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
May 1, 2023 — May 31, 2023

Monthly performance

Regular-close path

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
· Regular trading day97 news items

China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+2.56%
SPY+1.29%
Open review
Weakest QQQ sessionWeakest SPY session
· Regular trading day123 news items

Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-1.28%
SPY-1.12%
Open review
Strongest SPY session
· Regular trading day80 news items

Jobs report

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+2.13%
SPY+1.85%
Open review
Largest QQQ–SPY divergence
· Regular trading day134 news items

Geopolitics · AI

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+2.44%
SPY+0.86%
Open review
Strongest intraday rebound
· Regular trading day103 news items

AI · China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.09%
SPY+0.46%
Open review
Calmest session
· Regular trading day85 news items

China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.65%
SPY-0.43%
Open review
Busiest news day
· Regular trading day164 news items

Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.11%
SPY-0.67%
Open review

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
02

Jobs report

10 related news items · 5 review days

23.8%+1.4 pp vs prior 3 months
03

Earnings

5 related news items · 5 review days

11.9%+0.0 pp vs prior 3 months
04

Geopolitics

7 related news items · 4 review days

16.7%+10.4 pp vs prior 3 months
05

AI

4 related news items · 3 review days

9.5%+5.3 pp vs prior 3 months
06

FOMC

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.

· Regular trading day80 news items

QQQ/SPY market review

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.12%
SPY-0.10%
Open review
· Regular trading day100 news items

China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.88%
SPY-1.12%
Open review
· Regular trading day144 news items

FOMC · Geopolitics · AI

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.64%
SPY-0.69%
Open review
· Regular trading day82 news items

Jobs report · FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.33%
SPY-0.70%
Open review
· Regular trading day80 news items

Jobs report

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+2.13%
SPY+1.85%
Open review
· Market-closed day18 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day10 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day95 news items

China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.26%
SPY+0.04%
Open review
· Regular trading day85 news items

China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.65%
SPY-0.43%
Open review
· Regular trading day103 news items

AI · China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.09%
SPY+0.46%
Open review
· Regular trading day74 news items

Jobs report

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.32%
SPY-0.17%
Open review
· Regular trading day85 news items

Geopolitics

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.36%
SPY-0.13%
Open review
· Market-closed day12 news items

Earnings

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day5 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day138 news items

Tesla

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.56%
SPY+0.34%
Open review
· Regular trading day164 news items

Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.11%
SPY-0.67%
Open review
· Regular trading day91 news items

QQQ/SPY market review

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.23%
SPY+1.21%
Open review
· Regular trading day101 news items

Jobs report · Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.85%
SPY+0.96%
Open review
· Regular trading day112 news items

China · Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.24%
SPY-0.15%
Open review
· Market-closed day12 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day16 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day147 news items

QQQ/SPY market review

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.34%
SPY+0.04%
Open review
· Regular trading day123 news items

Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-1.28%
SPY-1.12%
Open review
· Regular trading day133 news items

Geopolitics

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.51%
SPY-0.72%
Open review
· Regular trading day134 news items

Geopolitics · AI

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+2.44%
SPY+0.86%
Open review
· Regular trading day97 news items

China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+2.56%
SPY+1.29%
Open review
· Market-closed day15 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day14 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day29 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day111 news items

QQQ/SPY market review

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.45%
SPY+0.04%
Open review
· Regular trading day112 news items

China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.66%
SPY-0.56%
Open review