'Fast Money' traders Bonawyn Eison and Mike Khouw share their 2026 trading acronyms

Watch on YouTube ↗  |  January 16, 2026 at 23:15  |  3:32  |  CNBC
Speakers
Bonawyn Eison — Fast Money trader
Mike Khouw — Chief Market Strategist, Fundstrat Global Advisors

Summary

On CNBC's Fast Money, traders Bonawyn Eison and Mike Khouw reveal their 2026 trading acronyms, BULL and FASTER. Bonawyn's BULL centers on counter-trend, headline-risk trades in Bitcoin, electric-supply/uranium exposure, Eli Lilly, and Lockheed Martin. Mike's FASTER calls for rotating away from the AI trade into non-AI companies with above-market sales growth and cheaper valuations, naming Fluor, Alcoa, SLB, Trade Desk, Exelon, and Ralph Lauren. Fluor receives extra detail for its utility exposure and NuScale stake.

  • Bonawyn Eison presents BULL, emphasizing counter-trend and headline-risk trades.
  • BULL includes Bitcoin, URA/electric supply, Eli Lilly, and LMT.
  • Bitcoin thesis: sharp decline but geopolitical/debasement risk could lift it.
  • Eli Lilly is framed as part of a two-horse weight-loss drug race with Novo.
  • LMT is tied to geopolitical risk and possible higher U.S. defense spending.
  • Mike Khouw presents FASTER, a rotation away from AI into cheaper, faster-growing non-AI companies.
  • FASTER names Fluor, Alcoa, SLB, Trade Desk, Exelon, and Ralph Lauren.
  • Fluor is highlighted for utility plant exposure and its stake in NuScale.
Ideas
Bonawyn Eison Fast Money trader 1:11
Bitcoin can rise on debasement, geopolitical risk.
Bitcoin has fallen sharply, but Bonawyn sees a path higher because of geopolitical risk and currency-debasement talk, and he frames it as a counter-trend, headline-risk trade within his BULL acronym.
BTC HIGH
Bonawyn Eison Fast Money trader 1:22
URA benefits from electric supply buildout.
Bonawyn uses the U in BULL for electric-supply exposure (URA/uranium), pointing to a power/electricity announcement. He says net winners and losers are unclear, but he believes electric supply is 'all hands on deck,' supporting uranium exposure.
URA MED
Bonawyn Eison Fast Money trader 1:32
Eli Lilly favored in weight-loss duopoly.
Bonawyn includes Eli Lilly as the first L in BULL, arguing the obesity/weight-loss drug market is a two-horse race between Novo and Lilly; he acknowledges drug-price negotiation headlines can swing the stock either way.
LLY MED
Bonawyn Eison Fast Money trader 1:41
Geopolitical risk can lift defense spending.
Bonawyn uses LMT as the second L in BULL. The stock has whipsawed on political headlines such as Trump opposing buybacks/dividends, but he sees geopolitical risk potentially pushing U.S. defense spending higher, which supports the shares.
LMT HIGH
Mike Khouw Chief Market Strategist, Fundstrat Global Advisors 2:24
FASTER basket: non-AI growth at discount.
Mike's FASTER acronym is a rotation away from the AI trade into companies whose year-over-year sales growth is expected to exceed the economy and S&P and whose valuations are cheaper than the S&P. The six expressions are Fluor, Alcoa, SLB, Trade Desk, Exelon, and Ralph Lauren.
AA SLB TTD EXC RL FLR HIGH
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This CNBC video, published January 16, 2026, features Bonawyn Eison, Mike Khouw discussing BTC, URA, LLY, LMT, AA, SLB, TTD, EXC, RL, FLR. 5 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Bonawyn Eison, Mike Khouw  · Tickers: BTC, URA, LLY, LMT, AA, SLB, TTD, EXC, RL, FLR