Market Rebellion Review: Jon and Pete’s Options Trading Scam
Welcome to the Market Rebellion review. Market Rebellion was founded by two twins called Jon and Pete Najarian.
They love to appear on CNBC to talk about investing. Does this talking mean that someone is a successful trader and investor? Absolutely not!
This Market Rebellion review is a proper analysis of the products that Jon and Pete are selling on their marketrebellion.com website.
After analyzing the website and the people associated with it, we discovered one thing: none of the two has ever had a track record of successful trading.
Furthermore, Jon and Pete are more than glad to endorse the next snake oil on TV for a good promotional fees.
We don’t know for how long Market Rebellion will continue to gleefully convince an older naive audience to invest $16,000 per year on their options trading products.
In fact, I cannot tell how different Market Rebellion is from investment frauds like SJ Options, Trading Template and many others.
One of their most popular trading products is known as Unusual Options Activity by Jon Najarian. The two, Jon and Pete are supposedly going to show their students how to “follow the smart money”.
Unusual Options Activity is basically a talk-throughout-the-day show with Pete and Jon and their “team of analysts” who will also show you how to use their “proprietary Heat Seeker™ algorithm”.
With these fancy names, one would think that their options trading success will be a guarantee. So they will be convinced by these two colorful characters to invest their lifetime’s savings.
So, what exactly is Market Rebellion and who is Jon and Pete?
Well, before we get to the critical part, we’d like you to check out these recommended trading tools.
Market Rebellion Review
Jon and Pete are mostly famous because of their CNBC appearance. They like to wear cheap jewelry and stupid clothes.
For those who want to catch up with the latest stock market news, CNBC is usually their go-to place.
However, for the investor who knows what they want with their investment money, CNBC would serve no useful meaning other than to entertain.
The colorful characters are always jibber-jabbering in a bid to paint the image of successful market analysts and investors.
The colorful characters are always hawking a financial product. If it is not this indicator, it must be that indicator.
Having watched these entertainers on CNBC for a while and writing reviews like this particular one, we’ve learned that there is no relationship between successful investing and appearing on Television, hawking a trading product.
Jon and Pete of Market Rebellion are a bit different from the rest of the characters on CNBC because they instead wear the macho male persona while wearing the image of a gorilla.
They want their audience to believe that they own the stock market and their information is always right. Their puffed up ego is quite intimidating.
Their gorilla-appearance is scary. Both of them are bald-headed but are making up for their loss of hair using long ponytails.
They’re also dying their goatees, probably with the intent of making them appear more masculine. However, the truth is that these acts are giving them stupid, unintended results in the eyes of viewers.
The purpose of this Market Rebellion review is to find out the underlying motive of these two horrible characters.
Are they successful traders or simply marketers who want the financially unsophisticated to send them $16,000 per year?
I repeat my previous answer with a big resounding No! They have no track record of successful trading yet they continue to hawk the following financial products.
Pete Najarian Cash Flow portfolio
This is supposedly the secret formula to generating constant cash flow. Pete proclaims that he can teach you how to become rich like him.
If you want this secret investment formula, just login to the Market Rebellion website and find a trading educator and market analyst called Bill Johnson.
Mr. Bill Johnson will give you tips and investment recommendations which he supposedly learned from Pete Najarian.
And now the cost! If you’re wondering, this investment recommendation service attracts a whooping $3,500 per year.
Unusual Option Activity
Under this category, Jon and Pete are hawking a magical trading indicator called “Heat Seeker” trading indicator.
The “Heat Seeker” trading indicator is supposed to be a truly majestic money-making tool.
The sales page claims that if you purchase this product, you’ll be a part of an exclusive team of traders who are minting thousands of dollars by trading with the “Heat Seeker” indicator.
TNT Options and TNT Options Pro
Market Rebellion is hawking a product for people who like to talk. For $500 per year, you have access to an investment education expert every Tuesday morning.
If you want to do more than just talking to this investment education counselor, Market Rebellion will give you the option of paying for TNT Options Pro.
Here, you’ll participate in weekly conversations and also get trading recommendations. TNT Options Pro costs $1,500 per year.
Pete and Jon proclaims that TNT Options Pro is a guarantee that you will explode your profits!
Smart Money Advantage
Promotion material written by Pete and Jon proclaims that they know what the “smart money is doing”. They also claim that they have knowledge of what the smart people are doing.
Now you can make explosive profits by taking advantage of Market Rebellion’s Smart Money Advantage secret.
Smart Money Advantage is touted by “lead financial analyst” called Ryan Mastro.
Finra.org website has listed him as a stock broker who held a license for 3 years before letting go. He no longer has a license. Ryan appears to be an expert marketer and financial product hustler.
He owned a trading educational company called Active Options Investing and also got involved with the Shadow Trader scam.
Market Rebellion Phoenix Portfolio
This financial product is for people who want to build a portfolio of stocks that guarantee handsome returns.
Purchasing puts against a stock portfolio will supposedly guarantee the stock portfolio to rise, thereby making profits as projected by Market Rebellion.
