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๐ Why Wall Street is ignoring the chaos

The SpaceX filing just reset every space stock valuation
Dear Investor,
When SpaceX filed for its IPO at $1.5 trillion, it didn't just set a price for one company.
It set a new valuation benchmark for the entire space sector.
Stocks that looked expensive last month could look like bargains next month โ measured against what SpaceX is about to command. Fund managers who've ignored space will scramble to build exposure. ETFs will rebalance. And the companies closest to SpaceX's value chain get repriced first.
Remember โ space stocks jumped 16% when this was still a rumor. Now it's official.
Best,
The Trading Tips Research Team

BREAKING NEWS
๐ S&P 500 Just Closed At Another All-Time High. Goldman Says 8,000 Is Coming.
The S&P 500 just closed at 7,563. A fresh all time high. Another one. Yes, weโre officially losing count.
If thatโs not bullish enough, Goldman Sachs just went and raised their year-end target for the index to 8,000. That's another 5.8% higher from where we already are right now. Goldman is essentially telling clients the rally isnโt done, the music is still playing, and the door is still open.
Here's what's wild. This is happening while inflation is running at 3.8%, gas is over $4.55 a gallon, oil is still over $90, Iran got bombed again last week, and consumer sentiment just hit a record low. And yet, none of it matters to the market right now. Stocks keep going up anyway.
Hereโs why theyโre so bullish:
Goldman's 8,000 target is built on three things. Strong corporate earnings. Continued AI spending. And the assumption that the Fed eventually cuts rates even if not this year. If any one of those breaks, the target probably gets revised lower.
The S&P 500 has now posted its best run since late 2023. Eight straight weeks of gains. Every dip is getting bought instantly. That kind of momentum is hard to stop without a major shock and right now no shock is sticking.
The biggest risk is probably not a huge crash. Itโs the market slowly getting tired. Inflation stays sticky. Rates stay high. Earnings disappoint. The market doesn't usually fall off a cliff. It just quietly stops going up, and that is harder to spot until you're already months into it.
The Munch Take: Goldman raised its target to 8,000 and we love how bullish they are. However, weโd love it even more if inflation werenโt so hot, if oil came down and if we got an end to the war. But for now, the market doesnโt seem to care. Weโre in pure momentum mode which is both the best and the most dangerous type of market to be in. Enjoy the green but keep some cash on the side. Donโt confuse a rising chart with a solved problem.
Millionaire warns: Move your money ASAP (Ad)
Dear Reader,
Move your money as soon as possible.
That is the urgent message from Larry Benedict, the trader who generated $274 million in profits for his clients.
You see, every time the Federal Reserve makes a major move, certain assets move with it, and if you're positioned correctly, the returns can be extraordinary.
When the Fed cut rates in 2020, Larry's readers had the chance to make 62% from a single position.
When it signaled rate hikes in January 2022, they could have made 117% in under a month.
When Fed Chair Jerome Powell spoke at Jackson Hole, Larry had his readers positioned for an 89% gain in just 17 days.
Now, President Trump is installing a new Fed chair and Larry says it's triggering what could be the most significant shift in the U.S. financial system in nearly 20 years.
He has already identified the single ticker he says will be at the center of where the money flows.
Best wishes,
Lauren Wingfield
Managing Editor, The Opportunistic Trader
P.S. If you want to be positioned ahead of what Larry is calling the best setup heโs seen in 20 years, click here now.
STOCK OF THE DAY
โ๏ธ Snowflake Just Had Its Best Day Ever. Nearly 40% In One Session.
Snowflake ($SNOW) just surged nearly 40% in a single trading day. That's not a typo. The stock erased an entire year of losses in one session after exceeding earnings expectations and announcing a massive $6 billion deal with Amazon AWS.
The numbers were strong. Revenue jumped 33% year over year to $1.39 billion, beating expectations of $1.32 billion. Earnings came in at $0.39 per share against expectations of $0.32. Every metric Wall Street cares about came in better than expected.
But the real driver was the AWS deal. $6 billion over five years. The deal locks Snowflake into Amazon's AI buildout. Snowflake isn't an AI company. It's the data infrastructure that AI runs on. That distinction just became extremely valuable.

๐ The Bull Case:
Revenue growing 33% with a $6 billion long-term contract locked in from one of the biggest cloud providers on earth is exactly the kind of setup that turns a forgotten stock into a winner. The visibility is enormous.
Snowflake had been down 20% in 2026 before this move. The expectations going into earnings were rock bottom. Now the story has completely flipped and the stock has fresh momentum behind it for the first time in over a year.
Every AI company needs data. Snowflake organizes data. As AI spending continues to grow across the industry, the demand for the company's services should grow right alongside it.
๐ The Bear Case:
The stock just moved 40% in a single day. That kind of explosive move often gets sold into by traders taking profits. The momentum is real but so is the temptation to lock in gains.
Snowflake still trades at a premium valuation even after this rally. A lot of future growth is now priced in and any disappointment in the next few quarters could send the stock back down quickly.
The AWS deal is fantastic news but it also creates a heavy reliance on a single customer. When one partnership accounts for that much of your forward revenue, the relationship becomes a risk as much as it is a strength.
The Munch Take: Snowflake just had the best day of its entire existence and wiped out a year of losses in a single session. That's the kind of move that makes traders feel like geniuses and latecomers feel sick. The business really is better today than it was last week. The AWS deal is real. The earnings are real. But the stock moved 40% in one day and most of the easy upside is now baked in. Whether this is the start of a new bull run or a one-day spike that fades is a question nobody can answer right now. My wife asked if we should buy Snowflake. I said it just went up 40% in a day. She said "so itโs working?" That is either the best argument I have ever heard or the worst. I genuinely cannot tell.
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