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
OMB APPROVAL
OMB Number: 3235-0006
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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
AbbVie Inc. COM 00287Y109 5,338 49,816 SH   SOLE   49,816 0 0
Accenture PLC SHS CLASS A G1151C101 624 2,389 SH   SOLE   2,389 0 0
Activision Blizzard Inc. COM 00507V109 791 8,519 SH   SOLE   8,519 0 0
Adobe Inc. COM 00724F101 6,609 13,214 SH   SOLE   13,214 0 0
Air Lease Corp. CL A 00912X302 225 5,065 SH   SOLE   5,065 0 0
Air Transport Services Group I COM 00922R105 2,644 84,369 SH   SOLE   84,369 0 0
Alexion Pharmaceuticals Inc. COM 015351109 6,496 41,577 SH   SOLE   41,577 0 0
Alphabet Inc. Cl A CAP STK CL A 02079K305 14,489 8,267 SH   SOLE   8,267 0 0
Amcor PLC ORD G0250X107 4,984 423,433 SH   SOLE   423,433 0 0
American Equity Investment Lif COM 025676206 243 8,773 SH   SOLE   8,773 0 0
Amgen Inc. COM 031162100 6,573 28,587 SH   SOLE   28,587 0 0
Amkor Technology Inc. COM 031652100 224 14,829 SH   SOLE   14,829 0 0
Anthem Inc COM 036752103 4,672 14,551 SH   SOLE   14,551 0 0
Apple Inc. COM 037833100 8,882 66,940 SH   SOLE   66,940 0 0
Applied Materials Inc. COM 038222105 10,492 121,574 SH   SOLE   121,574 0 0
Arrow Electronics Inc. COM 042735100 2,675 27,491 SH   SOLE   27,491 0 0
ASGN Inc. COM 00191U102 5,004 59,905 SH   SOLE   59,905 0 0
Associated Banc-Corp COM 045487105 216 12,658 SH   SOLE   12,658 0 0
Atlas Air Worldwide Holdings COM NEW 049164205 2,906 53,273 SH   SOLE   53,273 0 0
AutoNation Inc. COM 05329W102 2,843 40,734 SH   SOLE   40,734 0 0
Berry Global Group Inc COM 08579W103 2,951 52,525 SH   SOLE   52,525 0 0
Best Buy Co. Inc. COM 086516101 2,928 29,338 SH   SOLE   29,338 0 0
BHP Billiton Ltd. ADS SPONSORED ADS 088606108 580 8,881 SH   SOLE   8,881 0 0
Biogen Inc. COM 09062X103 2,536 10,358 SH   SOLE   10,358 0 0
BMC Stock Holdings, Inc. COM 05591B109 3,224 60,058 SH   SOLE   60,058 0 0
Builders FirstSource, Inc. COM 12008R107 4,170 102,181 SH   SOLE   102,181 0 0
CACI International Inc. (Cl A) CL A 127190304 395 1,586 SH   SOLE   1,586 0 0
Carrier Global Corp. COM 14448C104 4,309 114,236 SH   SOLE   114,236 0 0
Centene Corp. COM 15135B101 6,804 113,335 SH   SOLE   113,335 0 0
Charles River Laboratories Int COM 159864107 366 1,463 SH   SOLE   1,463 0 0
Cigna Corporation COM 125523100 3,879 18,635 SH   SOLE   18,635 0 0
CNO Financial Group Inc. COM 12621E103 252 11,341 SH   SOLE   11,341 0 0
Comcast Corp. (Cl A) CL A 20030N101 5,384 102,754 SH   SOLE   102,754 0 0
Comfort Systems USA, Inc. COM 199908104 2,531 48,067 SH   SOLE   48,067 0 0
Communication Services Select COMMUNICATION 81369Y852 1,702 25,225 SH   SOLE   25,225 0 0
Concentrix Corporation COM 20602D101 5,580 56,538 SH   SOLE   56,538 0 0
Consumer Discretionary Select SBI CONS DISCR 81369Y407 1,336 8,310 SH   SOLE   8,310 0 0
Consumer Staples Select Sector SBI CONS STPLS 81369Y308 229 3,388 SH   SOLE   3,388 0 0
Costco Wholesale Corp. COM 22160K105 7,220 19,162 SH   SOLE   19,162 0 0
Credit Suisse Group AG ADS SPONSORED ADR 225401108 3,914 305,758 SH   SOLE   305,758 0 0
CRH PLC (ADS) ADR 12626K203 346 8,137 SH   SOLE   8,137 0 0
CVS Health Corp. COM 126650100 3,872 56,685 SH   SOLE   56,685 0 0
