Copper Collapse

This afternoon almost every leading commodity stock or ETF is selling off sharply. Leading copper stocks such as Freeport McMoRan Copper & Gold Inc.FCX, and Southern Copper Corp.SCCO, are declining lower today by more than 2.00 percent. Southern Copper Corp. will have near term intra-day support around the $45.50 area. This is a possible intra-day bounce level that day traders can watch for. Nicholas Santiago InTheMoneyStocks.com