Official U.S. CPI releaseWed, May 10April 2023
QQQ / SPY · Complete month
May 2023
Replay May 2023 through QQQ/SPY closing paths, intraday turns, recurring news themes, and every daily curve.
- Review days
- 31
- Trading days
- 22
- News
- 2,522
- Recurring news themes
- 6
2023-05-01 — 2023-05-31
Monthly performance
QQQ +7.78%SPY +0.46%
QQQ ended at +7.78% and SPY at +0.46% from the previous regular close before the month.
Monthly change runs from the final trading-day close before the month to the final trading-day close of the month. Each point on the chart is a trading-day close.
Sessions worth replaying
Strongest QQQ session
Fri, May 26QQQ +2.56%SPY +1.29%
97 news items Weakest QQQ sessionWeakest SPY session
Tue, May 23QQQ -1.28%SPY -1.12%
123 news items Strongest SPY session
Fri, May 5QQQ +2.13%SPY +1.85%
80 news items Largest QQQ–SPY divergence
Thu, May 25QQQ +2.44%SPY +0.86%
QQQ led SPY by 1.58 pp
134 news itemsStrongest intraday rebound
Wed, May 10QQQ +1.09%SPY +0.46%
Rebound after the intraday low · QQQ +1.33% · SPY +1.14%
103 news itemsCalmest session
Tue, May 9QQQ -0.65%SPY -0.43%
Intraday range · QQQ +0.40% · SPY +0.32%
85 news itemsBusiest news day
Tue, May 16QQQ +0.11%SPY -0.67%
164 news items Recurring news themes
See which themes kept returning during the month and how many review days they appeared in.
01
China
7 related news items · 7 review days
16.7%+9.0 pp vs prior 3 months
02Jobs report
10 related news items · 5 review days
23.8%+1.4 pp vs prior 3 months
03Earnings
5 related news items · 5 review days
11.9%+0.0 pp vs prior 3 months
04Geopolitics
7 related news items · 4 review days
16.7%+10.4 pp vs prior 3 months
05AI
4 related news items · 3 review days
9.5%+5.3 pp vs prior 3 months
06FOMC
7 related news items · 2 review days
16.7%+0.6 pp vs prior 3 months
Topic counts are descriptive coverage measures. They do not measure price impact.
CPI
Official event-study dates
All daily reviews
Trading days show QQQ/SPY closing moves alongside the day’s news. Market-closed dates keep their news timelines.