The "Halftime Report" closed the show with their top thoughts ahead of the FOMC minutes.
Joe Terranova is watching for a late-day market reversal.
Steve Weiss finds European markets troubling.
Jon Najarian said he's going with liquidity and not Europe.
Trader disclosure: On August 19, 2015, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Halftime Report" traders: PETE NAJARIAN: Long AMAT, AAPL, BAC, BMY, BP, CSX, DISCA, DKS, FOXA, GE, KKR, KO, LLY, MRK, PEP, PFE, he is long calls AAPL, ABX, ALK, AMKR, BBY, BEE, BHP, CRM, CSX, CY, DAL, DVN, ETFC, EXC, FB, GILD, HIG, LC, LM, LULU, MU, P, PG, PNR, RAD, RF, SYY, UAL, UPS, VLO, VZ, WFC, WYNN, XLF, VLO, ZIOP, he is long puts AUY, CTL, FCX, RIG. Today he bought ALK calls. JON NAJARIAN: Long AEP, ASNA, GE, PG, POST he is long calls AAL, GE, LM, MET, PFE, ZIOP, he is long puts HEDJ, VALE. Today he sold ADSK, DD, EXPR, MRVL, SO, SUNE, WFC calls and JCP puts and he added MET calls. STEVE WEISS : Long AAL, BAC, C, DATA, ENDP, LPLA, ZTS. He is short TTM, VLKAY. JOE TERRANOVA: Long VRTS.