Mr. Wren, meanwhile, doesn't see a significant move higher for stocks over the rest of the year.

WSJ: Jobs Report Slows the Stock Market Rally

"I don't know that it is a right or wrong issue, " Wren said.

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"Our program is to take anyone who isn't a long toss person and turn him into one, immediately, " said Frank Wren, the Braves' general manager.

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But Scott Wren, senior equity strategist at Wells Fargo Advisors, believes softer earnings won't pose much of a hurdle.

WSJ: Jobs Report Slows the Stock Market Rally