SPY Charts and some Technical Analysis News to keep in mind Today - Today's Economic Calendar - The Charts - Opinion - Stock Picks. News to keep in mind Tuesday morning: Futures trade vs fair value were trading a bit lower late last night.Dow -57, S&P -6, Nasdaq -13, Russell -5. (10:20 pm ET).We look good technically - But use "Caution" message has been on here for a while for a reason. (Quick sell-offs and/or getting overbought are a possibility at anytime - so we continue to leave this note).The VIX rose a bit to 17.50 area on Monday. Not an issue at the moment, still neutral to a risk on level. Today's Economic Calendar: 8:30 AM: Durable Goods Orders for June from the Census Bureau. The consensus is for a 2.1% increase in durable goods orders.9:00 AM: S&P/Case-Shiller House Price Index for May.9:00 AM: FHFA House Price Index for May. This was originally a GSE only repeat sales, however there is also an expanded index.10:00 AM: Richmond Fed Survey of Manufacturing Activity for July. This is the last of the regional surveys for July.10:00 AM: The Q2 Housing Vacancies and Homeownership report from the Census Bureau.THE CHARTS: (NOTE: Charts are a guide, do other research as well.) BRIEFING/OPINIONS: The markets continued to drift around with a slight upward bias on Monday. We had no changes to our chart indicators, although the MACD and the Money Flow are still improving. However, the Stochastics are getting high and overbought again. The market can not keep going straight up, so from time to time we may get pullbacks and corrections. The rest of this week look out for the big tech earnings reports and anything that might come out of the Fed meeting Wednesday. It appears that the "buy the dip" is still the thing to do. Technically & Chart wise the market looks good. * If you have any questions, opinions, or comments to add please do so! * IF wanting to gamble: Options trades on these ETFs will give you a way to place your bets. $TQQQ - $SQQQ - $SPXL - $SPXS. * Beware - levered ETFs are subject to decay and are not for long-term holding. * CHANGES: None. POSITIVES: The MACD is positive.The Money Flow is positive.We are above the 20-day moving average, which is rising.We are above the 50-day moving average, which is rising.We are above the 200-day moving average, which is rising. NEGATIVES: Possible market top or trading range in the future?Thinking about the Fundamentals, Valuations, Virus news, the Economy, Jobs, Politics, The FED, etc.?Some things out there to worry about still! Or a wall of worry to climb as the saying goes. RECAP: Longer-term we are still bullish. The 8-month chart shows a strong uptrend.The risk of drops or brief pullbacks still exist in the short term.Some risks to the markets still remain.Longer-term questions to ask: When will the Fed's easy money and the stimulus sugar run out?Will higher inflation cause the Fed to raise rates? Covid?We still say "Use Caution" for a reason. Do not over risk yourself or over leverage yourself.We are still susceptible to large drops or dips.Look for trading opportunities that could result and have your trading lists ready. * Be careful if using MARGIN, be certain of your trades! *INDICATORS: The MACD is positive. The Stochastics are high/overbought. The Money Flow is positive. MA +/- (slope): The 50-day MA (424.67)(+0.64) and the 200-day MA (388.97)(+0.52) The 8-month chart (below). We are above the 425 support level. The market is still climbing in a long-term up-channel. STOCK PICKS: (For trades and/or investments.) Current trading favorites: AUPH - Aurinia Pharma, EPZM - Epizyme, EXEL - Exelixis, HZNP - Horizon Therapeutics (A big winner for us last year), IOVA - Iovance, KPTI - Karyopharm (Good buy under $10), SGMO - Sangamo, TGTX - TG Therapeutics (Our Top Pick!), TRIL - Trillium Therapeutics.Tech Picks: CRWD - CrowdStrike (Be aware it has a high valuation.)Also watching: IMGN, VKTX. * TGTX is a great buy at current levels. Longer-term should be much higher. * * Feel free to share your list/picks in the comments below. Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so)! Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page. With our Daily Trackdowns, check back for additional analysis/observations during the trading day in the comments by us or our readers. .