Bumble Fumble, Stoner Stocks Tumble As Bitcoin Rips & Dollar Dips Everyone and their (female) pet rabbit was excitedly anticipating the Bumble IPO today and while it opened up 77% from its IPO price, it ended the day well below the $76 open price... But it was pot stocks that really got smoked... Source: Bloomberg With TLRY crashing 50%... MJ, the Marijuana ETF, had its worst day ever... Source: Bloomberg Short-focused Biotechs were also whacked today... Source: Bloomberg Everything was going so well, until... The broad market took a dive early on - for now obvious news/level driven reason - and staged a modest rebound from that tumble. Nasdaq outperformed but a late-day panic-buying spree lifted everything else back to unch... The plunge this morning saw another big sell program hit... Source: Bloomberg Energy stocks closed down today... WTF!? Source: Bloomberg TSLA saw some serious OTM Put buying again...but again $800 was staunchly defended... Treasury yields were higher across the curve today, led by the long-end (30Y +3bps), but remain lower on the week... Source: Bloomberg An ugly 30Y auction didn't help... Source: Bloomberg On the other side of the ledger, crypto soared with Bitcoin pushing back above $48 to new highs... Source: Bloomberg And Ethereum back above $1800... Source: Bloomberg The dollar ended the day lower for the 5th straight day - the longest losing streak since August - and back near unchanged on the year... Source: Bloomberg Despite dollar weakness, gold was lower today Silver ended unchanged... And oil dared to fall with WTI back below $58... And finally, remember, it's different this time... but will it end the same? Source: Bloomberg Tyler Durden Thu, 02/11/2021 - 16:00