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 FUNDS	Global X MLP - ETF	37950E473	949	34,861	SH		SOLE	N/A	0	0	34,861
INVESCO EXCHANGE TRADED FD TR	Invesco Emerging Market Debt - ETF	46138E784	583	21,782	SH		SOLE	N/A	0	0	21,782
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Utilities - ETF	46137V274	1,358	14,929	SH		SOLE	N/A	0	0	14,929
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Cons. Disc. - ETF	46137V381	1,443	16,259	SH		SOLE	N/A	0	0	16,259
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Cons. Staples - ETF	46137V373	1,364	10,059	SH		SOLE	N/A	0	0	10,059
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Energy - ETF	46137V365	1,163	41,447	SH		SOLE	N/A	0	0	41,447
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Financials - ETF	46137V340	1,234	33,123	SH		SOLE	N/A	0	0	33,123
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Health Care - ETF	46137V373	1,436	6,460	SH		SOLE	N/A	0	0	6,460
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Industrials - ETF	46137V324	1,399	11,666	SH		SOLE	N/A	0	0	11,666
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Materials - ETF	46137V316	1,684	16,508	SH		SOLE	N/A	0	0	16,508
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Technology - ETF	46137V282	1,425	7,157	SH		SOLE	N/A	0	0	7,157
INVESCO EXCHANGE TRADED FD TR	Invesco High Yield Corporate Bond - ETF	46138E719	500	27,646	SH		SOLE	N/A	0	0	27,646
INVESCO Exhange Traded FD TR	Invesco Preferred - ETF	46138E511	716	50,689	SH		SOLE	N/A	0	0	50,689
INVESCO EXCHANGE TRADED FD TR	Invesco Senior Bank Loan - ETF	4613IG508	578	27,068	SH		SOLE	N/A	0	0	27,068
INVESCO EXCHN TRD SLF IDX FD	Invesco HY Corporate Bond 2021 - ETF	46138J809	484	21,310	SH		SOLE	N/A	0	0	21,310
ISHARES TR	iShares Barclays 20+ Year Treasury - ETF	464287432	4,071	24,835	SH		SOLE	N/A	0	0	24,835
ISHARES TR	iShares Barclays 3-7 Year Treasury - ETF	464288661	8,616	64,459	SH		SOLE	N/A	0	0	64,459
ISHARES TR	iShares Barclays 7-10 Year Treasury - ETF	464287440	8,189	67,198	SH		SOLE	N/A	0	0	67,198
ISHARES TR	iShares Barclays Aggregate Bond Fund - ETF	464287226	467	3,953	SH		SOLE	N/A	0	0	3,953
ISHARES TR	iShares Barclays MBS - ETF	464288588	704	6,358	SH		SOLE	N/A	0	0	6,358
ISHARES TR	iShares Int'l Aggregate Bond - ETF	46435G672	3,608	64,793	SH		SOLE	N/A	0	0	64,793
ISHARES TR	iShares MSCI Emerg. Mkts Min. Volatility - ETF	464286533	5,210	100,195	SH		SOLE	N/A	0	0	100,195
ISHARES TR	iShares MSCI ACWI - ETF	464288257	271	3,679	SH		SOLE	N/A	0	0	3,679
ISHARES TR	iShares MSCI EAFE Min. Volatility - ETF	46429B689	4,774	72,264	SH		SOLE	N/A	0	0	72,264
ISHARES TR	iShares MSCI USA Min. Volatility - ETF	46429B697	4,304	70,982	SH		SOLE	N/A	0	0	70,982
ISHARES TR	Ishares Total US Stock	464287150	1,608	23,159	SH		SOLE	N/A	0	0	23,159
ISHARES TR	iShares TR Russell 1000 Growth - ETF	464287614	604	3,146	SH		SOLE	N/A	0	0	3,146
ISHARES TR	iShares US Home Construction - ETF	464288752	4,459	100,987	SH		SOLE	N/A	0	0	100,987
ISHARES TR	iShares US Treasury Bond - ETF	46429B267	8,172	291,953	SH		SOLE	N/A	0	0	291,953
SCHWAB STRATEGIC TR	Schwab REIT Fund - ETF	808524847	1,115	31,657	SH		SOLE	N/A	0	0	31,657
SCHWAB STRATEGIC TR	Schwab US Aggregate Bond - ETF	808524839	11,911	211,780	SH		SOLE	N/A	0	0	211,780
SCHWAB STRATEGIC TR	Schwab US Short-Term Treasury Fund - ETF	808524862	865	16,756	SH		SOLE	N/A	0	0	16,756
SCHWAB STRATEGIC TR	Schwab US Small Cap - ETF	808524607	4,946	75,699	SH		SOLE	N/A	0	0	75,699
SCHWAB STRATEGIC TR	Schwab US TIPS - ETF	808524870	2,589	43,131	SH		SOLE	N/A	0	0	43,131
SELECT SECTOR SPDR TR	Sector SPDR Consumer Discretionary - ETF	81369Y407	4,448	34,826	SH		SOLE	N/A	0	0	34,826
SELECT SECTOR SPDR TR	Sector SPDR Technology - ETF	81369Y803	348	3,331	SH		SOLE	N/A	0	0	3,331
SPDR SERIES TR	SPDR Barclays Municipal Bond - ETF	78464A458	842	16,301	SH		SOLE	N/A	0	0	16,301
SPDR SERIES TR	SPDR Barclays Short Term Muni Bond - ETF	78464A425	1,838	36,850	SH		SOLE	N/A	0	0	36,850
SPDR SERIES TR	SPDR Communications Svcs - ETF	78464A664	5,102	94,411	SH		SOLE	N/A	0	0	94,411
SPDR SERIES TR	SPDR Convertable Bond Fund - ETF	78464A359	4,459	73,710	SH		SOLE	N/A	0	0	73,710
SPDR SP 500 ETF TR	SPDR SP 500 - ETF	78462F103	718	2,327	SH		SOLE	N/A	0	0	2,327
VANGUARD BOND INDEX	Vanguard Bond Index Fund - ETF	921937835	794	8,990	SH		SOLE	N/A	0	0	8,990
VANGUARD CHARLOTTE FUNDS	Vanguard Total Intl. Bond Market - ETF	92203J407	899	15,569	SH		SOLE	N/A	0	0	15,569
VANGUARD SCOTTSDALE FDS	Vanguard Short Term	92206C102	4,048	65,075	SH		SOLE	N/A	0	0	65,075
VANGUARD INTL EQUITY INDEX	Vanguard International Equity - ETF	922042775	407	8,545	SH		SOLE	N/A	0	0	8,545