Morning Stock Talk - Today's news is old news, which amounts to no news

"The market's really trying to get a handle as to whether the better economic news and the better earnings news has been already priced into the market," and Robert Pavlik, chief market strategist at Banyan Partners says it likely has. Pavlik tells Andrew O'Day investors successfully forecast a strong earnings season and already have made their portfolio moves in anticipation. Right now the good news we are getting almost every day is simple confirmation.

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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..