Bryan Leighton's Page

As a Chief Market Strategist, I love to look at charts, analyze and
discover swing trades in any direction. It is like going through old
baseball cards and not sure when I will find the Mickey Mantle or Babe
Ruth or better yet, sifting through sand or dirt and finding diamonds.
The markets today are showing a little bit of weakness but the
continued light volume is keeping them from selling to any significant
point. The formation on the charts from yesterday is a clear triangle
pattern which dic… Continue

Oil made a short term bottom on February 5th, 2010 after hitting an
intra-day low price of 69.50. Since that time oil has rallied over 10
points to a high of 82.50 on March 9th, 2010. The continuous gasoline
contract on the NYMEX was 1.87 on February 5th and it hit a recent high
on March 9th at 2.29. These short term rallies for oil and gasoline
have been powerful and very sharp. Can the U.S. consumer absorb these
prices should they remain at these high levels?



In July of 2008 oil ral… Continue

The fact that gold has been crushed today with the dollar lower and the
markets higher tells me a top is near. Why? Simply put, gold dropping
tells me the average person, believes they can make far more money by
going into riskier assets like stocks. Why does that signal a top?
When the masses fully believe a rally is at hand, the rally has already
happened and is over. Sadistic? Yes! Funny? not really!



The dollar opened flat to slightly higher today. Gold also opened
higher. The doll… Continue

Financial and technology stocks jumped today as continued optimism on
the global economy and a massive rebound regain their power. Stocks
like Goldman Sachs Group, Inc. (NYSE:GS), JPMorgan Chase & Co.
(NYSE:JPM), Morgan Stanley (NYSE:MS) and even pathetic excuses for
financial companies like American International Group, Inc. (NYSE:AIG)
are soaring.



In addition to the financial powerhouse today, technology is also
gaining a significant amount today. The semiconductor sector is
jum… Continue

To truly understand the markets, one must think the opposite of the
average investor or trader. When it comes to the total volume in the
market, more than 90% is generally from institutions. When it comes to
the total number of market participants, 95% of them are the average
investors or traders. This is a peculiar disparity but totally
understandable. This is also how many of the institutions make their
money. In other words, by moving the markets in ways pull money from
the average investor o… Continue