Why Caution Is Critical Amid Market Rally Monday

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Consider this your reminder to express a little caution before giving into the market euphoria Monday. 

Stocks continue to rally in intraday trading on unexpected positive news on Pfizer's PFE coronavirus vaccine candidate. 

Amid a broad move higher, Real Money and Trifecta Stocks' Bob Lang said he is playing particular attention to the industrials and travel stocks. 

But that doesn't mean he's doing any buying. "It's probably a good day to exercise a little bit of caution and not go out and buy some of these names today," Lang said. 

Watch our full panel for additional insight from Bob Lang, as well as Chris Versace, Real Money contributor and co-portfolio manager of Trifecta Stocks, and Jeff Marks, senior analyst of Jim Cramer's Action Alerts PLUS charitable portfolio on Pfizer and what the election of Joe Biden could mean for markets: