Don Curren 🇨🇦🇺🇦Feb 18
1 Bloomberg: These days, when most #BigTech #stocks zig, Apple’s shares zag. That’s making the #iPhone maker an appealing haven in a #market that’s been upended by fears over #AI. Apple’s 40-day correlation to the #Nasdaq100 Index tumbled to about 0.2 last week’s … #stocks #markets #Apple
Show threadDon Curren 🇨🇦🇺🇦
2 Bloomberg: … the lowest since 2006. That’s down from about 0.9 in May. (A correlation of 1 means the two securities are moving in unison, while a reading of -1 signals they are moving opposite each other.) #Apple #Nasdaq100 #markets
Feb 18 at 1:38pmWeb