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
JPMORGAN CHASE AND CO	Alerian MLP - ETF	00162Q866	494	13,555	SH		SOLE	N/A	0	0	13,555
AMPLIFY ETF TR	Amplify Trnsfrmtnl Data Sharing - ETF	032108607	5,728	120,163	SH		SOLE	N/A	0	0	120,163
GLOBAL X FDS	Global X MLP - ETF	37950E473	630	16,294	SH		SOLE	N/A	0	0	16,294
INVESCO EXCHANGE TRADED FD TR	Invesco BulletShares 2023 HY Corp. Bond - ETF	46138J858	243	9,545	SH		SOLE	N/A	0	0	9,545
INVESCO EXCHANGE TRADED FD TR	Invesco Emerging Market Debt - ETF	46138E784	349	12,653	SH		SOLE	N/A	0	0	12,653
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Utilities - ETF	46137V274	1,787	17,299	SH		SOLE	N/A	0	0	17,299
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Cons. Disc. - ETF	46137V381	1,147	7,739	SH		SOLE	N/A	0	0	7,739
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Cons. Staples - ETF	46137V373	1,280	7,944	SH		SOLE	N/A	0	0	7,944
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Energy - ETF	46137V365	675	14,899	SH		SOLE	N/A	0	0	14,899
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Financials - ETF	46137V340	699	11,703	SH		SOLE	N/A	0	0	11,703
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Health Care - ETF	46137V373	2,573	8,781	SH		SOLE	N/A	0	0	8,781
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Industrials - ETF	46137V324	1,317	7,059	SH		SOLE	N/A	0	0	7,059
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Materials - ETF	46137V316	2,849	17,323	SH		SOLE	N/A	0	0	17,323
INVESCO EXCHANGE TRADED FD TR	Invesco Equal Wgt. Technology - ETF	46137V282	1,789	6,167	SH		SOLE	N/A	0	0	6,167
INVESCO EXCHANGE TRADED FD TR	Invesco High Yield Corporate Bond - ETF	46138E719	269	13,758	SH		SOLE	N/A	0	0	13,758
INVESCO EXCHANGE TRADED FD TR	Invesco Preferred - ETF	73936T565	464	30,305	SH		SOLE	N/A	0	0	30,305
INVESCO EXCHANGE TRADED FD TR	Invesco SANDamp;P 500 Equal Weight - ETF	78355W106	2,730	18,112	SH		SOLE	N/A	0	0	18,112
INVESCO EXCHANGE TRADED FD TR	Invesco Senior Bank Loan - ETF	4613IG508	456	20,579	SH		SOLE	N/A	0	0	20,579
ISHARES TR	iShares Barclays Aggregate Bond Fund - ETF	464287226	632	5,477	SH		SOLE	N/A	0	0	5,477
ISHARES TR	iShares Barclays MBS - ETF	464288588	2,331	21,542	SH		SOLE	N/A	0	0	21,542
ISHARES TR	IShares Barclays TIPS - ETF	464287176	382	2,983	SH		SOLE	N/A	0	0	2,983
ISHARES TR	Ishares Esg Msci Usa	46435U218	530	7,053	SH		SOLE	N/A	0	0	7,053
ISHARES TR	Ishares Etf	46434G103	760	11,339	SH		SOLE	N/A	0	0	11,339
ISHARES TR	iShares Floating Rate Bond - ETF	46429B655	426	8,375	SH		SOLE	N/A	0	0	8,375
ISHARES TR	iShares Int'l Aggregate Bond - ETF	46435G672	4,628	83,993	SH		SOLE	N/A	0	0	83,993
ISHARES TR	iShares JPM Emerging Market Bonds - ETF	464288281	236	2,099	SH		SOLE	N/A	0	0	2,099
ISHARES TR	iShares MSCI Emerg. Mkts Min. Volatility - ETF	464286533	6,844	106,668	SH		SOLE	N/A	0	0	106,668
ISHARES TR	iShares MSCI ACWI - ETF	464288257	347	3,434	SH		SOLE	N/A	0	0	3,434
ISHARES TR	iShares MSCI EAFE Min. Volatility - ETF	46429B689	5,193	68,750	SH		SOLE	N/A	0	0	68,750
ISHARES TR	iShares MSCI USA Min. Volatility - ETF	46429B697	2,784	37,817	SH		SOLE	N/A	0	0	37,817
ISHARES TR	iShares Russell 2000 - ETF	464287655	995	4,336	SH		SOLE	N/A	0	0	4,336
ISHARES TR	Ishares SANDamp;P Mid Cap - ETF	464287705	1,309	12,431	SH		SOLE	N/A	0	0	12,431
ISHARES TR	iShares SANDamp;P SmallCap 600 - ETF	464287804	6,567	58,124	SH		SOLE	N/A	0	0	58,124
