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
Abbott Laboratories COM 002824100 5,933 54,608 SH   SOLE   54,608 0 0
Aberdeen Standard Bloomberg Al BBERG ALL COMD K1 003261104 1,005 37,010 SH   SOLE   37,010 0 0
Accenture PLC SHS CLASS A G1151C101 413 1,489 SH   SOLE   1,489 0 0
Adobe Inc. COM 00724F101 4,081 11,149 SH   SOLE   11,149 0 0
Albertsons Companies, Inc. Cla COMMON STOCK 013091103 3,292 123,204 SH   SOLE   123,204 0 0
Allstate Corp. COM 020002101 4,231 33,389 SH   SOLE   33,389 0 0
Ally Financial Inc COM 02005N100 2,706 80,746 SH   SOLE   80,746 0 0
America Movil S.A.B. de C.V. A SPON ADR L SHS 02364W105 406 19,870 SH   SOLE   19,870 0 0
American Financial Group Inc. COM 025932104 3,125 22,515 SH   SOLE   22,515 0 0
Amkor Technology Inc. COM 031652100 236 13,930 SH   SOLE   13,930 0 0
Antero Midstream Corp. COM 03676B102 329 36,370 SH   SOLE   36,370 0 0
APA Corp. COM 03743Q108 4,815 137,966 SH   SOLE   137,966 0 0
Apple Inc. COM 037833100 12,314 90,066 SH   SOLE   90,066 0 0
Applied Materials Inc. COM 038222105 9,523 104,676 SH   SOLE   104,676 0 0
ArcelorMittal SA ADR NY REGISTRY SH 03938L203 2,425 107,304 SH   SOLE   107,304 0 0
Arch Capital Group Ltd. ORD G0450A105 3,569 78,458 SH   SOLE   78,458 0 0
Archer Daniels Midland Co. COM 039483102 303 3,909 SH   SOLE   3,909 0 0
Asbury Automotive Group Inc. COM 043436104 2,416 14,266 SH   SOLE   14,266 0 0
ASGN Inc. COM 00191U102 4,626 51,258 SH   SOLE   51,258 0 0
Associated Banc-Corp COM 045487105 217 11,890 SH   SOLE   11,890 0 0
Atlas Air Worldwide Holdings COM NEW 049164205 3,030 49,093 SH   SOLE   49,093 0 0
AutoNation Inc. COM 05329W102 3,851 34,460 SH   SOLE   34,460 0 0
Axis Capital Holdings Ltd SHS G0692U109 2,686 47,055 SH   SOLE   47,055 0 0
BHP Billiton Ltd. ADS SPONSORED ADS 088606108 4,858 86,466 SH   SOLE   86,466 0 0
BJ's Wholesale Club Holdings, COM 05550J101 6,725 107,915 SH   SOLE   107,915 0 0
BP PLC ADS SPONSORED ADR 055622104 5,438 191,807 SH   SOLE   191,807 0 0
Bristol-Myers Squibb Co. COM 110122108 426 5,537 SH   SOLE   5,537 0 0
Bunge Ltd. COM G16962105 3,396 37,451 SH   SOLE   37,451 0 0
C.H. Robinson Worldwide COM NEW 12541W209 3,958 39,046 SH   SOLE   39,046 0 0
CACI International Inc. (Cl A) CL A 127190304 420 1,490 SH   SOLE   1,490 0 0
California Resources Corp COM STOCK 13057Q305 2,542 66,021 SH   SOLE   66,021 0 0
Canadian Natural Resources Ltd COM 136385101 826 15,389 SH   SOLE   15,389 0 0
Capital One Financial Corp. COM 14040H105 2,268 21,771 SH   SOLE   21,771 0 0
Centene Corp. COM 15135B101 8,316 98,291 SH   SOLE   98,291 0 0
Chubb Corp. COM H1467J104 3,847 19,568 SH   SOLE   19,568 0 0
