your trades.

It’s been a wild week in the markets. Gold is soaring, Bitcoin is bouncing back like a trader with revenge-trade energy, and the Fed is about to step into the spotlight.

Let’s break it all down.

On today’s menu:

• Gold Breaks Out & Bitcoin Bounces Back—Here’s What’s Next 🧵 

• How To Trade Like A Politician 😏

• Microstrategy Buys More Bitcoin 🤯 

Gold’s December Bullrun Is Back 🏆

December and gold go together like stop losses and bad trades—they just work.

Here’s why:

• December has been a strong month for gold for 15 years straight. That’s one of the most reliable seasonal trends in any market.

• After coming off its first negative month since June, gold is now back on track, trading near $2,650 as of late November and showing no signs of slowing down.

And here’s the kicker: gold’s long-term performance is insane. As of now, its 5-year return is a jaw-dropping +79.60%.

What does this mean for traders?

• Gold’s breakout reinforces its status as a safe haven, especially during uncertain times.

• The December bullrun trend is alive and well—so keep XAU/USD on your radar.

Bitcoin’s Wild Week 🤯

Now let’s talk about Bitcoin, aka the drama queen of the markets.

• On December 5, Bitcoin hit a historic $103,600, only to crash below $92,000 within hours—a brutal 10% drop.

• What caused it? Over $1 billion in liquidations, mostly from overleveraged long positions. Classic.

• The good news? Bitcoin bounced back above $96,000 almost immediately, proving there’s a mountain of buy orders waiting to scoop up every dip.

And then it happened again. 😭 

• On December 7, Bitcoin dropped below $94,000 before rebounding above $96,000—another wild ride.

• Trading volumes during these moves hit their highest levels since March, signaling massive activity from whales and institutional investors.

What’s the takeaway?

• The dips might look scary, but they’re also showing resilience. Bitcoin’s ability to bounce back so quickly is a sign of strong demand, even at these sky-high levels.

• Love it or hate it, Bitcoin’s volatility means opportunity—for those who know how to play it.

The Fed’s About to Shake Things Up 🏦

Mark your calendars: the Fed’s final meeting of 2024 is set for December 17-18. Here’s what’s on the table:

• There’s a 60% chance of a 25 basis point rate cut, according to the CME FedWatch Tool.

• This would follow the 25-point cut in November and the 50-point cut in September, continuing the year’s dovish trend.

Why does this matter?

• A rate cut could weaken the USD, which might fuel further rallies in assets like gold and Bitcoin.

• Lower borrowing costs could boost risk-on sentiment, pushing stocks and other risk assets even higher.

And don’t forget: the Fed’s decision drops at 2 PM ET on December 18, followed by a press conference.

Expect volatility—because when Powell talks, the markets listen.

What It All Means for Traders

1️⃣ December Gold Bullrun—We Called It 🏆

We’ve been talking about gold’s December bullrun for weeks, and it’s playing out perfectly. Go ahead, pat yourself on the back (we already did).

Seasonal trends like this are why we’ve been watching XAU/USD so closely. If you caught the breakout, congrats. If not, keep your eye on gold—opportunities are still out there.

2️⃣ Bitcoin = Market Sentiment 🚀

Bitcoin’s wild swings this week tell us one thing: the demand is strong. It’s bouncing back from every dip, and that’s a clear sign of risk-on appetite.

When Bitcoin’s moving up, stocks and other risk assets tend to follow. Watch how BTC’s resilience sets the tone for the rest of the market.

3️⃣ The Fed: One Last Show

The December 17-18 Fed meeting is the last big event of 2024. A rate cut could weaken the USD and create big moves in gold, Bitcoin, and currency pairs.

But after the meeting? Things will slow down as the market heads into holiday mode. This is your last shot to catch meaningful moves before 2025.

4️⃣ Wrap It Up and Prep for 2025

With the year almost over, focus on wrapping up strong.

Review what worked, refine your strategies, and get ready to crush it in the new year.

And don’t forget—there’s no shame in taking a break.

The Bottom Line

Gold’s shining, Bitcoin’s bouncing, and the Fed is about to take the stage.

After that, the year winds down. So trade smart, finish strong, and start planning for 2025.

Cheers,
Matt 📈

 How To Trade Like A Politician 😏 

I used to dream about being the next Michael Burry or Warren Buffett.

I mean, who wouldn’t? These guys are absolute legends.

But then I realized… there’s someone who might actually be better than both of them.

And here’s the kicker: it’s not even a guy.

That’s right—Nancy Pelosi.

Love her or hate her, she’s one of the greatest traders of all time. This year alone? She’s up 65%. 🤯

And now, DubApp is here to help you track and copy her trades—so you can trade like Nancy, too.

Here’s how investors are copying politician stock trades:

They’re doing it by copying politician trade-based portfolios on the Dub app. On Dub, you copy the trades of people, rather than trading individual stocks. All deposits are SIPC-insured up to $250k, not investment advice, read disclosures here.

Free Trial, $89 annually (iOS)

Not investment advice. Full disclosures here.

☕️ Pre-Market Fuel

1. MicroStrategy just won’t stop buying Bitcoin. They now own $41 billion worth. 🤯 

2. You’ll never look at money the same…

🍪 Munchy Memes

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