Stocks Fall for a Second Day, More to Come?

The video discusses the current market pessimism during earnings season, highlighting the potential for a downturn despite recent rallies. It examines the reduced earnings estimates and the likelihood of companies beating these estimates. The importance of consumer activity in the market is emphasized, as corporate profits are largely driven by stock buybacks. The video also explores trading strategies related to market volatility, particularly focusing on the VXX ETF.

What is the speaker's view on the volatility index and its current state?

What strategy does the speaker suggest for trading volatility in the current market?