Worst Day for the QQQ Since December 2022

Today was the worst day of trading for the QQQ (Nasdaq ETF) in 2023. Following last week’s big bearish engulfing candle which sent the QQQ lower by -2.92%, bulls put up a fight, pushing the QQQ to bounce on Monday and Tuesday. However, today’s trading not only erased all of those prior gains, it also sent the QQQ lower for the week by -1.20%. Here are the top 20 worst days for the Nasdaq QQQ ETF in 2023, in ascending order:

Worst Days for Tech Stocks in 2023 by Percent: 

1. March 10th -1.4%
2. September 20th -1.44%
3. October 20th -1.49%
4. September 26th -1.50%
5. January 5th -1.57%
6. February 24th -1.67%
7. June 7th -1.70%
8. September 15th -1.71%
9. March 9th -1.73%
10. October 3rd -1.75%
11. February 8th -1.78%
12. September 21st -1.83%
13. February 16th -1.88%
14. April 25th -1.89%
15. January 30th -2.02%
16. August 24th -2.14%
17. August 2nd -2.19%
18. July 20th -2.31%
19. February 21st -2.37%
20. October 25th -2.45%

The last time the QQQ performed this negatively was December 22nd 2022.