NEW YORK (TheStreet) -- The S&P 500 is slightly lower Tuesday following the mixed earnings results companies have reported so far. If earnings come in lower on the year, then the overall market is trading too high, Ritholtz Wealth Management CEO and co-founder Josh Brown and hedge fund manager David Einhorn agreed on CNBC's "Fast Money Halftime Report." The median S&P 500 stock trades at 21 times earnings, amid weakening economic data and declining earnings estimates, Brown added.
Stock Prices Could Become A Real Concern Amid Sluggish Earnings
twocents@thestreet.com (Bret Kenwell), The Street
Tue, 04/21/2015 - 12:26pm
Topics: fast money halftime report. york thestreet the s&p ritholtz wealth management ceo josh brown david einhorn cnbc's fast money halftime warren buffet's top stock buys pete najarian cboe volatility index investments u.s europe japanese stephen weiss short hills capital earnings federal reserve joe terranova virtus investment christine short estimize warren buffett's top dividend stocks paul meeks saturna specifically delta air lines adobe systems facebook microsoft micron sandisk turning international long-term stocks warren buffett is selling spy financial services the he s&p read najarian investors in weiss short partners terranova meeks under armour click market added decline year estimates companies senior current topped sales sector year-over-year tuesday director revenue waiting trading results trades high co-founder buying profits fine protection all-time highs managing attractive portfolio growth premium expectations potential put likes
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