QQQ / SPY · Complete month

December 2023

Replay December 2023 through QQQ/SPY closing paths, intraday turns, recurring news themes, and every daily curve.

Review days
31
Trading days
20
News
2,300
Recurring news themes
6
Dec 1, 2023 — Dec 31, 2023

Monthly performance

Regular-close path

QQQ ended at +5.31% and SPY at +4.15% 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 day146 news items

Jobs report · China · FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.43%
SPY+0.76%
Open review
Weakest QQQ sessionWeakest SPY session
· Regular trading day100 news items

Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-1.51%
SPY-1.45%
Open review
Strongest SPY sessionBusiest news day
· Regular trading day171 news items

FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.28%
SPY+1.37%
Open review
Largest QQQ–SPY divergence
· Regular trading day93 news items

China · Geopolitics · Semiconductors

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.38%
SPY-0.56%
Open review
Strongest intraday rebound
· Regular trading day101 news items

Crypto

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.94%
SPY-0.53%
Open review
Calmest session
· Regular trading day97 news items

QQQ/SPY market review

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.15%
SPY+0.18%
Open review

Recurring news themes

See which themes kept returning during the month and how many review days they appeared in.

01

FOMC

13 related news items · 9 review days

18.8%+7.4 pp vs prior 3 months
02

Geopolitics

10 related news items · 9 review days

14.5%-12.7 pp vs prior 3 months
03

China

10 related news items · 8 review days

14.5%+6.6 pp vs prior 3 months
04

Jobs report

16 related news items · 6 review days

23.2%+6.1 pp vs prior 3 months
05

Earnings

5 related news items · 5 review days

7.2%-2.0 pp vs prior 3 months
06

AI

3 related news items · 3 review days

4.3%+1.3 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 day117 news items

FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.29%
SPY+0.58%
Open review
· Market-closed day11 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day26 news items

Geopolitics

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day101 news items

Crypto

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.94%
SPY-0.53%
Open review
· Regular trading day94 news items

China · Geopolitics

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.25%
SPY-0.02%
Open review
· Regular trading day126 news items

Jobs report · Geopolitics

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.59%
SPY-0.41%
Open review
· Regular trading day146 news items

Jobs report · China · FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.43%
SPY+0.76%
Open review
· Regular trading day100 news items

China · Apple · FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.44%
SPY+0.41%
Open review
· Market-closed day14 news items

China · FOMC

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day27 news items

AI · Tesla

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day108 news items

FOMC · AI · Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.86%
SPY+0.38%
Open review
· Regular trading day121 news items

CPI

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.82%
SPY+0.47%
Open review
· Regular trading day171 news items

FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.28%
SPY+1.37%
Open review
· Regular trading day103 news items

Jobs report

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.09%
SPY+0.32%
Open review
· Regular trading day93 news items

China · Geopolitics · Semiconductors

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.38%
SPY-0.56%
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 day22 news items

Earnings · Geopolitics · Semiconductors

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day113 news items

China · CPI · FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.44%
SPY+0.57%
Open review
· Regular trading day114 news items

Geopolitics · AI · Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.51%
SPY+0.60%
Open review
· Regular trading day100 news items

Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-1.51%
SPY-1.45%
Open review
· Regular trading day79 news items

Jobs report · China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.17%
SPY+0.94%
Open review
· Regular trading day100 news items

QQQ/SPY market review

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.16%
SPY+0.19%
Open review
· Market-closed day10 news items

Earnings

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day21 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day35 news items

FOMC

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day79 news items

FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.61%
SPY+0.41%
Open review
· Regular trading day97 news items

QQQ/SPY market review

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.15%
SPY+0.18%
Open review
· Regular trading day81 news items

Jobs report · China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.07%
SPY+0.04%
Open review
· Regular trading day54 news items

Crypto · Geopolitics

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.45%
SPY-0.28%
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 day8 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review