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 Monday morning: Futures trade vs fair value were trading a bit higher late last night.Dow +80, S&P +7, Nasdaq +19, Russell +8. (7:50 pm ET).More new highs for the S&P 500 and Nasdaq possible.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). Today's Economic Calendar: 10:30 AM ET, Dallas Fed Survey of Manufacturing Activity for June. This is the last of the regional surveys for June. THE CHARTS: (NOTE: Charts are a guide, do other research as well.) BRIEFING: The markets had a mixed day Friday, with the Nasdaq taking a small breather but the Dow and S&P higher. The S&P 500 made new highs. We have no new changes to our chart indicators. The only caution we have is the Stochastics are getting high and overbought. We have now broke away from the old resistance level at SPY 420. From here it appears we will attempt to make more new highs. On the longer term 8-month chart the trend is still positive. The longer-term uptrend is still intact. * If you have any questions or opinions 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, except being a new high. POSITIVES: The MACD is positive.The Money Flow is slightly positive.We are above the 20-day moving average.We are above the 50-day moving average, which is rising.We are above the 200-day moving average, which is rising. NEGATIVES: The Stochastics are getting high/near overbought.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. OPINIONS: Longer-term we are still bullish. The 8-month chart shows a strong uptrend.Short-term it looks like we will try to make new highs. But risk of drops or pullbacks still exist.Some risks to the markets still remain.Longer-term question to ask? When will the Fed's easy money and the stimulus sugar run out?Will higher inflation cause the Fed to raise rates?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. The Money Flow is slightly positive. MA +/- (slope): The 50-day MA (417.23)(+0.24) and the 200-day MA (378.61)(+0.46) The 8-month chart (below). We are above the SPY 403 support level and over the 420 former resistance level. The market continues to climb in an impressive up-channel. Longer-term things still look good. 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 (Under 30 is a good place to buy), 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 oversold and a great buy at current levels. * * 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. .