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
APPLE INC	Apple	037833100	300	1,690	SH		SOLE	N/A	0	0	1,690
ISHARES TR	iShares MSCI ACWI - ETF	464288257	321	3,034	SH		SOLE	N/A	0	0	3,034
JP MORGAN CHASE and CO	Alerian MLP - ETF	00162Q452	426	13,001	SH		SOLE	N/A	0	0	13,001
AMAZON COM INC	Amazon Com Inc	023135106	343	103	SH		SOLE	N/A	0	0	103
VANECK VECTORS	Vaneck Vectors Fallen	92189F437	5,057	153,396	SH		SOLE	N/A	0	0	153,396
VANGUARD INDEX FUNDS	Vanguard Intermediate Bond Index Fund - ETF	921937819	213	2,434	SH		SOLE	N/A	0	0	2,434
INVESCO EXCHANGE TRADED FD T	Invesco Senior Bank Loan - ETF	46138G508	471	21,294	SH		SOLE	N/A	0	0	21,294
VANGUARD INDEX FUNDS	Vanguard Bond Index Fund - ETF	921937835	748	8,823	SH		SOLE	N/A	0	0	8,823
VANGUARD INDEX FUNDS	Vanguard Total Intl. Bond Market - ETF	92203J407	657	11,910	SH		SOLE	N/A	0	0	11,910
BERKSHIRE HATHAWAY INC DEL	Berkshire Hathaway B New	084670702	242	810	SH		SOLE	N/A	0	0	810
INVESCO EXCH TRD SLF IDX FD	Invesco BulletShares 2023 HY Corp. Bond - ETF	46138J858	256	10,136	SH		SOLE	N/A	0	0	10,136
FIRST TR EXCHANGE TRADED FD	NASDAQ CYB ETF	33734X846	5,691	107,811	SH		SOLE	N/A	0	0	107,811
COSTCO WHSL CORP NEW	Costco Wholesale Co	22160K105	260	457	SH		SOLE	N/A	0	0	457
ISHARES INC	iShares MSCI Emerg. Mkts Min. Volatility - ETF	464286533	7,034	111,978	SH		SOLE	N/A	0	0	111,978
ISHARES TR	iShares MSCI EAFE Min. Volatility - ETF	46429B689	5,204	67,786	SH		SOLE	N/A	0	0	67,786
ISHARES TR	iShares JPM Emerging Market Bonds - ETF	464288281	229	2,099	SH		SOLE	N/A	0	0	2,099
ISHARES TR	iShares Floating Rate Bond - ETF	46429B655	503	9,910	SH		SOLE	N/A	0	0	9,910
ALPHABET INC	Google	02079K107	546	189	SH		SOLE	N/A	0	0	189
PIMCO	Pimco 0-5 Yr High Yield Corporate Bond - ETF	72201R783	4,428	44,681	SH		SOLE	N/A	0	0	44,681
ISHARES TR	iShares Int'l Aggregate Bond - ETF	46435G672	5,018	92,020	SH		SOLE	N/A	0	0	92,020
ISHARES TR	Ishares Sandamp;P Mid Cap - ETF	464287705	1,735	15,674	SH		SOLE	N/A	0	0	15,674
ISHARES TR	CORE Sandamp;P SCP ETF	464287804	1,014	8,855	SH		SOLE	N/A	0	0	8,855
ISHARES TR	MSCI INDIA ETF	46429B598	5,163	112,628	SH		SOLE	N/A	0	0	112,628
ISHARES TR	iShares U.S. Total Stock Market - ETF	464287150	11,616	108,583	SH		SOLE	N/A	0	0	108,583
ISHARES TR	MBS ETF	464288588	2,724	25,355	SH		SOLE	N/A	0	0	25,355
GLOBAL X FDS	Global X MLP - ETF	37954Y343	577	16,509	SH		SOLE	N/A	0	0	16,509
INVESCO EXCH TRADED FD TR II	Invesco Emerging Market Debt - ETF	46138E784	367	13,930	SH		SOLE	N/A	0	0	13,930
ISHARES TR	iShares Sandamp;P US Preferred Stock - ETF	464288687	274	6,937	SH		SOLE	N/A	0	0	6,937
INVESCO EXCHANGE TRADED FD T	Invesco Preferred - ETF	46138E511	489	32,629	SH		SOLE	N/A	0	0	32,629
INVESCO EXCH TRADED FD TR II P	Invesco High Yield Corporate Bond - ETF	46138E719	281	14,471	SH		SOLE	N/A	0	0	14,471
INVESCO EXCHANGE TRADED FD T	Invesco Equal Wgt. Cons. Disc. - ETF	46137V381	1,081	6,904	SH		SOLE	N/A	0	0	6,904
INVESCO EXCHANGE TRADED FD T	Invesco Equal Wgt. Industrials - ETF	46137V324	1,244	6,295	SH		SOLE	N/A	0	0	6,295
INVESCO EXCHANGE TRADED FD T	Invesco Equal Wgt. Cons. Staples - ETF	46137V373	1,289	7,590	SH		SOLE	N/A	0	0	7,590
ADVISORS INNER CIRCLE FD III	ADVOCATE RISING	00775Y736	896	36,684	SH		SOLE	N/A	0	0	36,684
INVESCO EXCHANGE TRADED FD T	Invesco Sandamp;P 500 Equal Weight - ETF	46137V357	3,702	22,748	SH		SOLE	N/A	0	0	22,748
INVESCO EXCHANGE TRADED FD T	Invesco Equal Wgt. Materials - ETF	46137V316	2,978	16,540	SH		SOLE	N/A	0	0	16,540
