John,
If I take some figure 8 cable, connect to a DMM, then short the other end of the cable, it will always read zero no matter how you wave the cable around in a magnetic field, that should be obvious .
You could glue that cable and meter to any motor shaft and it still reads zero.
You could solder the end of that cable somewhere on the rim of your homopolar motor, and it still reads zero.
You could solder some other part of of the cable to some other place on the homopolar disk, and it still reads zero.
You could cut the piece of wire that bridges two points soldered above, still reads zero, and this is exactly the meter glue to homopolar motor arrangement.
and
If I take some figure 8 cable, connect to a DMM, then short the other end of the cable, it will read zero.
if I place this cable into a strong magnetic field, then split the cable with a knife, and slowly pull the red wire apart at constant velocity, while keeping the black stationary, then I will read a fixed voltage on the DMM, lets say after I have spread the wire out to a foot or so, I rapidly solder a new red wire in adjacent to the black wire, and cut the original red wire, I now move the new red wire away from the black and read a constant voltage, so if you do this repeatedly (and do the wire changeover sufficiently fast,) you will read a constant DC output.
A different variation would be to have an axle with say ten rigid wires arranged as spokes, the DMM negative lead connect to the axle, The positive lead has two jumper climps. So as the spokes revolve in a magnetic field you attach one crocodile clip to the nearest spoke, and as another spoke approaches you attach the other croc clip to this, then remove the first croc clip, and transfer this to the third spoke when it approaches, this way you have at least one lead attached to a moving spoke at all times and you will get a constant DC output.
Let's repeat with a 100 spoked wheel, and use wire brushes to pick up the nearest spoke, again you will get a constant DC output.
You could extend this to a thousand spoked wheel, which is essentially a solid disk.