The CNBC "Fast Money" traders debated whether to buy into retail stocks on Cyber Monday or look outside the sector.
A key retail ETF is up more than 9 percent in the past month as people hit the stores for holiday shopping.
Trader Brian Kelly said he pared a lot of his positions on Monday and sold out of the Financial Select Sector SPDR Fund, taking his profits off the table. He also took positions in gold miners and silver funds, which he said are promising investments with higher inflation on the horizon.
Pete Najarian is long calls BLL, BZM, CNX, CS, DISH, ETP, FTR, GLUU, KMB, MRO, MT, MUR, NKE, RIO, STX, TV, TWTO, TWTR, WFT, EEM, XLF, stock: AAPL, BAC, BLL, DIS, DISCA, GE, KMI, KMI.A, KO, LUX, MRK, MSFT, PEP, PFE and puts: CAT.
Brian Kelly is long bitcoin, CLR, GDX, SLV.
Dan Nathan is long XHB Jan put spread, XLU Dec call spread, XLK Jan put spread, XRT Jan put spread, XLE Jan call spread, MCD Dec/Feb put calendar.
Guy Adami is long CELG, EXAS, GDX, INTC, Guy Adami's wife, Linda Snow, works at Merck.