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

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

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

Spot gold pulled back again today as the dollar hovered higher. The
SPDR Gold Trust (NYSE:GLD) has now fallen into a key support at
$109.00. Not only is this a necktie between the 50 moving average and
the 20 moving average, but if you connect the recent daily lows (as
seen below), there is a key trend line support. While this support
looks amazing in many respects, be very cautious. A move below that
support and the GLD could and most likely will see a tumble to the
recent lows of $102.00.
… Continue

Since February 5, 2010 the stock market has advanced sharply, erasing
most of the recent January decline. One important index that has
emerged as a leader is the Russell 2000 index. This index tracks most
of the small capitalization companies that are traded by the public.
When this index leads the market, this is usually viewed by traders and
investors as a bullish indication. Essentially, investors are betting
that small companies will do well and the economy is strong enough to
support them.… Continue