Editor's Note:

Stocks retreated across the board on Thursday as the major indices delivered their worst one-day drop since July 31st. It's been volatile for the Dow Industrials, which turned in their fourth day in a row of triple-digit moves.

The weakness started overseas with European markets down. Russia played a role in the market's weakness. The country is considering a new law that would allow Russian courts to seize assets from foreign companies.

We also had very disappointing economic data in the U.S. in today's durable goods orders. The August reading for durable goods plunged -18.2%. That's the biggest one month drop on record, since they started recording this data back in 1992.

Yet another cloud over the market today were rumors that terrorists were planning attacks on the subways systems in New York and Paris (no time frame was provided).

There is also chatter that we could see a lot of earnings warnings in the next couple of weeks just ahead of the Q3 earnings season. Current earnings estimates may not be accounting for the huge rally in the U.S. dollar and how that's affecting profits for multi-national companies.

I expect stocks will continue to sink tomorrow morning. The question is if traders cover their shorts ahead of the weekend? Small caps have been leading the market lower and the Russell 2000 is nearing what could be significant support in the 1080-1100 zone. The S&P 500 is also nearing what could be significant support at the bottom of its bullish channel.

We're not adding any new trades tonight. If you have to trade we are seeing a lot of bearish candidates.

Here's a list of stocks that caught my eye today:

Some of these stocks may need to see a break past key support or resistance:

(bearish ideas)
MOS, AVY, MDLZ, MYL, PCL, NFX, GM, CA, GT, LPI, SOHU, LGND.