On July 22, 2025, Chris Vecchio, Dylan Rattigan, and Thomas Westwater discussed muted market activity, with the Nasdaq down around 0.65% while the Russell 2000 outperformed. Amid speculation about Federal Reserve Chair Powell's potential resignation, they examined the broader economic consequences of tariffs and their inflationary impacts. The upcoming earnings reports from major tech companies like Google (GOOGL) and Tesla (TSLA) sparked debate on market sentiment. The team expressed caution over bullish trends, focusing on potential declines as they navigated short positions and speculative trades.