Dead Money

Former Real Estate Guy, now FT trader - trading so I can travel the 🌎 … I follow multiple services & will highlight the best alerts! Aloha! 🏄‍♂️ ✈️ 🏝️

[Dead Money @DeadMoney808]

Short Chicago 📉

[Yogi @Houseofyogi]

Chicago lost the Bears this week. A team that's been in the city since 1921.

They didn't lose them to a bigger market or a better deal. The Bears decided they'd rather be a tenant in Indiana than deal with Illinois for one more year.

Think about how badly you have to run a place for that to be the smart move.

They lost them for two reasons.

The people running Illinois would rather villainize a builder than keep one. And they're bad at their jobs.

In 2021 the Bears spent $197M on the old Arlington Park racetrack.

Before they could break ground, Cook County valued the empty lot at $192M (Bears said $60M). They were salivating at the chance to extort a building that didn't even exist yet.

That fight dragged on for years.

The Bears were ready to put $2B into the stadium. All they wanted was a promise the county wouldn't reassess them into oblivion, plus $855M for infrastructure everyone uses. Roads, transit, utilities. A $3B project, two thirds of it private money pouring into Illinois.

Springfield had since 2021 to get this done. They dragged it to the final night of session, passed it through the Senate at 3:39AM, and the House went home without voting.

So now it's all gone.

The funniest part? This started because Cook County tried to grab the tax early. They knew a built stadium would pay $53M a year. Now they get under $4M on a vacant lot. No jobs, no buildout, no new anything.

Congrats on fighting for scraps and losing the whole prize.

Pritzker: they're "an $8.5B valued business" that doesn't need propping up.

But be smart for a second. Almost every NFL city throws in public money for a stadium. Not charity. The return is real. Tourism, hotels, restaurants, jobs, game days, property tax on a huge development. The math works.

Indiana did the math. While Illinois sat on it for years, Indiana passed a bill in months, put up $1B, and took the team.

And the Bears took a worse deal to get there. In Illinois they were going to own their stadium. In Indiana they rent it from the state. A team that wanted to build its own home gave up ownership just to escape Chicago.

Nobody won but Indiana. The Bears lost their stadium. Illinois lost the team, the $2B, and $53M a year in taxes.

Pritzker after they left: "I wasn't willing to give up billions of dollars of taxpayer money to give it to a billionaire-owned family or team."

There it is. "Billionaire-owned."

That's how Democrats talk about any business right before they run it out of town. Call them a billionaire, act like you're saving working families, take a victory lap while the tax base drives across the state line.

Meanwhile they're running the whole state into the ground. And you already know how this ends. You're living in it.

Pensions are $143B in the hole, worst in the country and not close. You pay $6,285 a year in property taxes, double the $2,969 national average, for a city that's $1.15B in the red. The mayor called its finances "the point of no return."

When you run things this badly, you sell what's left.

They leased the parking meters for 75 years to Morgan Stanley and a sovereign wealth fund in Abu Dhabi. Took $1.15B and burned through it in two years. The investors already made it all back, with 58 years left to collect.

Sold the Skyway. Sold the downtown garages. Every asset that made money, gone for one check.

But a fixed property tax rate for a team that's been here 106 years? That's "propping up billionaires."

Companies are leaving. Boeing for Virginia. Caterpillar for Texas. Citadel for Miami. In 2023 alone Illinois lost 56,000 people and $6B in income to other states. The ones who left earned a third more than the ones who moved in.

Indiana didn't outbid anyone. AAA credit, 16 years straight. A $676M surplus. Fourth-lowest debt per person in the country. They just weren't a disaster.

Illinois could have collected $53M a year. It chose zero. Ignore all the bad management but make sure to stick it to those evil, pesky billionaires.

[C3 @C_3C_3]

There is literally nothing California could do to make their elections less secure.

Mail in ballots and No ID.

Weeks of counting with no real chain of custody.

The fraud is staggering.

It’s an insult to America.
It’s an insult to Americans.