Cincinnati Financial Corp COM 172062101 4,658 39,146 SH   SOLE   39,146 0 0
Citizens Financial Group, Inc. COM 174610105 522 14,631 SH   SOLE   14,631 0 0
Commercial Metals Co. COM 201723103 2,162 65,317 SH   SOLE   65,317 0 0
Consumer Staples Select Sector SBI CON STPLS 81369Y308 208 2,880 SH   SOLE   2,880 0 0
Costco Wholesale Corp. COM 22160K105 9,353 19,515 SH   SOLE   19,515 0 0
D.R. Horton Inc. COM 23331A109 5,658 85,476 SH   SOLE   85,476 0 0
Danaher Corporation COM 235851102 6,220 24,534 SH   SOLE   24,534 0 0
Dell Technologies Inc. Class C CL C 24703L202 1,321 28,597 SH   SOLE   28,597 0 0
Diodes Inc. COM 254543101 273 4,229 SH   SOLE   4,229 0 0
Direxion Daily S&P500 Bear 1X DLY S&P500 BR 1X 25460E869 29,173 1,712,041 SH   SOLE   1,712,041 0 0
Discover Financial Services COM 254709108 2,954 31,232 SH   SOLE   31,232 0 0
Elevance Health Inc. COM 036752103 10,093 20,915 SH   SOLE   20,915 0 0
Enbridge Inc. COM 29250N105 280 6,628 SH   SOLE   6,628 0 0
Energy Select Sector SPDR Fund ENERGY 81369Y506 382 5,335 SH   SOLE   5,335 0 0
ENI S.p.A. ADS SPONSORED ADR 26874R108 295 12,397 SH   SOLE   12,397 0 0
EOG Resources Inc. COM 26875P101 6,266 56,738 SH   SOLE   56,738 0 0
Equinor ASA Sponsored ADR SPONSORED ADR 29446M102 5,731 164,874 SH   SOLE   164,874 0 0
Evercore Inc. (Cl A) CLASS A 29977A105 3,133 33,465 SH   SOLE   33,465 0 0
Everest Re Group Ltd. COM G3223R108 4,335 15,465 SH   SOLE   15,465 0 0
Expeditors International of Wa COM 302130109 3,484 35,750 SH   SOLE   35,750 0 0
Exxon Mobil Corp. COM 30231G102 7,644 89,262 SH   SOLE   89,262 0 0
F.N.B. Corporation COM 302520101 232 21,360 SH   SOLE   21,360 0 0
FedEx Corp. COM 31428X106 7,087 31,262 SH   SOLE   31,262 0 0
Fidelity MSCI Consumer Staples CONSMR STAPLES 316092303 1,320 30,516 SH   SOLE   30,516 0 0
Fidelity MSCI Energy Index ETF MCSI ENERGY IDX 316092402 1,957 100,865 SH   SOLE   100,865 0 0
Fidelity MSCI Financials Index MSCI FINLS IDX 316092501 738 16,534 SH   SOLE   16,534 0 0
Financial Select Sector SPDR F SBI INT-FINL 81369Y605 421 13,399 SH   SOLE   13,399 0 0
Freeport-McMoRan, Inc. CL B 35671D857 2,241 76,584 SH   SOLE   76,584 0 0
Goldman Sachs Group Inc. COM 38141G104 7,549 25,417 SH   SOLE   25,417 0 0
Group 1 Automotive Inc. COM 398905109 2,801 16,494 SH   SOLE   16,494 0 0
GSK plc Sponsored ADR SPONSORED ADR 37733W105 369 8,482 SH   SOLE   8,482 0 0
Health Care Select Sector SPDR SBI HEALTHCARE 81369Y209 1,290 10,058 SH   SOLE   10,058 0 0
Hewlett Packard Enterprise Co. COM 42824C109 3,356 253,089 SH   SOLE   253,089 0 0
Home Depot Inc. COM 437076102 3,048 11,112 SH   SOLE   11,112 0 0