ISHARES TR	iShares SANDamp;P US Preferred Stock - ETF	464288687	273	6,937	SH		SOLE	N/A	0	0	6,937
ISHARES TR	iShares U.S. Total Stock Market - ETF	464287150	11,072	112,106	SH		SOLE	N/A	0	0	112,106
PIMCO	Pimco 0-5 Yr High Yield Corporate Bond - ETF	72201R783	5,729	57,322	SH		SOLE	N/A	0	0	57,322
INVESCO EXCHANGE TRADED FD TR	Invesco SANDamp;P 500 High Div. Low Vol. - ETF	73937B654	224	5,568	SH		SOLE	N/A	0	0	5,568
INVESCO EXCHANGE TRADED FD TR	Invesco SANDamp;P 500 High Beta - ETF	73937B829	6,588	87,179	SH		SOLE	N/A	0	0	87,179
SCHWAB STRATEGIC TR	Schwab REIT Fund - ETF	808524847	773	16,886	SH		SOLE	N/A	0	0	16,886
SCHWAB STRATEGIC TR	Schwab US Aggregate Bond - ETF	808524839	10,121	185,359	SH		SOLE	N/A	0	0	185,359
SCHWAB STRATEGIC TR	Schwab US Broad Market - ETF	808524102	317	3,036	SH		SOLE	N/A	0	0	3,036
SCHWAB STRATEGIC TR	Schwab US Large Cap - ETF	808524201	442	4,248	SH		SOLE	N/A	0	0	4,248
SCHWAB STRATEGIC TR	Schwab US Large-Cap Growth - ETF	808524300	239	1,640	SH		SOLE	N/A	0	0	1,640
SCHWAB STRATEGIC TR	Schwab US Short-Term Treasury Fund - ETF	808524862	1,757	34,294	SH		SOLE	N/A	0	0	34,294
SCHWAB STRATEGIC TR	Schwab US Small Cap - ETF	808524607	5,181	49,732	SH		SOLE	N/A	0	0	49,732
SCHWAB STRATEGIC TR	Schwab US TIPS - ETF	808524870	4,799	76,765	SH		SOLE	N/A	0	0	76,765
SELECT SECTOR SPDR TR	Sector SPDR Consumer Discretionary - ETF	81369Y407	210	1,177	SH		SOLE	N/A	0	0	1,177
SELECT SECTOR SPDR TR	Sector SPDR Consumer Staples - ETF	81369Y308	260	3,711	SH		SOLE	N/A	0	0	3,711
SELECT SECTOR SPDR TR	Sector SPDR Financial Select - ETF	81369Y605	6,919	188,571	SH		SOLE	N/A	0	0	188,571
SELECT SECTOR SPDR TR	Sector SPDR Industrials - ETF	81369Y704	1,233	12,040	SH		SOLE	N/A	0	0	12,040
SELECT SECTOR SPDR TR	Sector SPDR Materials - ETF	81369Y100	208	2,522	SH		SOLE	N/A	0	0	2,522
SELECT SECTOR SPDR TR	Sector SPDR Regional Banking - ETF	78464A698	6,432	98,160	SH		SOLE	N/A	0	0	98,160
SELECT SECTOR SPDR TR	Sector SPDR Technology - ETF	81369Y803	559	3,787	SH		SOLE	N/A	0	0	3,787
SPDR SERIES TR	SPDR Barclays Municipal Bond - ETF	78464A458	581	11,156	SH		SOLE	N/A	0	0	11,156
SPDR SERIES TR	SPDR Barclays Short Term Muni Bond - ETF	78464A425	1,089	21,970	SH		SOLE	N/A	0	0	21,970
SPDR SERIES TR	SPDR Barclays Short-Term HY - ETF	78468R408	6,089	220,768	SH		SOLE	N/A	0	0	220,768
SPDR SERIES TR	SPDR Communications Svcs - ETF	78464A664	2,303	28,443	SH		SOLE	N/A	0	0	28,443
SPDR SERIES TR	SPDR SANDamp;P Dividend - ETF	78464A763	398	3,255	SH		SOLE	N/A	0	0	3,255
SPDR SERIES TR	SPDR SANDamp;P Homebuilders - ETF	78464A888	7,075	96,600	SH		SOLE	N/A	0	0	96,600
SPDR SERIES TR	Spdr SANDamp;P Metals ANDamp; Mining	78464A755	5,514	128,058	SH		SOLE	N/A	0	0	128,058
ETF SER SOLUTIONS	US Global Jets - ETF	26922A842	6,103	252,404	SH		SOLE	N/A	0	0	252,404
VANECK VECTORS	Vaneck Vectors Fallen	92189F437	5,595	170,048	SH		SOLE	N/A	0	0	170,048
VANECK VECTORS	Vaneck Vectors High Yield Muni Bond - ETF	92189H409	5,728	90,045	SH		SOLE	N/A	0	0	90,045
VANGUARD INDEX FUNDS	Vanguard Bond Index Fund - ETF	921937835	772	8,986	SH		SOLE	N/A	0	0	8,986
VANGUARD INDEX FUNDS	Vanguard Corporate Bond - ETF	92206C870	365	3,892	SH		SOLE	N/A	0	0	3,892
VANGUARD INDEX FUNDS	Vanguard International Equity - ETF	922042775	1,757	27,717	SH		SOLE	N/A	0	0	27,717
VANGUARD INDEX FUNDS	Vanguard Total Intl. Bond Market - ETF	92203J407	663	11,619	SH		SOLE	N/A	0	0	11,619