The cost of Phoenix portfolio and accompanying products is $14,000 per year.
Just in case you don’t know, Market Rebellion is not informing investors of the fact that any gains made on a portfolio are likely to be stripped away by the cost of puts in the long term.
Market Rebellion coaching with Jon and Pete
If you still want more, you can get a chance to bask in the twin’s fountain of oozing testosterone.
Marketing materials proclaim that for $10,000, you can be “grouped together’ into a private yacht with Pete and Jon.
Breakfast and dinner is served and you get two days of stock trading education.
You can ask any question you like. With this outdoor course, you will enjoy a cruise in a private yacht, sucking the balls of Jon and Pete.
Market Rebellion one-on-one coaching
For $900, Pete and Jon will let you talk for 3 hours about all your problems and questions.
Since personal time with Pete and Jon is experienced in a separate product (highlighted above), you don’t expect one-on-one coaching to cater for all your fantasies.
Time Bandit and Time Bandit Pro
In this product, Pete and Jon of Market Rebellion are hawking the most powerful options trading strategy ever known to mankind. The options trading strategy touted by Market Rebellion promotion material is called Iron Condor.
This super-secret options trading strategy can be accessed at a cost of $500 per year.
If you feel that you still need more of this secret trading strategy, Market Rebellion will ask you to pay additional $2,000 per year which caters for 2 to 4 trade ideas sent directly to your email.
The ugly and dirty
John Caruso is a former convict who comes from a lineage of con artists dating back to the 90s.
An attorney served Mr. John Caruso of Zima Digitial Assets with a 3-year jail term for extorting and blackmailing older, rich men and convincing them to part with large sums of money or risk their balls getting crashed.
As funny as this sounds, this is what John Caruso used to do (according to this Arizona news website).
Now, Mr. John was also a good buddy of another serial con artist called Zach Salter.
Mr. Zach Salter has spent the better part of his young life running petty scams in the state of Arizona.
Later in 2018, the two came together to create a plan.
They wanted to scam investors by re-inventing themselves as money managers and luring unsuspecting consumers to invest in a Cryptocurrency trading scam.
This is how Zima Digitial Assets was born. John and Zack leveraged on Instagram to deceive unsuspecting investors.
The first sum of money that investors were scammed of was used to rent a Lamborghini and a Bentley.
These cars were supposed to be used as social proof.
The next thing they did was to rent a mansion in Scottsdale Arizona which was also used as social proof.
Next, they reached out to Jon and Pete Najarian of Market Rebellion, formed a partnership which saw Jon and Pete promoting their service.
Of course no background research was done prior to forming this partnership.
When we contacted Zima Digitial assets, we received a wacky response.
“You can trust us because the Najarians do”
They stated that they offer 25% monthly returns and investors are supposed to trust them because Jon and Pete of Market Rebellion are endorsing them.
The scamming!
As soon as Jon and Pete Najarian of Market Rebellion endorsed the scam, dozens of investors began reporting that it was impossible to cash out their money from the platform. This is exactly what a scam called Blue Trading (they appear to have resurfaced as West Capital Trading) did.
A US Attorney reports that at least $7.5 million was taken from 100 investors. This money was spent on casinos, flashy cars, rented mansions, advertising and so on.
Following this incident, the owners of Zima Digitial assets were arrested.
And how much did these two bozos receive to agree promoting such a massive scam as Zima Digitial assets? It’s not known but at least the plan they hatched is now obvious.
Conclusion
Market Rebellion is run by two characters who have no real track record of investing apart from appearing on CNBC.
There is no difference between these carnival barkers and others we have reviewed here before. CNBC does not appear to do any due diligence before parading these colorful characters on TV.
They appear to be only interested in drawing more eyeballs for the sake of advertising revenue.
If you are a consumer, you don’t have to believe every story you see on the Television. Just because you can see them on CNBC does not mean they are successful investors themselves.
The Najarians are simply scam artists.
Their Market Rebellion is an attempt to hustle the already financially-strained of their lifetime’s savings on the promise that money will be generated. Avoid!
And thanks for reading our Market Rebellion review. We would like to hear your feedback.
David Colpitts
Thanks for the information. I have received a number Emails from Jon and Pete.
I am an experienced investor, and do not need to participate in a scam. Thanks for your good work.
David Colpitts
dennis nealon
thanks for peeling the onion, if you will
Dave
I second that, thank you I am not going to donate them and I was going to pay for this to charity seems a better use of wasted resources
James M Burns
As a watcher of CNBC and their program every day Are you saying that it’s all fluff in that none of the advisers Like Josh Brown do not give good advice Also I see John or P making trades on the show are you saying all these traiged do not make money Anyway with service would you recommend since you’re a service that reviews these things what service would you recommend for options trading
JEFF
I could not be happier. I use the data I get to make my own decisions. I spent a 1000.00 for a year and have made that back 25 times over in a few months. I just take their trades and set a sell order for 20% as soon as I open the trade. It gets hit 8 out of 10 trades. I use to risk a lot to make a little, now I invest a little to make a lot. I go to cash every day. I day trade using spy options, My goals is to simply make 500.00 a day in my IRA account. I get immediate data from the Market Rebellion Team all day long. I use Motley Fool for dollar cost averaging hold forever stocks. I use Market Rebellion only for short term trades. VERY HAPPY! 5 STARS!
dennis nealon
thanks for comment
dennis nealon
we need to see more replies from experienced traders. is anyone hedging with silver or gold in the hard form,etc.?
