Attention, all meme traders…

Short squeeze plays are back!

I just hit a monster winner this week on Carvana (CVNA), which I’ll detail for you below.

Step into my office – and let me show you how this works…

YOUR ACTION PLAN

In case you’ve got FOMO from the CVNA trade, here are some other names I’m looking at with high short interest:

Do you want help discovering which of these trades to make? Then join me and other trading pros in real time inside The War Room.

Click here to start discovering these trades.

FUN FACT FRIDAY

Well, This Is What Economists Call “Fun”: As expected, the Fed raised rates by 25 basis points on Wednesday – and signaled more rate hikes are to come. It’s the smallest increase in the Fed’s blizzard of rate hikes that began almost a year ago. Chairman Jerome Powell said he believes that, for the first time since the Fed began raising rates, “the disinflationary process has started.” According to Trading Economics’ global macro models, inflation is expected to be down to 6% by the end of the quarter. For investors, the recent Fed meeting and comments by Powell signaled a more dovish Fed – and stocks rose on the news. But following a strong jobs number today, tighter monetary policy could still be on the menu. So, is good news bad news… and bad news is good news? Let the party (uh, we mean “debate”) begin!

Karim has been writing about the Federal Reserve’s decisions and their effect on the markets.

Click here to read what you should consider doing with your money as the Fed raises rates.