About Mike O'Toole

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So far Mike O'Toole has created 11 blog entries.
7 August

Optimism Continues to Cool

2018-08-09T15:46:25+00:00 August 7th, 2018|

Overall Index The PNC-CivicScience Investor Sentiment Index (PNC-CS ISI) moderated again in July, reflecting cooler optimism than in June. Investor optimism, as measured by the poll, had been steadily rising from September 2017 through January 2018. After peaking in January at 55.1, sentiment began to fade, and has steadily declined to 49.8 in July. The July 2018 results reflect a slight softening in optimism from poll participants. The PNC-CS ISI moderated to 49.8 in July, from 50.5 in June. Trade war uncertainties continued to drive market volatility after the United States announced the possibility of additional tariffs on Chinese goods. [...]

10 July

Optimism Cools as Temperatures Rise

2018-07-10T17:55:27+00:00 July 10th, 2018|

Overall Index The PNC-CivicScience Investor Sentiment Index (PNC-CS ISI) moderated in June, reflecting cooler optimism than in May. Investor optimism, as measured by the poll, had been steadily rising from September 2017 through January 2018. After peaking in January, sentiment began to fade and declined in each of the next three consecutive months. In May, the poll results rebounded off of April’s low reading, before easing a bit in June. The June 2018 results reflect a slight softening in optimism from poll participants, after May’s sharp rise higher. The ISI moderated to 50.5 in June, from 51.2 for May (Chart 1). [...]

7 June

Optimism Returns

2018-06-07T19:26:29+00:00 June 7th, 2018|

Overall Index The PNC-CivicScience Investor Sentiment Index (PNC-CS ISI) shifted higher in May, reflecting an improvement in investor confidence. Investor optimism, as measured by the poll, had been steadily rising from September 2017 through January 2018. After peaking in January, sentiment began to fade, and declined in each of the next three consecutive months. May’s reading reflects a reversal, with slightly more positive results. May 2018’s poll results reflect a more optimistic view from participants than in the prior two months. The PNC-CS ISI rose to 51.2 in May from 48.8 for April. Considering the financial markets, volatility further eased through much [...]

8 May

Investor Sentiment Continues to Trend Lower

2018-05-12T02:18:47+00:00 May 8th, 2018|

For April 2018 the PNC-CivicScience Investor Sentiment Index (ISI) continues to trend lower, reflecting weakening investor confidence. Investor optimism, as measured by the poll, had been steadily rising from September 2017 through January 2018. After sentiment in January reached the highest level reading since the poll began in November 2016, February’s results reflected a shift in expectations. April’s reading reflects the third consecutive month of softening confidence. U.S. financial markets began 2018 on a strong note after tax reform legislation was passed in late 2017. Volatility returned to the markets in February after an extremely sanguine 2017. A number of [...]

11 April

Investor Sentiment Continues to Soften

2018-05-08T14:59:13+00:00 April 11th, 2018|

Overall Index In March 2018, for the second month in a row, the PNC - CivicScience Investor Sentiment Index (PNC - CivicScience ISI) reflected a softening in confidence. Investor optimism, as measured by the poll, had been steadily rising from September 2017 through January 2018. A sharp turn lower was recorded in last month’s reading, with further easing in March. After sentiment in January reached the highest level reading since the poll began in November 2016, February’s results reflected a shift in expectations. March 2018’s poll results further highlighted a more cautious view, as the PNC - CS ISI declined [...]

13 March

Investor Sentiment Lower

2018-03-13T12:23:55+00:00 March 13th, 2018|

Overall Index The PNC - CivicScience Investor Sentiment Index (ISI) reflected an easing of investor sentiment in February 2018, the first monthly dip since September 2017. Investor sentiment, as measured by the poll, had been on an upward trend for the latter half of 2017 and into 2018. However, February’s poll reflected a slightly lower level of optimism versus January 2018. Sentiment in January reached its highest level since the poll began in November 2016. February 2018’s poll results reflect a pause in optimism as the ISI declined to 52.3 from 55.1 in January. After record low volatility in 2017, [...]

13 February

Another Month of Rising Investor Confidence

2018-02-13T13:11:37+00:00 February 13th, 2018|

Overall Index The PNC-CS Investor Sentiment Index (ISI) rose in January 2018, reflecting the fourth straight month of upward movement of the index, as optimism is seemingly spilling into the new-year. The trend of investor confidence as measured by the poll picked up momentum in the latter months of 2017 and now into 2018. Sentiment began moving higher in October, and reached its highest level for 2017 in December. January 2018’s reading represents another move higher, as the ISI rose to 55.1, up from 54.3 in December. In general, growing optimism appears to reflect macroeconomic factors which indicate continued global [...]

9 January

Investor Confidence Continues to Strengthen

2018-01-10T12:47:08+00:00 January 9th, 2018|

Overall Index The PNC-CivicScience Investor Sentiment Index (ISI) strengthened for the third month in a row in December 2017, and reflects a sharp turn higher in the latter months of the year, indicating growing optimism. As measured by the poll, investor confidence strengthened in the final quarter of 2017, after a downward softening trend had prevailed during the first nine months of the year. Sentiment began moving higher in October, and again in the following two months. The December reading indicated a jump in sentiment, reaching the highest level recorded in 2017. The ISI moved sharply higher to 54.3 in [...]

12 December

Investor Confidence Climbs in November

2017-12-12T14:11:04+00:00 December 12th, 2017|

Overall Index The PNC-CivicScience Investor Sentiment Index (ISI) strengthened for the second month in a row in November 2017, reflective of greater optimism than was measured through the summer months. As measured by the poll, investor confidence had softened since early in the year through the month of September. However, in the last two months, there has been a sharp reversal higher and sentiment has reverted to near the levels where we began the year. Sentiment, which had been on a downward trend after starting the year strong, staged a rebound beginning in October. The ISI rose to 51.7 in [...]

14 November

Investor Confidence Climbs in October

2017-11-14T01:31:23+00:00 November 14th, 2017|

Overall Index The PNC-CivicScience Investor Sentiment Index (ISI) reflects a jump in the level of investor confidence in October versus the previous poll in September. In general, investor confidence since the beginning of 2017 has bounced around but reflects a downward trend. The ISI high was reached in December 2016, followed by a somewhat choppy read in the first months of 2017, before becoming a bit more stable as the year has progressed. Sentiment seemed to wane during the summer months, reaching the lowest reading year to date in September before staging a sharp reversal higher in October. The ISI [...]