Create a great looking animated shining text effect:

1. Open a new document or an image you want to use as background.

2. Write your text and then create a new layer, click on this new created layer and then hit Ctrl+E(this will merge the newly created blank layer with the black selection layer).

3. Create a new layer, use the Gradient Tool and make a gradient bar like this:

4. Now left click on the gradient layer and hit Ctrl+G.