Sharemarket update May 2014

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Running Time: 7:08

Date: 01/05/2014

Recent sharemarket wobbles are no cause for panic.

We're reminded by Elio D’Amato, CEO of Lincoln Stock Doctor, that stockmarkets don't move in straight lines forever, but the recent corrections are short term and the outlook for 2014 remains positive.   

It's bank reporting season, and on the back of strong retail banking, Elio expects growth in dividends from the banks. He also allays investor fears over the new phenomenon of "high frequency trading" and provides his current stocks to watch.