≈ Jamie, I miss your nuggets. ≈

Going through my boring but necessary routine of reading the news, I’ve become acquainted with the Impossible Burger. The first thing that came into my mind was “Oh, this must be Tom Cruise’s burger for his new Mission Impossible 23 sequel”.

I was wrong.

The Impossible Burger is a meatless patty made by Impossible Foods. Here are the ingredients (so far): Water, Soy Protein Concentrate, Coconut Oil, Sunflower Oil, Natural Flavors, 2% or less of: Potato Protein, Methylcellulose, Yeast Extract, Cultured Dextrose, Food Starch Modified, Soy Leghemoglobin, Salt, Soy Protein Isolate, Mixed Tocopherols (Vitamin E), Zinc Gluconate, Thiamine Hydrochloride (Vitamin B1), Sodium Ascorbate (Vitamin C), Niacin, Pyridoxine Hydrochloride (Vitamin B6), Riboflavin (Vitamin B2), Vitamin B12. 

God only know what half of these are. The Impossible Burger is essentially an amalgam developed by scientists in a lab somewhere.

Impossible to eat.

The Impossible Burger evoked the Impossible Investment: those same “professionally” managed mutual funds we’ve mentioned on the “How chicken nuggets are made” newsletter. People don’t know what goes inside those funds but they invest just the same. I’m pretty sure they won’t change their minds even if you show them a pie chart with the “diversified holdings” breakdown. That is gross.

Call me old-fashioned but I won’t eat a product engineered by a Silicon Valley startup just as I won’t let a “professional fund manager” manage my hard-earned money. Don’t tell me what to do, show me your personal portfolio instead.

“Jamie, get me one of those fresh-made nuggets you’ve served the kids, please. I don’t want to get back to photosynthesis.”

---

Chart of the Day

Two Impossible Investments

Just like the super-healthy Impossible Burger developed by a Silicon Valley startup, we have the super-professionally-managed mutual funds. Here are two actual pie charts showing the breakdown of real-world mutual funds that hold billions in assets.

Would you put your hard-earned money on one of those?

(don’t tell anyone: the 0.8% on the left and the 0.35% on the right are both labeled “Others”).

---

Video of the day

What is Option Assignment

An Options Assignment is a situation where the option seller has to fulfill the obligation agreed upon in the options contract (…)

---

Today’s line up

Traders Lounge 11PM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

Cash Flow Club Replay

If you missed last night’s episode where Coach Tyler Craig talked about Risk Graphs or would like to watch it again, check it out here.

Halftime Report 12:30PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.

Market Recap

The Market Recap is designed to give you a quick overview of the day that was. While brief, this report is designed to cover all of the major events that drove the markets that day and help you plan for the trading day ahead.

---

Financial freedom is a journey

The Tackle Today series is brought to you by Tackle Trading.

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.

# Sign up now for a 15-DAY FREE TRIAL #

---

Legal Disclaimer

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.