D.R. Horton Inc. COM 23331A109 6,877 99,789 SH   SOLE   99,789 0 0
Diodes Inc. COM 254543101 317 4,503 SH   SOLE   4,503 0 0
Direxion Daily S&P500 Bear 1X DLY S&P500 BR 1X 25460E869 13,747 746,318 SH   SOLE   746,318 0 0
Dollar General Corp. COM 256677105 12,332 58,642 SH   SOLE   58,642 0 0
Dollar Tree Inc. COM 256746108 5,631 52,124 SH   SOLE   52,124 0 0
Electronic Arts Inc. COM 285512109 643 4,479 SH   SOLE   4,479 0 0
Encompass Health Corporation COM 29261A100 5,636 68,164 SH   SOLE   68,164 0 0
Evercore Inc. (Cl A) CLASS A 29977A105 5,938 54,157 SH   SOLE   54,157 0 0
F.N.B. Corporation COM 302520101 216 22,740 SH   SOLE   22,740 0 0
Facebook, Inc. CL A 30303M102 7,036 25,759 SH   SOLE   25,759 0 0
Fidelity MSCI Consumer Staples CONSMR STAPLES 316092303 932 22,915 SH   SOLE   22,915 0 0
Flagstar Bancorp Inc Com COM PAR .001 337930705 2,721 66,751 SH   SOLE   66,751 0 0
Fresenius Medical Care AG & Co SPONSORED ADR 358029106 2,612 62,840 SH   SOLE   62,840 0 0
Gilead Sciences Inc. COM 375558103 2,540 43,597 SH   SOLE   43,597 0 0
Goldman Sachs Group Inc. COM 38141G104 10,142 38,458 SH   SOLE   38,458 0 0
Graphic Packaging Holding Co. COM 388689101 5,228 308,599 SH   SOLE   308,599 0 0
HCA Healthcare Inc COM 40412C101 9,476 57,616 SH   SOLE   57,616 0 0
Health Care Select Sector SPDR SBI HEALTHCARE 81369Y209 772 6,803 SH   SOLE   6,803 0 0
Henry Schein Inc. COM 806407102 222 3,318 SH   SOLE   3,318 0 0
Home Depot Inc. COM 437076102 3,489 13,135 SH   SOLE   13,135 0 0
Hub Group Inc (Cl A) CL A 443320106 2,693 47,249 SH   SOLE   47,249 0 0
Humana Inc. COM 444859102 7,851 19,135 SH   SOLE   19,135 0 0
Insight Enterprises COM 45765U103 4,135 54,340 SH   SOLE   54,340 0 0
Insperity, Inc. COM 45778Q107 3,755 46,117 SH   SOLE   46,117 0 0
Intel Corp. COM 458140100 443 8,894 SH   SOLE   8,894 0 0
International Paper Co. COM 460146103 4,951 99,570 SH   SOLE   99,570 0 0
Invesco CurrencyShares British BRIT POUN STRL 46138M109 961 7,270 SH   SOLE   7,270 0 0
Invesco CurrencyShares Euro Tr EURO SHS 46138K103 4,748 41,380 SH   SOLE   41,380 0 0
Invesco CurrencyShares Japanes JAPANESE YEN 46138W107 16,559 181,047 SH   SOLE   181,047 0 0
iShares 1-3 Year Treasury Bond 1 3 YR TREAS BD 464287457 852 9,869 SH   SOLE   9,869 0 0
iShares 7-10 Year Treasury Bon BARCLAYS 7 10 YR 464287440 2,899 24,171 SH   SOLE   24,171 0 0
iShares Core MSCI EAFE ETF CORE MSCI EAFE 46432F842 344 4,976 SH   SOLE   4,976 0 0
iShares Core MSCI Emerging Mar CORE MSCI EMKT 46434G103 21,700 349,776 SH   SOLE   349,776 0 0
iShares DJ US Broker Dealers I US BR DEL SE ETF 464288794 741 9,314 SH   SOLE   9,314 0 0
iShares DJ US Home Constructio US HOME CONS ETF 464288752 490 8,787 SH   SOLE   8,787 0 0
iShares Edge MSCI USA Quality USA QUALITY FCTR 46432F339 260 2,237 SH   SOLE   2,237 0 0
iShares Floating Rate Bond ETF FLTG RATE NT ETF 46429B655 12,389 244,270 SH   SOLE   244,270 0 0
iShares Gold Trust ISHARES 464285105 10,327 569,634 SH   SOLE   569,634 0 0
iShares iBoxx $ Investment Gra IBOXX INV CP ETF 464287242 2,146 15,539 SH   SOLE   15,539 0 0
iShares Intermediate-Term Cred INTRM TR CRP ETF 464288638 12,147 196,593 SH   SOLE   196,593 0 0
iShares International Treasury INTL TREA BD ETF 464288117 17,965 323,347 SH   SOLE   323,347 0 0
