Day Trading

As is the common topic at the current time, the Corona Virus has had massive influences on the economy, both globally and nationally. We have all seen the headlines about how stores are selling out of food, water, soap, and for whatever reason, toilet paper. These massive influxes in selling are conditions of very high demand, which lead to massive profits for companies.
Theses good producing companies, Dove, Dawn, Charmin, Nestle, and others have made profits, and are staying afloat while the stock market generally crashes (they all have dropped around 50% as much as many other stocks since the start of the pandemic), but the true victors of this event are the smaller drug and medicine companies. These companies have been up and down in the markets with climbs as they begin to test new vaccines, and drops as they fail. These ups and downs have been predictable and constant, things that short term investors love to see.
Day trading is the practice of buying a stock, planning to sell it within the next few days or weeks, as opposed to the normal method of holding for months or years before selling. With the current patterns of medical and pharmaceutical companies day trading has become an incredible lucrative and safe investment pattern. Companies such as INSP have been able to go up 5% in the past day with announcements of new vaccines, and if they do well, stock goes up and people get out, if it goes bad, then the stock plummets, and more people get it. These companies,s as long as they do not bankrupt, will eventually release a new thing, and the price will go back up.
In this current economic event, medical companies are highly volatile, but never dipping too far down, allowing for people who are quick with moving money to profit very well.