- Pip Munch
- Posts
- 📉 Full Comeback?
📉 Full Comeback?
Pip Munch
November 25, 2025
Trading is volatile, your income shouldn't be. Lark Funding just launched the industry's first monthly salary—paid even during drawdown.
☕️ GM Munchers! This is Pip Munch, the daily trading newsletter that you read on the toilet while hiding your P&L from your spouse.
On today’s menu:
📉 Big Rally. Big Deals. Big Tech.
😂 Michael Burry Is Now… a Newsletter Guy
🤑 Tesla Goes $420 Mode & Meta Gets Green
✅ Bill Ackman’s Investment Principles
🤯 This Is How much Cash Buffett Has Right Now
Yesterday’s numbers:
S&P 500 | 6,705 | +1.55% |
Nasdaq | 22,872 | +2.69% |
Dow Jones | 46,448 | +0.44% |
Bitcoin | $88,900 | +2.49% |
BREAKING NEWS
📈 The Market’s Bipolar Breakthrough
Here’s the deal: yesterday the market came roaring back to life like it just remembered its ex is watching. Two things fueled the comeback:
The odds of a December rate cut ripped to 75%.
Google pumped over 6%, adding more than $200 billion in market cap on its own.
Google is now the third largest company in the world, and when a $3.6T giant jumps like that, the whole S&P gets dragged up with it.
Even Goldman Sachs expects a cut in December, followed by two more cuts in March and June 2026.
Translation: cheap money is back on the menu, which boosts corporate borrowing, investment, and consumer spending.
Why markets care:
More rate cuts = more risk-taking. AI names, tech, semis — all get tailwinds.
The Munch Take:
If these rate-cut odds hold, this risk-on sprint might stick around. But keep your helmet on — sentiment is still fragile enough to flip on a single bad headline.
🇺🇸🇨🇳 Trump & Xi: The “Very Good Call”
Trump said he had a “very good call” with China’s President Xi and will be heading to Beijing in April. Xi will also be coming to the US, and both sides agreed to “communicate often.”
No details on what they discussed… but traders don’t need the details. All they heard was: risk-on, trade thaw, and the possibility of serious deal-making.
Why markets care:
Better US–China vibes =
Less tariff overhang
Easier supply chains
Stronger commodity demand
Less uncertainty for global equities
Trade peace is basically steroids for risk assets.
The Munch Take:
The market is pricing in optimism — but don’t assume smooth sailing. China headlines can swing markets faster than my wife swings between “let’s save money” and “I ordered something.”
🏗️ Amazon’s $50 Billion AI Flex
Amazon announced it’s ready to drop up to $50 billion to build AI infrastructure for U.S. government agencies. The project will add 1.3 gigawatts of new data-center capacity and is set to begin in 2026.
The stock climbed more than 2.5% on the news.
Why markets care:
This cements Amazon as a central player in U.S. AI infrastructure but also signals that the government is ready to drop mega dollars to keep the AI boom alive.
The Munch Take:
When a mega-cap spends $50B on AI for the government, you don’t fade it. But Amazon’s stock has had a rough year, up less than 3% so while the headline is nice, deeper stuff is brewing below the surface.
BROUGHT TO YOU BY
Fail Once. Try Again for Free.
Thinking about your first prop firm challenge? Don't do it without a safety net.
Lark Funding 3.0 just changed the game:
🔄 Buy 1, Get 2 Tries: Flunk the first one? The second one is on the house.
💸 Get Paid: Earn up to $1,000/month salary plus your split.
📉 7% Max Drawdown: The most breathing room in the industry.
🚫 No Consistency Rules: Trade how you want, when you want.
It’s the smartest way to get funded in 2025.
BIG PICTURE
😂 Michael Burry Is Now… a Newsletter Guy
You know alpha is hard to find when Michael Burry shuts down his hedge fund to sell a $379/year newsletter. I haven't seen a pivot this hard since I tried to convince my wife my crypto losses were "strategic tax harvesting."
What Happened
Burry officially deregistered his fund to launch a Substack called “Cassandra Unchained.”
The Price: A cool $379 annually.
The Target: He’s declaring war on the AI bubble, specifically aiming at Nvidia and Palantir.
Why Markets Care
Burry is calling cap on the "Soft Landing." He claims Powell saying AI companies are "profitable" sounds exactly like Greenspan saying housing was "fine" in 2005.
He also reminded everyone he was publicly short Amazon back in Feb 2000.
Translation? He thinks the AI party is over, the cops are here, and the music is about to stop.
What Traders Should Watch
Tech Volatility: If the "AI is a bubble" narrative catches fire, things could get ugly.
The "Greenspan" Indicator: Watch if macro data starts contradicting the Fed's optimism. If Powell is wrong, Burry’s victory lap is going to be insufferable.
The Munch Take:
Burry wrote, “I doubted if I ever should come back. I’m back.” Ideally, I’d like him back without crashing my portfolio, but we can't have everything.
MARKET OVERVIEW
🍿 Tasty Movers & Shakers
$NVO
Novo Nordisk slid 5% after their Alzheimer’s trial—which they literally called a “lottery ticket”—turned out to be a losing scratch-off. They hoped the active ingredient in Ozempic could slow the disease. Narrator: It could not. The stock is now at a 4-year low. Down bad.
Anthropic
Fresh off a massive $350B valuation, they just dropped Claude Opus 4.5. It specializes in coding and is their third major launch in two months. They are shipping product updates faster than I ship "emergency deposits" to my margin account.
$TSLA
In the least surprising news of the century, Tesla hit $420 yesterday. The stock now sports a P/E ratio of 280, which is objectively disgusting. To celebrate the meme number, Twitter was flooded with Elon’s ancient 2018 "funding secured" tweet. Time is a flat circle.
$META
Meta woke up and chose violence (upside), climbing 3.5% and finally turning green for 2025. It’s been a flat year largely because Zuck burns CapEx like my wife during the annual Sephora sale, but hey, gains are gains. It’s still way off its ATH—dip buy or knife catch? You tell me.
🚀 Pre-Market Fuel
What do you think of today's edition? |
Share Pip Munch
Chances are you have some trading friends. Why don’t 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