[Dead Money @DeadMoney808]

If it walks like a duck …

Short $CALI 📉

[End Wokeness @EndWokeness]

Time to get election results:

🇧🇷 Brazil: 2 hours (124M ballots)
🇫🇷 France: 4 hours (34M ballots)
🇮🇳 India: 24 hours (640M ballots)
🇩🇪 Germany: 8 hours (51M ballots)
🇦🇷 Argentina: 6 hours (25M ballots)
🇺🇸 California: 37 DAYS (10M ballots)

[Dead Money @DeadMoney808]

@Barchart @grok - what are the top 10 markets with the greatest delta

[The Vigilant Fox 🦊 @VigilantFox]

Bill Maher asks how Mississippi is kicking California’s ass in education, and Texas is “blowing them away” in green energy for “way less money.”

“Did you know that a black fourth grader in Mississippi is two and a half times as likely to be proficient in math and reading as one in California? Mississippi is kicking our ass in education and for way less money. We’re 37th in fourth-grade reading, they’re ninth.”

“Texas is kicking our ass in green energy. The average time to get solar panels connected there is three to four months. About 1,000 days faster than it took me. Remember when I was trying to get my solar hooked up? It would have been quicker to build a windmill.”

“Texas has passed California in solar and blows away California when it comes to wind and energy storage. How does a state with no pro-climate policies produce better climate results than a state where here, even though we have so much better bumper stickers on our Priuses?”

“I’ll tell you why. Because you’re allowed to build there because every third person in Texas isn’t someone whose job it is to make sure nothing gets done.”

“Democrats, these are your issues: education, race, the environment.”

“And I say this with love: you’re losing to the Waffle House, car-on-the-lawn states.”

[Dead Money @DeadMoney808]

@XclusiveTrading @joinautopilot

[Dead Money @DeadMoney808]

$QCOM 👀

[Stock Pattern Pros/Tim @StockPatternPro]

$QCOM 320+

[Dead Money @DeadMoney808]

$SPY 👀

[Dead Money @DeadMoney808]

Wow … and I thought the flop master was LeFraud

This is why the NBA has become unwatchable.

[House of Lowlights @HouseLowlights]

Shai flopped on every single shot attempt.

[Dead Money @DeadMoney808]

👀

[Watcher.Guru @WatcherGuru]

In 2021, Nancy Pelosi was asked if Congress should be banned from trading stocks.

Her Response: "No… This is a free market."

While serving nearly 39 years in Congress with an average annual salary of $168,000, she increased her net worth to an estimated $280,000,000.

[Dead Money @DeadMoney808]

Short $CALI 📉

[Wall Street Apes @WallStreetApes]

Free taxpayer funded massages are being provided for the homeless on skid row in Los Angeles

A nonprofit called The Midnight Mission got $4,926,080 in government grants in just one year and heads to skid row to provide the homeless with massages and dancing

If you recall I also shared a video of construction workers who work near skid row saying there are people who come and setup foot massages for the homeless

California wants to make sure their multi-billion dollar homeless honeypot doesn’t just walk off and go somewhere else so they have to keep them happy on skid row

End all NGO funding. They shouldn’t even exist. Taxpayers should not be forced to pay for these programs

[Dead Money @DeadMoney808]

$QCOM 👀

[Paper Gains @PaperGainsInc]

You think you missed $QCOM? Think it ran too far too fast?

Bears had 5 straight days to break it below $200.
They couldn’t.
Haven’t you figured out why?

Next stop $230. New ATH. 10% move. Do I care? HELL NO.

The chart is ripping because the story changed.

The real trade is $QCOM to 400+ when the market stops valuing it like a cell phone chip maker.

$QCOM is no longer just a phone company.

A major hyperscaler just signed up for custom AI silicon.

First shipment: December. 7 months out.
“This particular engagement, which we are going to ship in December, is a custom product we are working with a hyperscaler.”

Management framed it as multi-generation.
Translation: years of custom silicon revenue. Not a one-off science project.

Data center revenue today? Basically zero.

Tomorrow?
“Success in this area presents to us a potential multibillion-dollar revenue opportunity in a couple of years.”

That is fresh multibillion-dollar revenue and TAM sitting inside a stock still priced like the old Qualcomm.

Not the new Qualcomm.

AI200 and AI250 launch in 2026 and 2027.

Rack-scale inference systems.

PCIe scale-up.

Ethernet scale-out.

