Morning Stock Talk - Peroni: Something bullish is afoot

The longer-term outlook is bright on Wall Street, says Eugene Peroni, portfolio manager at Advisors Asset Management. Peroni tells MarketWatch Radio's Larry Kofsky that "when the market is addressing the horizon rather than the immediate, then it indicates that there might be something afoot." And, in this case, Peroni says it's "something bullish afoot" with the market "sensing economic revival a little bit longer-term."

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Dow Jones' MarketWatch Morning Stock Talk discusses the big stock movers, economic data and investment trends with Wall Street's top analysts, strategists and traders. Hear about what's driving the stock market from those in the know..