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Tansy_Gold

(17,868 posts)
Wed Aug 12, 2015, 05:41 PM Aug 2015

STOCK MARKET WATCH -- Thursday, 13 August 2015

[font size=3]STOCK MARKET WATCH, Thursday, 13 August 2015[font color=black][/font]


SMW for 12 August 2015

AT THE CLOSING BELL ON 12 August 2015
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Dow Jones 17,402.51 -0.33 (0.00%)
[font color=green]S&P 500 2,086.05 +1.98 (0.10%)
Nasdaq 5,044.39 +7.60 (0.15%)


[font color=red]10 Year 2.15% +0.04 (1.90%)
30 Year 2.84% +0.06 (2.16%) [font color=black]


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[font size=2]Market Conditions During Trading Hours[/font]
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(click on link for latest updates)
Market Updates
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[font size=2]Euro, Yen, Loonie, Silver and Gold[center]

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[font color=black][font size=2]Handy Links - Market Data and News:[/font][/font]
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Economic Calendar
Marketwatch Data
Bloomberg Economic News
Yahoo Finance
Google Finance
Bank Tracker
Credit Union Tracker
Daily Job Cuts
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[font color=black][font size=2]Handy Links - Essential Reading:[/font][/font]
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Matt Taibi: Secret and Lies of the Bailout


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[font color=black][font size=2]Handy Links - Government Issues:[/font][/font]
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LegitGov
Open Government
Earmark Database
USA spending.gov
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[font color=red]Partial List of Financial Sector Officials Convicted since 1/20/09 [/font][font color=red]
2/2/12 David Higgs and Salmaan Siddiqui, Credit Suisse, plead guilty to conspiracy involving valuation of MBS
3/6/12 Allen Stanford, former Caribbean billionaire and general schmuck, convicted on 13 of 14 counts in $2.2B Ponzi scheme, faces 20+ years in prison
6/4/12 Matthew Kluger, lawyer, sentenced to 12 years in prison, along with co-conspirator stock trader Garrett Bauer (9 years) and co-conspirator Kenneth Robinson (not yet sentenced) for 17 year insider trading scheme.
6/14/12 Allen Stanford sentenced to 110 years without parole.
6/15/12 Rajat Gupta, former Goldman Sachs director, found guilty of insider trading. Could face a decade in prison when sentenced later this year.
6/22/12 Timothy S. Durham, 49, former CEO of Fair Financial Company, convicted of one count conspiracy to commit wire and securities fraud, 10 counts of wire fraud, and one count of securities fraud.
6/22/12 James F. Cochran, 56, former chairman of the board of Fair, convicted of one count of conspiracy to commit wire and securities fraud, one count of securities fraud, and six counts of wire fraud.
6/22/12 Rick D. Snow, 48, former CFO of Fair, convicted of one count of conspiracy to commit wire and securities fraud, one count of securities fraud, and three counts of wire fraud.
7/13/12 Russell Wassendorf Sr., CEO of collapsed brokerage firm Peregrine Financial Group Inc. arrested and charged with lying to regulators after admitting to authorities he embezzled "millions of dollars" and forged bank statements for "nearly twenty years."
8/22/12 Doug Whitman, Whitman Capital LLC hedge fund founder, convicted of insider trading following a trial in which he spent more than two days on the stand telling jurors he was innocent
10/26/12 UPDATE: Former Goldman Sachs director Rajat Gupta sentenced to two years in federal prison. He will, of course, appeal. . .
11/20/12 Hedge fund manager Matthew Martoma charged with insider trading at SAC Capital Advisors, and prosecutors are looking at Martoma's boss, Steven Cohen, for possible involvement.
02/14/13 Gilbert Lopez, former chief accounting officer of Stanford Financial Group, and former controller Mark Kuhrt sentenced to 20 yrs in prison for their roles in Allen Sanford's $7.2 billion Ponzi scheme.
03/29/13 Michael Sternberg, portfolio mgr at SAC Capital, arrested in NYC, charged with conspiracy and securities fraud. Pled not guilty and freed on $3m bail.
04/04/13 Matthew Marshall Taylor,fmr Goldman Sachs trader arrested, charged by CFTC w/defrauding his employer on $8BN futures bet "by intentionally concealing the true huge size, as well as the risk and potential profits or losses associated."
04/04/13 Matthew Taylor admits guilt, makes plea bargain. Sentencing set for 26 June; faces up to 20 years in prison but will likely only see 3-4 years. Says, "I am truly sorry."
04/11/13 Ex-KPMG LLP partner Scott London charged by federal prosecutors w/passing inside tips to a friend in exchange for cash, jewelry, and concert tickets; expected to plead guilty in May.
08/01/13 Fabrice Tourré convicted on six counts of security fraud, including "aiding and abetting" his former employer, Goldman Sachs
08/14/13 Javier Martin-Artajo and Julien Grout charged with wire fraud, falsifying records, and conspiracy in connection with JP Morgan's "London Whale" trade.
08/19/13 Phillip A. Falcone, manager of hedge fund Harbinger Capital Partners, agrees to admit to "wrongdoing" in market manipulation. Will banned from securities industry for 5 years and pay $18MM in disgorgement and fines.
09/16/13 Javier Martin-Artajo and Julien Grout officially indicted on charges associated with "London Whale" trade.
02/06/14 Matthew Martoma convicted of insider trading while at hedge fund SAC (Stephen A. Cohen) Capital Advisors. Expected sentence 7-10 years.
03/24/14 Annette Bongiorno, Bernard Madoff's secretary; Daniel Bonventre, director of operations for investments; JoAnn Crupi, an account manager; and Jerome O'Hara and George Perez, both computer programmers convicted of conspiracy to defraud clients, securities fraud, and falsifying the books and records.
05/19/14 Credit Suisse, which has an investment bank branch in NYC, agrees to plead guilty and pay appx. $2.6 billion penalties for helping wealthy Americans hide wealth and avoid taxes.
09/08/14 Matthew Martoma, convicted SAC trader, sentenced to 9 years in prison plus forfeiture of $9.3 million, including home and bank accounts
08/03/15 Former City (London) trader Tom Hayes found guilty of rigging global Libor interest rates. Each fo eight counts carries up to 10 yr. sentence.