Liquid-cooled.

Open AI framework support.

Built for existing data center infrastructure.

"With the ability to connect our custom processors to NVIDIA's rack-scale architecture, we're advancing our vision of high-performance, energy-efficient computing to the data center." QCOM CEO. Nvidia NVLink Fusion announcement.

That means QCOM custom processors can connect into Nvidia rack-scale AI architecture.

People still don't get it.

Phones were the base.

Data center revenue is the re-rate.

Same playbook the market eventually realized and rewarded in $MRVL once investors finally understood the custom silicon ramp.

Except $QCOM has something most custom silicon stories do not:

A massive install base.

Product matters.

Moat matters more.

"The install base is the single most important part of an architecture."
- Jensen Huang

Nvidia’s edge is not just the chip.

It is millions of developers already building on CUDA.

QCOM is running its own version of that playbook.

Their AI stack already lives across billions of devices.

Phones. Laptops. Cars.

AI200 is not some random science project.

It is the Snapdragon family scaled into the data center.

Same software DNA.

Same ecosystem.

Same edge AI footprint.

They did not spend a decade trying to build a developer base from scratch.

They already had one.

It was sitting in your pocket.

So no, I don't think $200 is late.

December starts the ramp.

$230 hasn't reclaimed yet

Old highs come next.

$300 when the street accepts the data center story.

$400+ when the multiple finally re-rates.

[Dead Money @DeadMoney808]

$SPY 👀

[Cheddar Flow @CheddarFlow]

This is highly unusual

Someone just added $5.8 MILLION worth of $SPY calls with an 800 strike

[Dead Money @DeadMoney808]

$ARGT

Added some $ARGT in the International Port Today in the 89’s (reclaim May NFP low)

(Argentina’s top-20 ETF)

Long $ARGENTINA 🇦🇷 📈
Long $JavierMilei 📈

I saw Druckenmiller added this position ($36m) as well as Morgan Stanley ($53m), UBS and Citadel in the latest 13F’s

[Dead Money @DeadMoney808]

$NOW 👀

[Trade With Congress @tradewithcong]

We found another stock ✍

Six politicians have been buying $NOW (ServiceNow) in 2026:

Byron Donalds: ~$30K
Tony Wied: ~$50K
Ro Khanna: ~$15K
Charles Fleischmann: ~$15K
Josh Gottheimer: ~$15K
Michael McCaul: ~$15K

And the fact that Khanna is buying makes it even more compelling

Here's why:

1. He bought SanDisk 8 months ago
2. That stock is up over ~3,000% since
3. ServiceNow "maybe" could be the next SanDisk (we'll see)

[Dead Money @DeadMoney808]

Ahhh … memories

$NVDA

[Dead Money @DeadMoney808]

Bon Jour! Was not planning on trading until I was back at my desk, but could not pass up the chance to INVEST in a solid $NVDA position.

My view the day I filled 262 shares of $NVDA at about a 94.90 average.

sans adversité, il n'y a pas d'opportunité

Cheers! 🥃

[Dead Money @DeadMoney808]

Short $ALGore 📉

But at least he invented the internet 😂

[A Man Of Memes @RickyDoggin]

ln 1992 Al Gore predicted that within two decades, Florida would lose 60% of its population due to climate change. Today, 34 years later, Florida’s population is 425% higher than it was in 1992.

[Dead Money @DeadMoney808]

Long $LATVIA

[هل انت عبيط ! @Egyptianmemees]

امرأة من Latvia أثارت الجدل بعد ما قالت إن أي رجل أعزب أو حتى متزوج يزور لاتفيا لوحده، ممكن يلقى اهتمام كبير من النساء هناك

وبررت كلامها إن عدد الرجال في البلد أقل من النساء بشكل واضح

[Dead Money @DeadMoney808]

Trans-violence vs. Muslim nation … in-party fighting?

Btw:
still short $CALI … where this occurred.

[@amuse @amuse]

TRANS TERROR: San Diego mosque shooting suspects identified as 17-year-old Cain Clark & 18-year-old Caleb Vazquez, identified as a transgender couple by classmates. 3 men dead including a security guard. Drive-by media will bury the shooters' identities & ideology.