Lument Finance Trust Inc

A sustained Stage 4 downtrend with sequential lower highs and lower lows remains intact. Medium-term bias is bearish, but short-term conditions do not favor immediate sell-side engagement. Execution is deferred, preferring to trim on rallies into declining 9EMA/20EMA resistance within the downtrend for optimal timing.

• ↑Maintains 4.6% yield (4¢/share), offering steady income.
• ↑Book-to-price ratio of 1.91 indicates deep discount to NAV.
• ↓Reported Q2 net loss of $9.2M, or $0.18/share.