The stock market declined on Monday after reports that the U.S. seized an Iranian-flagged vessel, sparking worries about the ceasefire’s stability and pushing oil prices higher.
Overall, S&P 500 fell 0.2% to 7,109, while NASDAQ decreased 0.3% to 24,404.
Tweet of the Day
Credo Technology $CRDO Soars as it is Finally Recognized as an Optics Leader | https://t.co/4mukLG5rbl
— SchoolofHardStocks (@SchoolHardStock) April 20, 2026
Chart of the Day
Here is the one-year chart of Old Dominion Freight Line (ODFL) as of February 16, 2026, when the stock was at $193.
Old Dominion Freight Line is one stock to keep an eye on as the US freight market has turned up. Trucking volumes are surging in the US, as tariffs have helped the manufacturing sector. Right now, the company is experiencing headwinds from a difficult freight environment.
ODFL stock has rebounded from $130 last quarter to $193 this quarter, but the stock’s fundamentals are still poor.
Last quarter, profit growth was -11% as the Less-than-Truckload (LT) carrier reported declines in shipments per day (-10%), weight per shipment (-1%), and LTL tons per day (-11%), resulting in a 6% drop in revenue.
Management remains cautiously optimistic about a gradual recovery in freight demand through 2026. Old Dominion Freight Line’s ongoing investments in new service centers, equipment, technology, and its workforce position the company well to support customers as demand improves.
ODFL is on the radar for the Conservative Growth Portfolio.
