Friedenthal Financial 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
GLOBAL X FDS	Global X MLP ETF	37950E473	1,506	191,063	SH		SOLE	N/A	0	0	191,063
INVESCO EXCHANGE TRADED FD TR	Invesco Emerging Market Debt ETF	46138E784	749	25,336	SH		SOLE	N/A	0	0	25,336
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt Utilities ETF	46137V274	1,911	17,981	SH		SOLE	N/A	0	0	17,981
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt Cons Disc ETF	46137V381	1,997	17,950	SH		SOLE	N/A	0	0	17,950
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt Cons Staples ETF	46137V373	2,028	13,892	SH		SOLE	N/A	0	0	13,892
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt Energy ETF	46137V365	1,868	39,031	SH		SOLE	N/A	0	0	39,031
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt Financials ETF	46137V340	1,968	41,988	SH		SOLE	N/A	0	0	41,988
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt Health Care ETF	46137V373	1,957	8,835	SH		SOLE	N/A	0	0	8,835
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt Industrials ETF	46137V324	2,081	15,347	SH		SOLE	N/A	0	0	15,347
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt Materials ETF	46137V316	2,067	17,818	SH		SOLE	N/A	0	0	17,818
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt Technology ETF	46137V282	2,045	10,325	SH		SOLE	N/A	0	0	10,325
INVESCO EXCHANGE TRADED FD TR	Invesco High Yield Corporate Bond ETF	46138E719	674	34,989	SH		SOLE	N/A	0	0	34,989
INVESCO EXCHANGE TRADED FD TR	Invesco Preferred ETF	46138E511	1,027	68,438	SH		SOLE	N/A	0	0	68,438
INVESCO EXCHN TRD SLF IDX FD	Invesco HY Corporate Bond 2021 ETF	46138J809	680	27,568	SH		SOLE	N/A	0	0	27,568
INVESCO EXCHN TRD SLF IDX FD	Invesco Senior Bank Loan ETF	4613IG508	856	37,524	SH		SOLE	N/A	0	0	37,524
INVESCO EXCHN TRD SLF IDX FD	Invesco BulletShares 2024 Corp Bnd ETF	46138J841	347	16,185	SH		SOLE	N/A	0	0	16,185
ISHARES TR	iShares Aerospace & Defense ETF	464288760	4,331	19,500	SH		SOLE	N/A	0	0	19,500
ISHARES TR	iShares Barclays 20+ Year Treasury ETF	464287432	3,960	29,231	SH		SOLE	N/A	0	0	29,231
ISHARES TR	iShares Barclays 710 Year Treasury ETF	464287440	4,020	36,468	SH		SOLE	N/A	0	0	36,468
ISHARES TR	iShares Barclays Aggregate Bond Fund ETF	464287226	855	7,613	SH		SOLE	N/A	0	0	7,613
ISHARES TR	iShares Barclays Intermediate Credit ETF	464288638	4,035	69,593	SH		SOLE	N/A	0	0	69,593
ISHARES TR	iShares Int'l Aggregate Bond ETF	46435G672	3,877	70,767	SH		SOLE	N/A	0	0	70,767
ISHARES TR	iShares Investment Grade Corp Bonds ETF	464287242	8,386	65,536	SH		SOLE	N/A	0	0	65,536
ISHARES TR	iShares MSCI Emerg Mkts Min Volatility ETF	464286533	6,541	111,509	SH		SOLE	N/A	0	0	111,509
ISHARES TR	iShares MSCI ACWI ETF	464288257	296	3,735	SH		SOLE	N/A	0	0	3,735
ISHARES TR	iShares MSCI EAFE Min Volatility ETF	46429B689	6,352	85,216	SH		SOLE	N/A	0	0	85,216
ISHARES TR	iShares MSCI USA Min Volatility ETF	46429B697	6,747	102,856	SH		SOLE	N/A	0	0	102,856
ISHARES TR	iShares Short Maturity Bond ETF	46431W507	309	6,146	SH		SOLE	N/A	0	0	6,146
ISHARES TR	iShares US Home Construction ETF	464288752	4,372	98,422	SH		SOLE	N/A	0	0	98,422
PIMCO ETF TR	Pimco Enhanced Short Maturity ETF	72201R833	293	2,886	SH		SOLE	N/A	0	0	2,886
SCHWAB STRATEGIC TR	Schwab REIT Fund ETF	808524847	2,207	48,011	SH		SOLE	N/A	0	0	48,011
SCHWAB STRATEGIC TR	Schwab US Aggregate Bond ETF	808524839	12,318	230,549	SH		SOLE	N/A	0	0	230,549
SCHWAB STRATEGIC TR	Schwab US ShortTerm Treasury Fund ETF	808524862	572	11,323	SH		SOLE	N/A	0	0	11,323
SCHWAB STRATEGIC TR	Schwab US Small Cap ETF	808524607	6,464	85,462	SH		SOLE	N/A	0	0	85,462
SCHWAB STRATEGIC TR	Schwab US TIPS ETF	808524870	1,810	31,959	SH		SOLE	N/A	0	0	31,959
SELECT SECTOR SPDR TR	Sector SPDR Consumer Staples ETF	81369Y308	302	4,795	SH		SOLE	N/A	0	0	4,795
SELECT SECTOR SPDR TR	Sector SPDR Technology ETF	81369Y803	338	3,688	SH		SOLE	N/A	0	0	3,688
SELECT SECTOR SPDR TR	Sector SPDR Communicaton ETF	81369Y852	452	8,425	SH		SOLE	N/A	0	0	8,425
SELECT SECTOR SPDR TR	Sector SPDR Utility Select ETF	81369Y886	4,458	68,995	SH		SOLE	N/A	0	0	68,995
SPDR SP 500 ETF TR	SPDR S&P 500 ETF	78462F103	1,428	4,438	SH		SOLE	N/A	0	0	4,438
SPDR SERIES TR	SPDR Barclays Municipal Bond ETF	78464A458	931	18,412	SH		SOLE	N/A	0	0	18,412
SPDR SERIES TR	SPDR Barclays Short Term Muni Bond ETF	78464A425	2,156	43,902	SH		SOLE	N/A	0	0	43,902
SPDR SERIES TR	SPDR Long Term Treaasury ETF	78464A664	356	9,155	SH		SOLE	N/A	0	0	9,155
SPDR SERIES TR	SPDR S&P Biotech ETF	78464A870	4,386	46,110	SH		SOLE	N/A	0	0	46,110
VANGUARD BOND INDEX	Vanguard Bond Index Fund ETF	921937835	854	10,183	SH		SOLE	N/A	0	0	10,183
VANGUARD BOND INDEX	Vanguard Corporate Bond ETF	92206C870	3,687	40,372	SH		SOLE	N/A	0	0	40,372
VANGUARD BOND INDEX	Vanguard Long Term Bond ETF	921937793	4,324	43,089	SH		SOLE	N/A	0	0	43,089
VANGUARD CHARLOTTE FUNDS	Vanguard Total Intl Bond Market ETF	92203J407	942	16,641	SH		SOLE	N/A	0	0	16,641
VANGUARD INDEX FUNDS	Vanguard REIT ETF	922908553	4,074	43,901	SH		SOLE	N/A	0	0	43,901
VANGUARD INDEX FUNDS	Vanguard Mid Cap ETF	922908629	299	1,677	SH		SOLE	N/A	0	0	1,677
VANGUARD TAX MANAGED INTL FD	Vanguard Europe Pacific ETF	921943858	714	16,203	SH		SOLE	N/A	0	0	16,203