There is a narrative that credit is leading the way. It often sounds smart to talk about credit or corporate bonds as leading equities, but it just isn’t the case right now. Equities have done a good job dragging themselves down, and if anything, pressure on stocks translated into weakness for corporate debt – rather than the other way around.

ChongKunDang Pharmaceutical will post record earnings in the fourth quarter and join the1 trillion won (US$891.19 million) league,” said Cape Investment and Securities on Nov. 30 maintaining a “buy” recommendation. The securities firm, however, lowered the target price to 150,000 won from 180,000 won reflecting discount on top pharmaceutical companies’ profit targets.

GC’s blood products and vaccines will propel its fourth-quarter earnings, said Cape Investment and Securities on Nov. 29 maintaining a “buy” recommendation.

SK Gas will return to normal as propane gas price stabilizes, said Cape Investment and Securities on Nov. 29 suggesting a “buy” recommendation and 100,000 won (US$89.10) target price.

Asian equities are largely on the bullish side after the US Federal Reserve’s chairman, Jerome Powell, reversed the US central bank’s previously-hawkish policy, suggesting that current rates are much closer to normal than his previous showings, wordlessly suggesting to broader markets that the Fed may ease off their current path of rate hikes much sooner than previously expected.

Investors should expect to see a slow grind higher in the precious metals market next year as value in the sector continues to grow, according to one research firm.

Among the S&P 500’s biggest fallers on Tuesday November 27 was Alliance Data Systems Corporation (ADS). The stock experienced a 3.55% decline to $193.81 with 738,075 shares changing hands.

Among the biggest risers on the S&P 500 on Tuesday November 27 was Alaska Air Group Inc. ($ALK), popping some 2.69% to a price of $70.75 a share with some 3.1 million shares trading hands.

Naver’s Japanese subsidiary Line’s expansion will help it gain momentum, said KB Investment and Securities on Nov. 28 maintaining a “buy” recommendation and 152,000 won (US$134.80) target price.

Among the S&P 500’s biggest fallers on Tuesday November 27 was Bed Bath & Beyond Inc. (BBBY). The stock experienced a 4.4% decline to $12.38 with 5.59 million shares changing hands.