Why this investor describes markets as a 'coiled spring'

8:32 PM ET Thu, 17 Jan 2019

Stocks rose on the back of a Wall Street Journal report that said the U.S. could ease tariffs on Chinese goods, and came off their highs upon denial by American officials. Peter Andersen of Andersen Capital Management says this was like a "pulse test" of markets, and shows potential for a "tremendous rally" when a trade resolution does come.