were boosted by Twitter's 3.5 percent gain, which put the social messaging platform up 55 percent since the beginning of 2018.
News of Dell Inc's plans to buy information technology company Perot Systems Corp helped to lift some tech stocks
, but failed to raise the broader market.
It is rare for the press to raise troubling questions during any boom, whether it was Latin lending in the '70s or the tech stocks
in the '90s.
almost EUR750,000 worth of shares - until tech stocks
Throughout the late 1990s and the early part of this decade, SDI navigated an equities market biased toward tech stocks
and a steel marketplace that kept a low ceiling on the prices the company could get for its finished steel.
The performance of Japanese tech stocks
has been even worse, despite a digital consumer electronics boom that helped to support stock prices in 2004.
"The past year was tough on tech stocks
because corporations were cautious about spending due to the soft patches in the economy.
("Oh, if only I had sold my tech stocks
at the high!") But the underlying forces that drive us toward innovation--cost savings, productivity, quality of life--keep churning along.
When tech stocks
were peaking and everyone was investing like crazy in the late 1990s, only 53 condominiums were listed; while eight months ago, as stocks plummeted, one could choose from 258 Siesta Key condo listings.
Again, the CPA can help get them back on course by stating an obvious but often overlooked truth--namely, that there is no profit in following the herd when the herd is chasing glitzy tech stocks
with sky-high price-earnings multiples.
Investors who have been burned once on an impulse investment (e.g., an overconcentration in tech stocks
in the late 1990's) are often prone to make another "bet it all" impulse investment in a vain attempt to make up their lost ground in one fell swoop.
Today, new buyers of tech stocks
cannot count on huge rises in share price.