All 30 Dow stocks participated in yesterday's big rally in the wake of the European Central Bank's decision to support its weaker economies through a bond-purchasing program. Yet although the impact of a stronger Europe is unquestionably positive for U.S. stocks, that doesn't mean the stock market is going to move straight up from here. Even with troubling employment data, the Dow Jones Industrials
Still, many stocks weren't able to hold on to all their gains from yesterday. Poor earnings forecasts were the primary factor behind two of the big losers on the day. Kraft
Meanwhile, Intel
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Big one-day losses can be warning signs of future problems or unique opportunities to capture good values. The real story, though, takes a much longer-term perspective to capture. Microsoft, for instance, is banking on Windows 8 for a lot more reasons than just trying to recapture its PC glory. Find out everything you need to know about the software giant in the Fool's premium report on Microsoft.