Volume Has Spiked In North America This Year

One of the ways we measure volume momentum is by calculating the number of stocks where the 50-day moving average of volume is greater than the 1-year moving average of volume. So far in 2014, we have seen a significant pick-up in volume according to this measure. In many case, volume has spiked to levels last seen in 2011. Below are charts of each sector in descending order starting with the sectors that have seen biggest spike so far this year.