So just to be clear what happened here. A couple of days ago a rumour came out that Trump was considering a 90 day pause. This was picked up and reported and the market went up dramatically. The White House then said the rumour was fake news and the market went back down.

This is how you do securities fraud on a gargantuan scale.

Step 1: You announce enormous tariffs to shake ordinary people out of the market because they can't afford to lose any more money

Step 2: You leak that you might relax tariffs to see how much it affects the market so you know what positions to take for the real thing

Step 3: You deny the rumours as fake news so the market goes back down

Step 4: You give your inner circle 20 minutes prior warning to place counter intuitive bets on a huge upswing during extreme market pessimism, then relax tariffs

Step 5: Collect >100x returns

Step 0 would actually be to make sure you've already decapitated/ installed loyalists in the regulatory bodies meant to stop this kind of thing

A victory for Main Street over Wall Street brought to you by Orange Jesus!