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[font size=3][font color=red]This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.[/font][/font][/font color=red][font color=black]


11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
STOCK MARKET WATCH -- Thursday, 13 August 2015 (Original Post) Tansy_Gold Aug 2015 OP
My BIL has joined the Immortals Demeter Aug 2015 #1
Wow... TeeYiYi Aug 2015 #3
Words cannot expres how sorry I am for the loss of your BIL DemReadingDU Aug 2015 #4
So sorry for your loss. Sending you peaceful thoughts. kickysnana Aug 2015 #5
Sometimes there are no words, Demeter. Hugin Aug 2015 #6
So sorry for your loss Punx Aug 2015 #8
I'm truly sorry for your loss. StoneCarver Aug 2015 #9
Sorry for your loss Demeter... MattSh Aug 2015 #10
Tag, you're it Demeter Aug 2015 #11
I just want to take a moment... TeeYiYi Aug 2015 #2
ETA News Release: Unemployment Insurance Weekly Claims Report (08/13/2015) mahatmakanejeeves Aug 2015 #7
 

Demeter

(85,373 posts)
1. My BIL has joined the Immortals
Wed Aug 12, 2015, 07:17 PM
Aug 2015

Tuesday evening, about 9 PM, the pancreatic cancer finished its life, and his, too.

What can I say about John? He was the third John in our family, and you can never have too many Johns...New England born-and-bred, with both accent and attitude, he loved my sister well all the days of their marriage, over 30 years ago. He helped me with my renovation projects, he took in my father the last year of his life (for which he and my sister should be sainted), he supported my sister with her medical issues, and he taught generations of chemical engineers about the ins and outs of paper manufacture.

