momentum junkie

English

Noun

momentum junkie (plural momentum junkies)

  1. (stock market, slang) Somebody whose motivation is dependent on momentum factor investing.
    • 2009 November 9, George Main, “Canada 2009”, in Opalesque Round Table Series‎[1], page 14:
      Jason brought forth the fundamental criticism that very few managers are able to turn their trades quickly, but instead tend to throw more money at existing allocations. I also ask myself if people are simply momentum junkies; unable to go short, and only willing to take long positions.
  2. (transferred, nonstandard) A road user flaunting his prowess to get ahead of other traffic participants.
    • 2001 September 11, Morton Grosser, “GUEST OPINION: Another angle on car-bike protocol”, in The Almanac‎[2]:
      [M]any bicyclists are momentum junkies. They hate to get off their bikes, as you can verify at any red light where they are forced to stop. They think they have a privileged right to forward motion, and they have elaborate internal rationalizations for breaking the law. This leads to a peculiarly self righteous world view, in which bicyclists demand the right of way from motor vehicles, but refuse to surrender it to pedestrians, as specified by law. […] Dr. Morton Grosser is a financial consultant who lives on Lemon Street in Menlo Park.
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