http://magic.wizards.com/en/articles/archive/daily-deck/anthony-huynhs-blue-black-faeries-2015-04-27

Anthony Huynh's list is your typical Faeries deck and all of the main components are there. Three Thoughtseizes and three Inquisition of Kozileks are your most important cards. They clear the way for your Bitterblossom to come down on turn two. They can stop early aggression by stripping your opponent's hand of burn spells or early creatures.

Some would argue that Bitterblossom is a scary card to play. Most life loss from this deck is caused by your own sources. The self-inflicted damage from Polluted Delta, Watery Grave, and Thoughtseize really adds up. Anthony does a nice job of counteracting that with Batterskull, Wurmcoil Engine, and Sword of Light and Shadow out of the sideboard. Regardless, playing Bitterblossom against a Mono-Red Burn opponent is pretty scary.

Spellstutter Sprite is a great choice for Modern right now. The most played cards in the format are arguably Thoughtseize, Inquisition of Kozilek, and Lightning Bolt; and the Sprite counters them without requiring another Faerie. It wields a Sword pretty well too.