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(17,901 posts)
Sun Jun 1, 2014, 11:58 PM Jun 2014

STOCK MARKET WATCH -- Monday, 2 June 2014 [View all]

[font size=3]STOCK MARKET WATCH, Monday, 2 June 2014[font color=black][/font]

SMW for 30 May 2014

[center][font color=green]
Dow Jones 16,717.17 +18.43 (0.11%)
S&P 500 1,923.57 +3.54 (0.18%)
[font color=red]Nasdaq 4,242.62 -5.33 (-0.13%)

[font color=red]10 Year 2.48% +0.01 (0.40%)
30 Year 3.33% +0.01 (0.30%) [font color=black]


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[font size=2]Market Conditions During Trading Hours[/font]


[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]
Economic Calendar
Marketwatch Data
Bloomberg Economic News
Yahoo Finance
Google Finance
Bank Tracker
Credit Union Tracker
Daily Job Cuts

[font color=black][font size=2]Handy Links - Essential Reading:[/font][/font]
Matt Taibi: Secret and Lies of the Bailout


[font color=black][font size=2]Handy Links - Government Issues:[/font][/font]
Open Government
Earmark Database
USA spending.gov

[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.

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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]

47 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
New widgets . . . . Tansy_Gold Jun 2014 #1
Haven't got a clue. Fuddnik Jun 2014 #2
Widgets? Hugin Jun 2014 #3
Which widgets? Demeter Jun 2014 #5
Around here, it's Happy Hurricane Season. Fuddnik Jun 2014 #10
How about these? Demeter Jun 2014 #12
The trick will be if they update, or are just dummies Demeter Jun 2014 #15
Then there's this baby...click on anything...needs to be inserted into template? Demeter Jun 2014 #22
I emailed it to you Tansy_Gold Jun 2014 #31
The Bloomberg things look okay to me. Hugin Jun 2014 #33
They don't change, Hugin Demeter Jun 2014 #37
I'm not sure DU is compatible with widgets. Hugin Jun 2014 #40
Okay, there are images at kitco. Hugin Jun 2014 #41
Linky? Demeter Jun 2014 #42
I'm still working on it. Hugin Jun 2014 #43
I'm likein the toon. westerebus Jun 2014 #4
Eurozone manufacturing slows to six-month low in May xchrom Jun 2014 #6
IATA: Airline profits in 2014 to be hit by China xchrom Jun 2014 #7
Spain to launch 6.3bn euro stimulus package xchrom Jun 2014 #8
BRC: Shoppers 'using cash less than ever' xchrom Jun 2014 #9
Disposable Futures xchrom Jun 2014 #11
Unstoppable $100 Trillion Bond Market Renders Models Useless xchrom Jun 2014 #16
BNP Fine Stirs French Anger, Pressuring Hollande to Act xchrom Jun 2014 #17
Protect it how? Demeter Jun 2014 #23
Credit Suisse Needs U.S. Nod on Pension Work After Charge xchrom Jun 2014 #18
Draghi Primes ECB as Inflation Scarcity Alarms Officials xchrom Jun 2014 #19
Thai Junta Deploys Troops in Bangkok to Combat Coup Protests xchrom Jun 2014 #20
China Trades Barbs With U.S., Japan on Islands at Forum xchrom Jun 2014 #21
King Juan Carlos abdicates xchrom Jun 2014 #24
UH-OH: Deflation Hits Germany xchrom Jun 2014 #25
Schadenfreude! Demeter Jun 2014 #26
... xchrom Jun 2014 #27
Do we call that bow-synching? Tansy_Gold Jun 2014 #32
These flash mobs pop up occasionally in airports, malls, streets, train stations DemReadingDU Jun 2014 #35
I know, and they're just gobs of fun to watch Tansy_Gold Jun 2014 #46
Inequality Has Become The Achilles Heel Of Democracy xchrom Jun 2014 #28
If God had intended for us to vote, He'd have given us candidates. Fuddnik Jun 2014 #34
Jim Hightower DemReadingDU Jun 2014 #36
By "God" I take it you mean the 1% Cabal? Demeter Jun 2014 #38
global monopolies swell: where's the backlash? xchrom Jun 2014 #29
Maybe if they got out of the glare of the 1%, they could see it Demeter Jun 2014 #30
I'm having an IKEA kind of day Demeter Jun 2014 #39
Recession Behind Them, Baby Boomers Retire by the Droves... mother earth Jun 2014 #44
My 80 year old Euchre partner Demeter Jun 2014 #47
outstanding toon Doctor_J Jun 2014 #45
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