Ken Goodreau, CMT

Grinder

[Ken Goodreau, CMT @KenGoodreau]

Did we win the War again!?

At 3:00 on a Friday....shocking.

[Ken Goodreau, CMT @KenGoodreau]

Seems normal:

[Ken Goodreau, CMT @KenGoodreau]

@DeItaone Well there no inflation so why be vigilant.

Maybe take the rest of the summer off.

[CRED iQ @cred_iq]

The property type driving CMBS distress just flipped.

New CRED iQ Top 50 Metro Distress Rankings:

Multifamily distress more than doubled since Feb: 6.0% to 13.0%
Office distress eased: 21.2% to 16.7%
Minneapolis leads all metros at 55.1% distress
Denver (35.9%) and Oklahoma City (34.1%) round out the top 3
Salt Lake City: 0%, the cleanest large market in the Top 50
$45.8B of $393.5B in outstanding balance is distressed (11.6%)

Full breakdown in this week's CRED Thread. Link in the thread.

[Ken Goodreau, CMT @KenGoodreau]

@jfsrev I prefer $APPS to $APP

lol

[Ken Goodreau, CMT @KenGoodreau]

Candles are wide and sloppy. Even in the most liquid names.

Market makers having a field day.

I'm trying not to donate.

[Ken Goodreau, CMT @KenGoodreau]

@RealSimpleAriel Amen brutha

[Ken Goodreau, CMT @KenGoodreau]

The market loves a tasty TACO.

[*Walter Bloomberg @DeItaone]

*US CONSIDERS DELAYING COLLECTION OF PLANNED POLYSILICON TARIFFS

[Ken Goodreau, CMT @KenGoodreau]

The markets red. What time do we win the war?

Asking for a friend.

$SPY

[The Kobeissi Letter @KobeissiLetter]

BREAKING: A total of 911,500,000 shares of SpaceX, $SPCX, held by employees and early investors, become eligible to trade tomorrow.

That's ~43% more than the 638,900,000 shares issued at IPO.

SpaceX's free float is set to increase from 4.9% to 11.8% of outstanding shares.

[Ken Goodreau, CMT @KenGoodreau]

@DeItaone If you love everyone.....do you really love anyone?

[Goshawk Trades @GoshawkTrades]

There it is.

[TSDR Trading @TSDR_Trading]

What a 166% YTD return looks like from @CFlanders7 2025 performance.

Notice how it is

-Single digit monthly gains
-Single digit monthly losses
-Concentrated in a short period of outsized opportunity

Let risk management do the heavy lifting.

Be ready for really kick ass opportunities.

[SpotGamma @spotgamma]

this, i suspect is part of the reason for the blowout again today. bessent comes in and jams the iran thing home into a market not priced to do anything. then up everyone has to chase

[Ken Goodreau, CMT @KenGoodreau]

$AMZN , $MSFT $GOOG up 5%+ and $QQQ flat.

Tells me be careful.

[Ken Goodreau, CMT @KenGoodreau]

@DeItaone Yeah why waste time pretending they care about inflation, lol

[Ken Goodreau, CMT @KenGoodreau]

Huston we have a problem.

[Ken Goodreau, CMT @KenGoodreau]

Bitcoin dying from a lack of VOL.

Lowest ATR and ADR since the ETFs were introduced.

Once the public and pensions got in it ended the supply demand dynamic.

[Ken Goodreau, CMT @KenGoodreau]

@WallStreetMav You should be more appreciative!

I mean who else would give you all these great Wars, Data centers and flock cameras.

[Ken Goodreau, CMT @KenGoodreau]

A lot of fundamental expertise on X all of the sudden, lol.

I know what I don't know.

Green or red?