Market Misfits is where real traders talk real markets. No fluff, no hype, just raw insights from those who live and breathe trading. Hosted by Joe Pokrzywa from Steamroom Trading, this podcast cuts through the noise with in-depth conversations on what’s moving the market right now and exclusive interviews with traders who have made it to the top.
From hard-hitting strategies to the craziest market stories, Joe and his guests—top traders, educators, and market pros—break down the wins, the losses, and the lessons you won’t hear anywhere else.
If you trade stocks, options, or futures, Market Misfits delivers the unfiltered truth from inside the world of trading. Subscribe now!
AI Mania, Market Extremes, and the SpaceX IPO ft. Wall St. Jesus (EP. 25)
Joe, Smiddy, and Wall St. Jesus return to break down one of the most extreme market environments in years. The discussion dives into the relentless rally in semiconductors and AI names, whether the trade has become dangerously crowded, and why some of the biggest winners could also become the biggest source of risk.
The crew also tackles the upcoming SpaceX IPO, how passive index flows could impact the stock, and whether the hype surrounding the deal is justified. Along the way, they discuss sentiment extremes, volatility positioning, retail speculation, and what could trigger the next major move in markets.
Plus, thoughts on the Citron Research verdict, Andrew Left's conviction, and what it means for traders, analysts, and market participants moving forward.DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.
8 Apr 2026
Gamma Moves, Oil Shock, and Fed Pressure (EP. 24)
Joe and Smiddy break down the mechanics behind a recent market rally that had little to do with headlines—and everything to do with dealer positioning. From the JPM collar roll to zero DTE gamma dynamics, they walk through how a single catalyst turned into a much larger move once key levels were breached.
They then zoom out to the bigger picture, discussing rising oil prices, geopolitical tension with Iran, and what it all means for volatility. The conversation also dives into the Fed’s position, the limits of policy, and why the macro backdrop may be more fragile than it appears.
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.
12 Mar 2026
Pinned Index, Extreme Skew, and March OpEx (EP. 23)
Joe and Smiddy return after a brief break to break down the strange market environment traders have been navigating. While the major indices have gone nowhere for months, individual stocks have been moving aggressively beneath the surface, creating one of the highest dispersion environments since the financial crisis.
They discuss how dealer gamma positioning, Vanna effects, and the upcoming March OPEX are helping keep the market pinned despite rising volatility and chaotic headlines. The conversation also dives into skew reaching extreme levels, why some strategists see a potential bullish risk reversal setting up, and how traders are navigating expensive hedges in a market filled with geopolitical uncertainty.
Finally, they explore the macro forces in the background — from oil shocks tied to Iran tensions to the global safe haven scramble across Treasuries, gold, and even Bitcoin — and what it could mean for volatility and market structure in the weeks ahead.
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.
Who has been a guest on Market Misfits
Names identified in recent episode analyses. Showing up to five guests.
Chris Cady
Marsh
Ron Friedman
Alec "Smiddy" Smidt
Reach and audience
Public platform figures. Ratings count people who left a rating, not total listeners.
Apple Podcasts (US)
5.0 / 5
7 ratings
Spotify
5.0 / 5
11 ratings
Podcast Authority Score: 28 / 100
A composite of feed quality, social presence, YouTube performance and engagement. Read the methodology.
Quality
35
Social presence
0
YouTube
0
Engagement
51
Contact Market Misfits
Guest appearances
Books guests
Based on episode analysis; this does not confirm that the show is currently accepting guests.
Questions about Market Misfits
Who hosts Market Misfits?
Joe and Smiddy and Wall St Jesus and Charlie Bathgate and Wall St. Jesus host the show. Published by Steamroom Trading.
How often do new episodes come out?
The show publishes weekly, based on its RSS feed.
Does Market Misfits take guests?
Yes. Guests have been identified in episode analyses.
Host of Market Misfits?
Claim your podcast to manage its listing and keep your show details accurate.
Pod Engine is an independent podcast discovery and analytics service and is not affiliated with or endorsed by this podcast. Artwork and show content belong to their owners. Full legal notice.
Explore this show Podcast research with Pod Engine
