RY slight adjustment Jan 26

tse-jan-261Royal got hit pretty hard on account , I understand, of their total return swaps. I have no idea how big that is but it is in line with what hit Manulife even if it is easier to forgive them as mortality tabels are pretty constant and so they may have confused these attributes and believed them to apply to the stockmarkets. whatever the underlying reason does not care as the charts will divulge all anyway. Here it is again.