INVESCO EXCHANGE TRADED FD T	Invesco Equal Wgt. Energy - ETF	46137V365	715	14,978	SH		SOLE	N/A	0	0	14,978
INVESCO EXCHANGE TRADED FD T	Invesco Equal Wgt. Financials - ETF	46137V340	615	9,556	SH		SOLE	N/A	0	0	9,556
INVESCO EXCHANGE TRADED FD T	Invesco Equal Wgt. Health Care - ETF	46137V332	2,638	8,231	SH		SOLE	N/A	0	0	8,231
INVESCO EXCHANGE TRADED FD T	Invesco Equal Wgt. Technology - ETF	46137V282	1,853	5,720	SH		SOLE	N/A	0	0	5,720
INVESCO EXCHANGE TRADED FD T	Invesco Equal Wgt. Utilities - ETF	46137V274	2,065	18,089	SH		SOLE	N/A	0	0	18,089
SCHWAB STRATEGIC TR	Schwab US Small Cap - ETF	808524607	4,785	46,733	SH		SOLE	N/A	0	0	46,733
SCHWAB STRATEGIC TR	Schwab US Broad Market - ETF	808524102	329	2,910	SH		SOLE	N/A	0	0	2,910
SCHWAB STRATEGIC TR	Schwab US Large-Cap Growth - ETF	808524300	269	1,640	SH		SOLE	N/A	0	0	1,640
SCHWAB STRATEGIC TR	Schwab REIT Fund - ETF	808524847	882	16,738	SH		SOLE	N/A	0	0	16,738
SCHWAB STRATEGIC TR	Schwab US Short-Term Treasury Fund - ETF	808524862	1,984	39,021	SH		SOLE	N/A	0	0	39,021
SCHWAB STRATEGIC TR	Schwab US TIPS - ETF	808524870	9,425	149,867	SH		SOLE	N/A	0	0	149,867
SCHWAB STRATEGIC TR	Schwab US Large Cap - ETF	808524201	484	4,248	SH		SOLE	N/A	0	0	4,248
SCHWAB STRATEGIC TR	Schwab US Aggregate Bond - ETF	808524839	10,775	199,914	SH		SOLE	N/A	0	0	199,914
SPDR SERIES TR	SPDR Sandamp;P Dividend - ETF	78464A763	420	3,255	SH		SOLE	N/A	0	0	3,255
SPDR SERIES TR	SPDR Barclays Short Term Muni Bond - ETF	78468R739	1,021	20,770	SH		SOLE	N/A	0	0	20,770
SPDR SERIES TR	SPDR Barclays Short-Term HY - ETF	78468R408	857	31,558	SH		SOLE	N/A	0	0	31,558
INVESCO	Powershares Sandamp;P 500 High Div. Low Vol. - ETF	46138E362	224	5,568	SH		SOLE	N/A	0	0	5,568
INVESCO EXCH TRADED FD TR II	Sandamp;P500 LOW VOL	46138E354	209	3,041	SH		SOLE	N/A	0	0	3,041
ISHARES TR	0-5 YR TIPS ETF	46429B747	251	2,368	SH		SOLE	N/A	0	0	2,368
ISHARES TR	Ishares Esg Msci Usa	46435U218	1,230	14,584	SH		SOLE	N/A	0	0	14,584
SPDR SERIES TR	SPDR Barclays Municipal Bond - ETF	78468R721	564	10,897	SH		SOLE	N/A	0	0	10,897
ISHARES TR	IShares Barclays TIPS - ETF	464287176	429	3,323	SH		SOLE	N/A	0	0	3,323
ISHARES TR	iShares MSCI USA Min. Volatility - ETF	46429B697	2,605	32,195	SH		SOLE	N/A	0	0	32,195
VANGUARD INDEX FUNDS	Vanguard Corporate Bond - ETF	92206C870	365	3,892	SH		SOLE	N/A	0	0	3,892
FTSE DEV MKT ETF	VANGUARD TAX-MANAGED INTL FD	921943858	2,194	42,966	SH		SOLE	N/A	0	0	42,966
VANGUARD INDEX FUNDS	Vanguard REIT - ETF	922908553	5,643	48,643	SH		SOLE	N/A	0	0	48,643
VANGUARD INDEX FUNDS	Vanguard Sandamp;P 500 - ETF	922908363	4,918	11,266	SH		SOLE	N/A	0	0	11,266
VANGUARD INDEX FUNDS	Vanguard Short Term TIPS - ETF	922020805	3,825	74,421	SH		SOLE	N/A	0	0	74,421
SPDR SERIES TR	SPDR Communications Svcs - ETF	81369Y852	2,233	28,749	SH		SOLE	N/A	0	0	28,749
SELECT SECTOR SPDR TR	ENERGY	81369Y506	5,001	90,109	SH		SOLE	N/A	0	0	90,109
SELECT SECTOR SPDR TR	Sector SPDR Financial Select - ETF	81369Y605	6,674	170,906	SH		SOLE	N/A	0	0	170,906
SELECT SECTOR SPDR TR	Sector SPDR Industrials - ETF	81369Y704	371	3,507	SH		SOLE	N/A	0	0	3,507
SELECT SECTOR SPDR TR	Sector SPDR Technology - ETF	81369Y803	1,895	10,900	SH		SOLE	N/A	0	0	10,900
SELECT SECTOR SPDR TR	Sector SPDR Consumer Staples - ETF	81369Y308	260	3,377	SH		SOLE	N/A	0	0	3,377
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	4,998	24,445	SH		SOLE	N/A	0	0	24,445
SPDR SER TR	Sandamp;P OILGAS EXP	78468R556	4,821	50,283	SH		SOLE	N/A	0	0	50,283