iShares MBS ETF MBS ETF 464288588 20,155 183,014 SH   SOLE   183,014 0 0
iShares NASDAQ Biotechnology I NASDAQ BIOTECH 464287556 589 3,890 SH   SOLE   3,890 0 0
iShares S&P 500 Growth Index F S&P 500 GRWT ETF 464287309 287 4,496 SH   SOLE   4,496 0 0
iShares U.S. Healthcare Provid US HLTHCR PR ETF 464288828 893 3,806 SH   SOLE   3,806 0 0
Juniper Networks Inc. COM 48203R104 241 10,691 SH   SOLE   10,691 0 0
KB Home COM 48666K109 2,811 83,867 SH   SOLE   83,867 0 0
KLA Corporation COM NEW 482480100 6,123 23,651 SH   SOLE   23,651 0 0
Korn Ferry International COM NEW 500643200 2,703 62,148 SH   SOLE   62,148 0 0
Kroger Co. COM 501044101 338 10,646 SH   SOLE   10,646 0 0
Laboratory Corp. of America Ho COM NEW 50540R409 3,379 16,600 SH   SOLE   16,600 0 0
Lam Research Corp. COM 512807108 16,623 35,198 SH   SOLE   35,198 0 0
LaZBoy Incorporated COM 505336107 2,906 72,950 SH   SOLE   72,950 0 0
Lennar Corp. (Cl A) CL A 526057104 5,036 66,057 SH   SOLE   66,057 0 0
LKQ Corp. COM 501889208 4,366 123,904 SH   SOLE   123,904 0 0
LPL Financial Holdings Inc. COM 50212V100 368 3,535 SH   SOLE   3,535 0 0
ManpowerGroup Inc. COM 56418H100 3,793 42,055 SH   SOLE   42,055 0 0
ManTech International Corp. (C CL A 564563104 300 3,376 SH   SOLE   3,376 0 0
Martin Marietta Materials Inc. COM 573284106 294 1,037 SH   SOLE   1,037 0 0
Marvell Technology Group Ltd. ORD G5876H105 438 9,217 SH   SOLE   9,217 0 0
Masco Corp. COM 574599106 2,167 39,457 SH   SOLE   39,457 0 0
Masonite International Corp. COM 575385109 1,813 18,438 SH   SOLE   18,438 0 0
MasTec Inc. COM 576323109 3,718 54,530 SH   SOLE   54,530 0 0
Mastercard Inc. Cl A CL A 57636Q104 8,687 24,338 SH   SOLE   24,338 0 0
McKesson Corp. COM 58155Q103 2,888 16,606 SH   SOLE   16,606 0 0
Medpace Holdings, Inc. COM 58506Q109 327 2,351 SH   SOLE   2,351 0 0
Meritage Homes Corp. COM 59001A102 4,061 49,032 SH   SOLE   49,032 0 0
MetLife Inc. COM 59156R108 486 10,352 SH   SOLE   10,352 0 0
Michaels Companies Inc COM 59408Q106 2,794 214,790 SH   SOLE   214,790 0 0
Microsoft Corp. COM 594918104 17,044 76,628 SH   SOLE   76,628 0 0
MKS Instruments Inc. COM 55306N104 6,591 43,806 SH   SOLE   43,806 0 0
Mohawk Industries Inc. COM 608190104 3,539 25,106 SH   SOLE   25,106 0 0
Molina Healthcare Inc. COM 60855R100 342 1,606 SH   SOLE   1,606 0 0
Morgan Stanley COM NEW 617446448 9,631 140,532 SH   SOLE   140,532 0 0
MSC Industrial Direct Co. Cl A CL A 553530106 1,926 22,821 SH   SOLE   22,821 0 0
NetEase, Inc. ADR SPONSORED ADS 64110W102 672 7,018 SH   SOLE   7,018 0 0
O-I Glass Inc COM 67098H104 2,100 176,469 SH   SOLE   176,469 0 0
Owens Corning COM 690742101 2,537 33,487 SH   SOLE   33,487 0 0
PennyMac Financial Services, I COM 70932M107 2,581 39,334 SH   SOLE   39,334 0 0
Penske Automotive Grp Inc Com COM 70959W103 3,155 53,128 SH   SOLE   53,128 0 0
People's United Financial Inc. COM 712704105 199 15,366 SH   SOLE   15,366 0 0
PNC Financial Services Group I COM 693475105 232 1,558 SH   SOLE   1,558 0 0
PRA Health Sciences, Inc. COM 69354M108 282 2,250 SH   SOLE   2,250 0 0
Premier Inc. Class A CL A 74051N102 2,043 58,191 SH   SOLE   58,191 0 0
ProShares Short Russell2000 SHRT RUSSELL2000 74348A210 5,345 210,249 SH   SOLE   210,249 0 0
PulteGroup Inc. COM 745867101 6,563 152,205 SH   SOLE   152,205 0 0
