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
FIRST TR EXCHANGE TRADED FD	First Trust Dow Jones Internet Fund - ETF	33733E302	4,830	25,649	SH		SOLE	N/A	0	0	25,649
GLOBAL X FUNDS	Global X MLP - ETF	37950E473	664	30,248	SH		SOLE	N/A	0	0	30,248
INVESCO EXCHANGE TRADED FD TR	Invesco BulletShares 2023 HY Corp. Bond - ETF	46138J858	407	16,604	SH		SOLE	N/A	0	0	16,604
INVESCO EXCHANGE TRADED FD TR	Invesco Emerging Market Debt - ETF	46138E784	460	16,965	SH		SOLE	N/A	0	0	16,965
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Utilities - ETF	46137V274	1,434	15,194	SH		SOLE	N/A	0	0	15,194
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Cons. Disc. - ETF	46137V381	1,233	11,978	SH		SOLE	N/A	0	0	11,978
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Cons. Staples - ETF	46137V373	1,275	8,916	SH		SOLE	N/A	0	0	8,916
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Energy - ETF	46137V365	812	36,071	SH		SOLE	N/A	0	0	36,071
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Financials - ETF	46137V340	967	25,384	SH		SOLE	N/A	0	0	25,384
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Health Care - ETF	46137V373	1,714	7,279	SH		SOLE	N/A	0	0	7,279
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Industrials - ETF	46137V324	1,268	9,406	SH		SOLE	N/A	0	0	9,406
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Materials - ETF	46137V316	2,010	17,198	SH		SOLE	N/A	0	0	17,198
INVESCO Exhange Traded FD TR	Invesco Equal Wgt. Technology - ETF	46137V282	1,323	6,279	SH		SOLE	N/A	0	0	6,279
INVESCO EXCHANGE TRADED FD TR	Invesco High Yield Corporate Bond - ETF	46138E719	401	21,603	SH		SOLE	N/A	0	0	21,603
INVESCO EXCHN TRD SLF IDX FD	Invesco Preferred - ETF	73936T565	597	40,563	SH		SOLE	N/A	0	0	40,563
ISHARES TR	Invesco Senior Bank Loan - ETF	4613IG508	402	18,479	SH		SOLE	N/A	0	0	18,479
ISHARES TR	iShares Barclays 7-10 Year Treasury - ETF	464287440	4,675	38,376	SH		SOLE	N/A	0	0	38,376
ISHARES TR	iShares Barclays Aggregate Bond Fund - ETF	464287226	589	4,992	SH		SOLE	N/A	0	0	4,992
ISHARES TR	iShares Barclays MBS - ETF	464288588	1,127	10,207	SH		SOLE	N/A	0	0	10,207
ISHARES TR	iShares Expanded Tech. Software - ETF	464287515	4,798	15,422	SH		SOLE	N/A	0	0	15,422
ISHARES TR	iShares Int'l Aggregate Bond - ETF	46435G672	4,165	74,838	SH		SOLE	N/A	0	0	74,838
ISHARES TR	iShares MSCI Emerg. Mkts Min. Volatility - ETF	464286533	5,445	98,677	SH		SOLE	N/A	0	0	98,677
ISHARES TR	iShares MSCI ACWI - ETF	464288257	286	3,575	SH		SOLE	N/A	0	0	3,575
ISHARES TR	iShares MSCI EAFE Min. Volatility - ETF	46429B689	4,675	68,618	SH		SOLE	N/A	0	0	68,618
ISHARES TR	iShares MSCI USA Min. Volatility - ETF	46429B697	3,357	52,677	SH		SOLE	N/A	0	0	52,677
ISHARES TR	iShares Nasdaq Biotechnology - ETF	464287556	204	1,510	SH		SOLE	N/A	0	0	1,510
ISHARES TR	iShares PHLX Semiconductor - ETF	464287523	4,841	15,892	SH		SOLE	N/A	0	0	15,892
ISHARES TR	iShares Silver Trust - ETF	46428Q109	4,186	193,430	SH		SOLE	N/A	0	0	193,430
ISHARES TR	iShares TR Russell 1000 Growth - ETF	464287614	530	2,443	SH		SOLE	N/A	0	0	2,443
ISHARES TR	iShares U.S. Total Stock Market - ETF	464287150	4,562	60,433	SH		SOLE	N/A	0	0	60,433
ISHARES TR	iShares US Home Construction - ETF	464288752	5,725	101,054	SH		SOLE	N/A	0	0	101,054
Kraneshares Trust	Kraneshares CSI China Internet - ETF	500767306	4,815	70,623	SH		SOLE	N/A	0	0	70,623
SCHWAB STRATEGIC TR	Schwab REIT Fund - ETF	808524847	914	25,841	SH		SOLE	N/A	0	0	25,841
SCHWAB STRATEGIC TR	Schwab S&P 500 Index Fd	808509855	631	12,107	SH		SOLE	N/A	0	0	12,107
SCHWAB STRATEGIC TR	Schwab US Aggregate Bond - ETF	808524839	10,707	190,930	SH		SOLE	N/A	0	0	190,930
SCHWAB STRATEGIC TR	Schwab US Short-Term Treasury Fund - ETF	808524862	1,089	21,136	SH		SOLE	N/A	0	0	21,136
SCHWAB STRATEGIC TR	Schwab US Small Cap - ETF	808524607	4,508	65,988	SH		SOLE	N/A	0	0	65,988
SCHWAB STRATEGIC TR	Schwab US TIPS - ETF	808524870	2,987	44,760	SH		SOLE	N/A	0	0	44,760
Select Sector SPDR	Sector SPDR Technology - ETF	81369Y803	5,223	44,760	SH		SOLE	N/A	0	0	44,760
SPDR SERIES TR	SPDR Barclays Municipal Bond - ETF	78464A458	717	13,809	SH		SOLE	N/A	0	0	13,809
SPDR SERIES TR	SPDR Barclays Short Term Muni Bond - ETF	78464A425	1,396	27,987	SH		SOLE	N/A	0	0	27,987
SPDR SERIES TR	SPDR Communications Svcs - ETF	78464A664	1,262	21,240	SH		SOLE	N/A	0	0	21,240
SPDR SERIES TR	SPDR S&P 500 - ETF	78462F103	630	1,882	SH		SOLE	N/A	0	0	1,882
SPDR SERIES TR	SPDR Senior Loan - ETF	78467V608	4,687	104,808	SH		SOLE	N/A	0	0	104,808
VANECK VECTORS	VanEck Vectors Jr. Gold Miners ETF	57061R544	4,977	89,903	SH		SOLE	N/A	0	0	89,903
VANGUARD BOND INDEX	Vanguard LT Bond Index Fund - ETF	921937819	4,425	47,335	SH		SOLE	N/A	0	0	47,335
VANGUARD BOND INDEX	Vanguard Total Bond Index Fund - ETF	921937835	806	9,140	SH		SOLE	N/A	0	0	9,140
VANGUARD BOND INDEX	Vanguard Corporate Bond - ETF	92206C870	4,646	48,500	SH		SOLE	N/A	0	0	48,500
VANGUARD INTL EQUITY INDEX	Vanguard International Equity - ETF	922042775	419	8,307	SH		SOLE	N/A	0	0	8,307
VANGUARD INDEX FUNDS	Vanguard Mid Cap Growth - ETF	922908538	207	1,149	SH		SOLE	N/A	0	0	1,149
VANGUARD CHARLOTTE FUNDS	Vanguard Total Intl. Bond Market - ETF	92203J407	646	11,108	SH		SOLE	N/A	0	0	11,108