Apple(US:AAPL) Xin Lang Cai Jing·2026-02-18 10:20Core Viewpoint - Apple (AAPL.US) has become an attractive alternative for investors as it has significantly "decoupled" from other tech peers, particularly amid recent market volatility driven by artificial intelligence [1] Group 1: Market Correlation - The correlation between Apple's stock price and the Nasdaq 100 index dropped to 0.21 last week, marking the lowest level since 2006 [1] - This correlation has been declining since reaching 0.92 in May of the previous year, indicating a significant divergence from market trends [1] - A correlation of 1 indicates that two securities move in perfect unison, while -1 indicates completely opposite movements [1] Group 2: Investment Sentiment - Apple's decision to largely remain inactive has made it stand out compared to many competitors [1] - Art Hogan, Chief Market Strategist at B. Riley Wealth, noted that the lack of correlation between Apple's stock price and overall market trends is beneficial in the current environment [1] - The current market is characterized by extreme investor anxiety over which sectors will be disrupted next, leading to a tendency to sell first and seek reasons later [1]