QQQ / SPY · Complete month

May 2024

Replay May 2024 through QQQ/SPY closing paths, intraday turns, recurring news themes, and every daily curve.

Review days
31
Trading days
22
News
2,970
Recurring news themes
6
May 1, 2024 — May 31, 2024

Monthly performance

Regular-close path

QQQ ended at +6.39% and SPY at +5.05% 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
· Regular trading day107 news items

Apple · Jobs report

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+2.01%
SPY+1.24%
Open review
Weakest QQQ session
· Regular trading day145 news items

Earnings · Jobs report · Treasury yields

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-1.07%
SPY-0.66%
Open review
Weakest SPY session
· Regular trading day153 news items

Jobs report

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.45%
SPY-0.73%
Open review
Largest QQQ–SPY divergenceStrongest intraday rebound
· Regular trading day96 news items

AI · Apple

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.04%
SPY+0.91%
Open review
Calmest session
· Regular trading day130 news items

CPI · Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.24%
SPY+0.01%
Open review
Busiest news day
· Regular trading day181 news items

FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.74%
SPY-0.34%
Open review

Recurring news themes

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

01

Earnings

13 related news items · 11 review days

17.3%+2.4 pp vs prior 3 months
02

CPI

14 related news items · 8 review days

18.7%+7.0 pp vs prior 3 months
03

Jobs report

16 related news items · 7 review days

21.3%+1.7 pp vs prior 3 months
04

FOMC

13 related news items · 7 review days

17.3%+0.0 pp vs prior 3 months
05

China

8 related news items · 6 review days

10.7%+2.3 pp vs prior 3 months
06

AI

5 related news items · 3 review days

6.7%+0.1 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 day181 news items

FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.74%
SPY-0.34%
Open review
· Regular trading day86 news items

Jobs report

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.28%
SPY+0.93%
Open review
· Regular trading day107 news items

Apple · Jobs report

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+2.01%
SPY+1.24%
Open review
· Market-closed day18 news items

China

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day22 news items

Earnings

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day120 news items

FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.11%
SPY+1.04%
Open review
· Regular trading day139 news items

CPI

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.01%
SPY+0.12%
Open review
· Regular trading day109 news items

AI · Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.05%
SPY+0.01%
Open review
· Regular trading day116 news items

Jobs report · FOMC · Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.22%
SPY+0.57%
Open review
· Regular trading day98 news items

Earnings · Jobs report · China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.24%
SPY+0.13%
Open review
· Market-closed day9 news items

CPI

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day33 news items

Earnings

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day130 news items

CPI · Earnings

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.24%
SPY+0.01%
Open review
· Regular trading day137 news items

FOMC · China · CPI

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.65%
SPY+0.46%
Open review
· Regular trading day160 news items

CPI · Earnings · FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+1.55%
SPY+1.23%
Open review
· Regular trading day113 news items

China · Jobs report · CPI

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.21%
SPY-0.21%
Open review
· Regular trading day77 news items

China

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.05%
SPY+0.14%
Open review
· Market-closed day18 news items

Earnings

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day24 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day156 news items

Treasury yields

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.70%
SPY+0.11%
Open review
· Regular trading day133 news items

QQQ/SPY market review

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.20%
SPY+0.24%
Open review
· Regular trading day167 news items

QQQ/SPY market review

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.03%
SPY-0.29%
Open review
· Regular trading day153 news items

Jobs report

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.45%
SPY-0.73%
Open review
· Regular trading day99 news items

FOMC

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.96%
SPY+0.67%
Open review
· Market-closed day11 news items

Earnings

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day23 news items

Market-closed news review

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Market-closed day49 news items

China

0 session drivers—0 key headlines—

Market closed · No intraday price curve

Open review
· Regular trading day108 news items

QQQ/SPY market review

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.38%
SPY+0.08%
Open review
· Regular trading day133 news items

QQQ/SPY market review

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-0.69%
SPY-0.70%
Open review
· Regular trading day145 news items

Earnings · Jobs report · Treasury yields

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ-1.07%
SPY-0.66%
Open review
· Regular trading day96 news items

AI · Apple

0 session drivers—0 key headlines—
Regular session · Close 16:00 ET
QQQ+0.04%
SPY+0.91%
Open review