Today's Hot Topic updates Thursday's action and the flight to quality we saw in bonds and the yen. There's still a few names I'd consider buying, but if this trend continues we could see continued pressure in stocks.

If you liked this article you might like

3 Tech Setups That Look Tantalizing

4 Nice Setups for a Monday Morning

Moved to a Large Bond Short; Kroger Goes on Sale: Best of Kass

How Have Bond Funds Done This Year?

Doubt Is OK; The Lay of the Land: Doug Kass' Views