The hole left in our family will never be filled. We now have no adult males left.

Would someone be kind enough to take the Weekend Thread? I think I need to do some other things Friday and Saturday...

TeeYiYi

(8,028 posts)
3. Wow...
Wed Aug 12, 2015, 07:39 PM
Aug 2015

I am so sorry for your loss. I want you to know that you are also very much appreciated by me as a long time DU financial wizard.

Pancreatic cancer is a tough one. Losing family is so hard.

I am so sorry, Demeter.

TYY

DemReadingDU

(16,000 posts)
4. Words cannot expres how sorry I am for the loss of your BIL
Wed Aug 12, 2015, 08:18 PM
Aug 2015

your sister must be devastated. Please let her know we send our condolences.




oh dear, I am out of town this weekend for our annual sister bonding, so unable to post anything.

Hugin

(33,198 posts)
6. Sometimes there are no words, Demeter.
Thu Aug 13, 2015, 03:02 AM
Aug 2015

All we can do is move on in time. I'm so sorry for the loss you've suffered.

Punx

(446 posts)
8. So sorry for your loss
Thu Aug 13, 2015, 12:32 PM
Aug 2015

One of my Grandfather's died from pancreatic cancer. It's a tough one.

I know I have only been posting here at the economy group for a short time, but really want to say that I apreaciate all that you bring here.

 

StoneCarver

(249 posts)
9. I'm truly sorry for your loss.
Thu Aug 13, 2015, 12:56 PM
Aug 2015

I always enjoy reading you and thank you for your posts.
Stonecarver

MattSh

(3,714 posts)
10. Sorry for your loss Demeter...
Thu Aug 13, 2015, 02:00 PM
Aug 2015


If no one has claimed the weekend thread, I'll go ahead and do it.

- Can never do enough of these...

TeeYiYi

(8,028 posts)
2. I just want to take a moment...
Wed Aug 12, 2015, 07:23 PM
Aug 2015

...to thank you, Tansy_Gold, for always being there with your financial prowess, for as long as I've been a DUer. I confess to being next to clueless about money issues. Your vast knowledge, in the face of my lack of same is a comfort.

I just want you to know how much you are appreciated for posting the daily Stock Market Watch here at DU and for just being so damned smart!

Thank you.

TYY

mahatmakanejeeves

(57,600 posts)
7. ETA News Release: Unemployment Insurance Weekly Claims Report (08/13/2015)
Thu Aug 13, 2015, 09:22 AM
Aug 2015

Source: Department of Labor, Employment and Training Administration

Read More: http://www.dol.gov/opa/media/press/eta/eta20151578.pdf

News Release

TRANSMISSION OF MATERIALS IN THIS RELEASE IS EMBARGOED UNTIL
8:30 A.M. (Eastern) Thursday, August 13, 2015

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS

SEASONALLY ADJUSTED DATA


In the week ending August 8, the advance figure for seasonally adjusted initial claims was 274,000, an increase of 5,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 270,000 to 269,000. The 4-week moving average was 266,250, a decrease of 1,750 from the previous week's revised average. This is the lowest level for this average since April 15, 2000 when it was 266,250. The previous week's average was revised down by 250 from 268,250 to 268,000.

There were no special factors impacting this week's initial claims.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending August 1, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 1 was 2,273,000, an increase of 15,000 from the previous week's revised level. The previous week's level was revised up 3,000 from 2,255,000 to 2,258,000. The 4-week moving average was 2,254,250, an increase of 14,250 from the previous week's revised average. The previous week's average was revised up by 1,000 from 2,239,000 to 2,240,000.

UNADJUSTED DATA

....
The total number of people claiming benefits in all programs for the week ending July 25 was 2,260,417, a decrease of 42,092 from the previous week. There were 2,536,430 persons claiming benefits in all programs in the comparable week in 2014.

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