Official U.S. CPI releaseWed, Jul 12June 2023
QQQ / SPY · Complete month
July 2023
Replay July 2023 through QQQ/SPY closing paths, intraday turns, recurring news themes, and every daily curve.
- Review days
- 31
- Trading days
- 20
- News
- 2,117
- Recurring news themes
- 6
2023-07-01 — 2023-07-31
Monthly performance
QQQ +3.91%SPY +3.27%
QQQ ended at +3.91% and SPY at +3.27% 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 sessionStrongest SPY session
Fri, Jul 28QQQ +1.82%SPY +0.98%
71 news items Weakest QQQ sessionLargest QQQ–SPY divergence
Thu, Jul 20QQQ -2.33%SPY -0.66%
SPY led QQQ by 1.66 pp
94 news itemsWeakest SPY session
Thu, Jul 6QQQ -0.76%SPY -0.78%
103 news items Strongest intraday rebound
Wed, Jul 12QQQ +1.28%SPY +0.80%
Rebound after the intraday low · QQQ +0.83% · SPY +0.40%
128 news itemsCalmest session
Mon, Jul 3QQQ +0.25%SPY +0.14%
Intraday range · QQQ +0.48% · SPY +0.30%
84 news itemsBusiest news day
Wed, Jul 26QQQ -0.32%SPY +0.02%
162 news items Recurring news themes
See which themes kept returning during the month and how many review days they appeared in.
01
China
8 related news items · 8 review days
25.0%+16.7 pp vs prior 3 months
02Earnings
8 related news items · 7 review days
25.0%+12.9 pp vs prior 3 months
03CPI
4 related news items · 4 review days
12.5%+5.7 pp vs prior 3 months
04Geopolitics
4 related news items · 4 review days
12.5%+4.2 pp vs prior 3 months
05FOMC
4 related news items · 3 review days
12.5%-2.7 pp vs prior 3 months
06Jobs report
4 related news items · 3 review days
12.5%-17.0 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.