No. Earnshaw's theorem states that a collection of point charges cannot be maintained in a stable stationary equilibrium configuration solely by the electrostatic interaction of the charges. This was first proven by British mathematician Samuel Earnshaw in 1842. It is usually referenced to magnetic fields, but originally applied to electrostatic fields. It applies to the classical inverse-square law forces (electric and gravitational) and also to the magnetic forces of permanent magnets and paramagnetic materials or any combination, (but not diamagnetic materials).
Diamagnetic materials are excepted because they exhibit only repulsion against the magnetic field, whereas the theorem requires materials that have both repulsion and attraction. A fun example of this is the famous levitating frog (see diamagnetism).
Diamagnetic materials are excepted because they exhibit only repulsion against the magnetic field, whereas the theorem requires materials that have both repulsion and attraction. A fun example of this is the famous levitating frog (see diamagnetism).