This post appeared yesterday on RealMoney. Click here for a free trial, and enjoy incisive commentary all day, every day.The sentiment is the oddest part of this whole market. We've seen folks get giddy one day and downright depressed the very next day. Just look at last week -- the market did an up, down, up, down move. Each time we were down, folks loaded up on puts, and each time we were up they loaded up on calls.
For more explanation of these indicators, check out The Chartist's primer.
Know what you own: Meisler mentioned earnings season. Some companies expected to report earnings this week include Alcoa (AA), Ruby Tuesday (RT), International Speedway (ISCA), Family Dollar (FDO), Pepsi Bottling (PBG), 3Com (COMS) and Chevron (CVX).