This morning, two of the leading copper stocks are trading higher to start the day. Yesterday, copper stocks where crushed lower on heavy volume. Often, after a high volume rally or decline the next trading session stocks will retrace a little bit. That seems to be what is happening with the leading copper stocks today.

Las Vegas Sands Corp.(NYSE:LVS) has sold off from its small gap higher open. The stock has been a major winner by rallying higher since March 15, 2011 when it traded as low as $36.05 a share. This morning LVS is trading lower by 0.94 cents to $44.81 a share. Trader should watch the $44.00 for good intra-day support. This is also a very likely intra-day bounce level for short term day traders.

Sina Corp.(NASDAQ:SINA) has rallied sharply higher since early March. Today the stock is trading lower by $1.35 a share to $106.30 a share. Traders can look for a small intra-day bounce around the $105.90 level. Please remember that this stock is overbought on the daily chart and the bounce higher may not last very long due to the overbought condition.

Wal-Mart Stores Inc.(NYSE:WMT) is the dominant retail stock in the market. This morning the retail giant is trading lower by 0.10 cents to $52.24 a share. Short term scalp trader can watch the $52.00 area for intra-day support. This is a likely intra-day bounce area for the stock.