Jay C
Interesting take. Interesting because you don’t provide ANY information on YOUR level of experience, trading knowledge, or what your expectations are from a particular service. In fact, most of your “article” is devoted to spitting vitriolic hate on not only this service, but on the financial news media in general. So let me provide some insight from a very experienced and successful trader/investor with extensive knowledge of technical analysis who has also taught technical analysis and been affiliated at one point with a trading educational firm. The first thing people need to understand is that you will NEVER find a service where you can just take every trade opportunity they call out and expect to be successful. Everyone needs to do the WORK to learn how to trade. And don’t expect it to all come to you overnight. The market is willing to hand out lessons to all who choose to participate, but they certainly don’t come cheap. Your early goals in trading need to be educating yourself, NOT making money. And to that end, you should aim to educate yourself as inexpensively as possible, and that means extensive reading, studying and, yes, PAPER TRADING so you learn your lessons without real money on the line. The problem is that most people find that boring because they don’t have any real risk, and they also don’t want to put the work in. And that is the REAL reason why most active traders don’t make money (even though its easier now than it was when commissions were high). What people should focus on first is how to get educated. Once you have some basic knowledge, then you need to start working on developing a trading plan. And yes, this needs to be a written plan that you follow specifically, including what types of trades you will take, what your entry point is, what your exit strategy is both for taking profits but also cutting your losses if you are wrong, minimum risk reward ratio on each trade, how you will manage the trade, etc. If you want to take shortcuts that is your option, but it increases the chance that you will fail. As far as this service goes, I can’t speak directly as I have not used it yet but I am about to sign up for the pro version. Yes, it’s $3500 per year but they also have a 30 day money back guarantee. But I know exactly what I am looking for. All I want is more eyes steering me to possible opportunities. It is then up to ME to pull up the charts and do my own analysis and then decide 1st off if there is a possible opportunity, and then what the best strategy that fits my trading plan will be. So, I have 30 days to see what things they bring to my radar screen, and if there are not some quality nuggets in there that lead to me putting trades on, then I will simply cancel the service. And that does not mean that any positions I enter have to be profitable. It just means they have to be things that fit my trading plan and that I might not have seen through other scanning methods. If the opportunities are there, the service will have value to me because that’s what I am looking for and I will make far more over the course of a year than the price they are charging. However, every potential customer needs to know what it is theyre looking for and be able to define it, and then they can be in a position to decide what services might be right for them from whatever organisation might be offering them. As far as your comments on CNBC go, I honestly have no idea what you are talking about. It seems to me that you are expecting people to come on TV and tell you exactly what to buy or sell to make money 100% of the time without you ever having to think or do any of the work required to be profitable. I get alerted to lots of good opportunities just from watching CNBC all day long, including some that just pass by on the ticker, but it is up to ME to go do the analysis work when something catches my attention. I will say that for the lazy folk out there (and the author of this “article” i would include in that category) with some knowledge about options trading, I would highly recommend watching the Options Action program every Friday. They do a great job of explaining the opportunities they present both from a technical analysis standpoint and from an options strategy standpoint, and you can easily see what the risk/ reward ratio is for any of the trades they propose. I have personally had a batting average over 85% from trades I have entered based on opportunities they presented over the last ~1 year , BUT I don’t BLINDLY FOLLOW THEIR TRADES! Sometimes I put on a position as they suggest, but other times I modify to suit my own trading plan, and also means that I don’t take trades where I don’t feel the technical analysis is strong enough to warrant my capital. If you have the ability to go back and watch some prior episodes from the last 4 months or so, Check out their trades on KRE, UPS, XLU, and MMM. Nobody should kid themselves into believing that it is easy to make money actively trading, and most people are better off taking longer term positions with a balanced portfolio of individual stocks or ETF that gives them good diversification. But make no mistake there are people who are substantially successful at doing this, but they are those who have been willing to invest the time and effort into learning how to be successful, just like any other endeavour in life. Hope some folks find this helpful, good luck, good trading, and stay safe!
Ted
Every single person who spends their time blabbering in media claiming to be great at investing or business or real estate is a COMPLETE SCAM ARTIST and that is a fact. Successful people do NOT waste time in media. They either spend their valuable and limited time doing what they do best or in leisure. People who are NOT successful become marketers so they spend all of their time in media to promote themselves. This is a fact. You cannot name even a single individual who makes regular appearances in financial media who is not a scam artist. Just stay away from these idiots.