CTL - A Brief Review Of 2018 With A Look Ahead To 2019

With a very down December, it has turned into a very down year in 2018 for the overall market and for small caps in general:

It's anyone's guess as to why this has happened. Trade jitters, Federal Reserve policy, deleveraging, reduced corporate buybacks, risk-off trading, and basic trend following are all possibilities. The reality is it doesn't matter why, but that it is.

I have certainly not been immune to this with my generally long portfolio suffering similar levels of loss. A few high and low lights from the year:

Photon

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