Overtime
Mailtime
Good morning,
The Ice-Pocalypse of 2026 came and went with little fanfare here in Charlotte, so thankfully, I’m coming to you with full capabilities and without the assistance of an inverter generator to power my laptop and wifi.
I know not everyone got as lucky, and if that was you or your family, I hope you’re staying warm and safe, and things return to normal this week.
This week’s Overtime report is Mailtime, which for our new readers and subscribers, is your chance to submit market-related questions and chart requests and get my thoughts on them.
No market questions this week, and only a handful of chart requests, so if you missed your chance, feel free to send them in, and I’ll try to address any single stock chart requests in the Thursday Stock Trends report.
Let’s see what you’ve got!
Chart Requests
ACHR: Archer Aviation
Archer isn’t a great chart. It’s trapped below the 200-DMA in absolute terms, and broken support and the 200-day in relative terms. The only thing for bulls to hang their hat on right now is an uptrend line from the November lows. But nearly any more downside from yesterday’s close will break that and risk a retest of those lows near $6.55.
AMZN: Amazon
Amazon hasn’t been anything special in relative terms, but has outperformed most of the Mag 7 in recent months. The stock is coming to the apex of a multi-month triangle ahead of next Thursday’s earnings, and the resolution has the potential to start a major leg higher, or throw it back in the range below $236. Absent the earnings wildcard, I’d have a bias toward it breaking out higher.