Quest Diagnostics Inc. COM 74834L100 3,037 25,487 SH   SOLE   25,487 0 0
Raymond James Financial Inc COM 754730109 5,023 52,507 SH   SOLE   52,507 0 0
Regeneron Pharmaceuticals Inc. COM 75886F107 5,762 11,926 SH   SOLE   11,926 0 0
Rent-A-Center Inc. COM 76009N100 2,478 64,715 SH   SOLE   64,715 0 0
Rio Tinto PLC ADS SPONSORED ADR 767204100 580 7,709 SH   SOLE   7,709 0 0
Robert Half International Inc. COM 770323103 4,363 69,835 SH   SOLE   69,835 0 0
Sealed Air Corp. COM 81211K100 5,365 117,174 SH   SOLE   117,174 0 0
Skyworks Solutions Inc COM 83088M102 495 3,239 SH   SOLE   3,239 0 0
SolarEdge Technologies, Inc. COM 83417M104 14,546 45,582 SH   SOLE   45,582 0 0
Sonoco Products Company COM 835495102 5,319 89,775 SH   SOLE   89,775 0 0
Sony Corp. ADS SPONSORED ADR 835699307 2,909 28,777 SH   SOLE   28,777 0 0
SPDR Barclays International Co BLOMBRG BRC INTL 78464A151 4,908 129,498 SH   SOLE   129,498 0 0
SPDR Barclays Short Term High BLOOMBERG SRT TR 78468R408 15,391 571,095 SH   SOLE   571,095 0 0
SPDR Bloomberg Barclays Intern BLOMBERG INTL TR 78464A516 7,895 252,814 SH   SOLE   252,814 0 0
SPDR Gold Trust GOLD SHS 78463V107 30,594 171,532 SH   SOLE   171,532 0 0
SPDR S&P Regional Banking ETF S&P REGL BKG 78464A698 297 5,713 SH   SOLE   5,713 0 0
SPDR S&P Semiconductor ETF S&P SEMICNDCTR 78464A862 282 1,653 SH   SOLE   1,653 0 0
Stifel Financial Corp. COM 860630102 5,139 101,848 SH   SOLE   101,848 0 0
Syneos Health, Inc. Class A CL A 87166B102 278 4,085 SH   SOLE   4,085 0 0
SYNNEX Corp. COM 87162W100 4,604 56,538 SH   SOLE   56,538 0 0
T-Mobile US Inc COM 872590104 19,235 108,960 SH   SOLE   108,960 0 0
Target Corp. COM 87612E106 2,986 22,963 SH   SOLE   22,963 0 0
Technology Select Sector SPDR TECHNOLOGY 81369Y803 3,298 24,458 SH   SOLE   24,458 0 0
Toll Brothers Inc. COM 889478103 4,387 100,921 SH   SOLE   100,921 0 0
TRI Pointe Group Inc COM 87265H109 344 19,948 SH   SOLE   19,948 0 0
TriNet Group, Inc. COM 896288107 2,629 32,613 SH   SOLE   32,613 0 0
Triton International Ltd. Clas CL A G9078F107 2,550 52,571 SH   SOLE   52,571 0 0
Twitter, Inc. COM 90184L102 356 6,577 SH   SOLE   6,577 0 0
UBS Group AG (new) SHS H42097107 6,534 462,446 SH   SOLE   462,446 0 0
UFP Industries COM 90278Q108 2,456 44,207 SH   SOLE   44,207 0 0
United Rentals Inc. COM 911363109 4,962 21,398 SH   SOLE   21,398 0 0
UnitedHealth Group Inc. COM 91324P102 11,014 31,408 SH   SOLE   31,408 0 0
Universal Health Services Inc. CL B 913903100 3,667 26,671 SH   SOLE   26,671 0 0
Unum Group COM 91529Y106 252 10,986 SH   SOLE   10,986 0 0
Verizon Communications Inc. COM 92343V104 6,112 104,040 SH   SOLE   104,040 0 0
Visa Inc. COM CL A 92826C839 6,987 31,944 SH   SOLE   31,944 0 0
Walmart Inc. COM 931142103 7,224 50,114 SH   SOLE   50,114 0 0
Waters Corp COM 941848103 221 893 SH   SOLE   893 0 0
Wesco International Inc. COM 95082P105 2,767 35,249 SH   SOLE   35,249 0 0
WestRock Co. COM 96145D105 4,872 111,913 SH   SOLE   111,913 0 0
Whirlpool Corp. COM 963320106 3,344 18,525 SH   SOLE   18,525 0 0
Williams-Sonoma Inc. COM 969904101 2,796 27,455 SH   SOLE   27,455 0 0
Wipro Ltd. ADS SPON ADR 1 SH 97651M109 296 52,448 SH   SOLE   52,448 0 0
Yandex NV Class A SHS CLASS A N97284108 356 5,121 SH   SOLE   5,121 0 0