Real Story: Earnings, M&A and Housing Drama

At the onset of first-quarter earnings season, the market is technically strong, John Bollinger of Bollinger Capital Management tells Aaron Task on Tuesday's The Real Story podcast.

"The market looks pretty good in terms of its basic structure -- major averages are approaching new highs -- and we have strong technical support," Bollinger says.

The underlying story is there has been a "long string of better-than-expected economic reports, which creates a positive psychological tone," according to the veteran technician. "People have consistently underestimated the stock market and the economy, [and so] a rapid-fire decline meets support, because [the decline] is met by better-than-expected news." ...