Poor Action In The Casino Stocks

 | May 04, 2012 03:22AM ET

The leading casino stocks are all trading lower at the start of the trading day. Earlier today, Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL). All of these stocks could have a little more downside action today, however, the daily charts are still holding up at this time. These stocks look to be trading lower in sympathy with MGM.