Hub Group Inc (Cl A) CL A 443320106 2,834 39,951 SH   SOLE   39,951 0 0
Humana Inc. COM 444859102 9,502 20,301 SH   SOLE   20,301 0 0
Imperial Oil Limited COM NEW 453038408 4,009 85,101 SH   SOLE   85,101 0 0
Insperity, Inc. COM 45778Q107 3,948 39,547 SH   SOLE   39,547 0 0
Intel Corp. COM 458140100 312 8,353 SH   SOLE   8,353 0 0
Invesco CurrencyShares British BRIT POUN STRL 46138M109 1,013 8,667 SH   SOLE   8,667 0 0
Invesco CurrencyShares Canadia CDN DLR SHS 46138T104 210 2,760 SH   SOLE   2,760 0 0
Invesco CurrencyShares Euro Tr EURO SHS 46138K103 3,969 40,952 SH   SOLE   40,952 0 0
Invesco CurrencyShares Japanes JAPANESE YEN 46138W107 10,752 155,884 SH   SOLE   155,884 0 0
iShares 1-3 Year Treasury Bond 1 3 YR TREAS BD 464287457 5,979 72,219 SH   SOLE   72,219 0 0
iShares 20 Year Treasury Bond 20 YR TR BD ETF 464287432 2,528 22,009 SH   SOLE   22,009 0 0
iShares Core MSCI EAFE ETF CORE MSCI EAFE 46432F842 5,046 85,745 SH   SOLE   85,745 0 0
iShares Core Total U.S. Bond M CORE US AGGBD ET 464287226 3,610 35,499 SH   SOLE   35,499 0 0
iShares DJ US Broker Dealers I US BR DEL SE ETF 464288794 1,171 13,945 SH   SOLE   13,945 0 0
iShares DJ US Home Constructio US HOME CONS ETF 464288752 626 11,924 SH   SOLE   11,924 0 0
iShares Edge MSCI USA Quality USA QUALITY FCTR 46432F339 225 2,015 SH   SOLE   2,015 0 0
iShares Floating Rate Bond ETF FLTG RATE NT ETF 46429B655 6,690 134,010 SH   SOLE   134,010 0 0
iShares Gold Trust ISHARES 464285204 8,926 260,166 SH   SOLE   260,166 0 0
iShares International Treasury INTL TREA BD ETF 464288117 13,292 325,064 SH   SOLE   325,064 0 0
iShares JPMorgan USD Emerging JPMORGAN USD EMG 464288281 3,222 37,758 SH   SOLE   37,758 0 0
iShares MBS ETF MBS ETF 464288588 11,081 113,668 SH   SOLE   113,668 0 0
iShares MSCI Emerging Markets MSCI EMRG CHN 46434G764 1,865 39,056 SH   SOLE   39,056 0 0
iShares MSCI Global Metals & M MSCI GBL ETF NEW 46434G848 426 11,969 SH   SOLE   11,969 0 0
iShares S&P 500 Fund CORE S&P500 ETF 464287200 6,324 16,680 SH   SOLE   16,680 0 0
iShares S&P Small Cap 600 Inde CORE S&P SCP ETF 464287804 233 2,518 SH   SOLE   2,518 0 0
iShares U.S. Healthcare Provid US HLTHCR PR ETF 464288828 1,438 5,628 SH   SOLE   5,628 0 0
iShares U.S. Insurance ETF U.S INSRNCE ETF 464288786 480 5,781 SH   SOLE   5,781 0 0
iShares US Transportation ETF US TRSPRTION 464287192 423 1,989 SH   SOLE   1,989 0 0
KB Home COM 48666K109 2,067 72,631 SH   SOLE   72,631 0 0
KLA Corporation COM NEW 482480100 6,522 20,441 SH   SOLE   20,441 0 0
Korn Ferry International COM NEW 500643200 3,132 53,975 SH   SOLE   53,975 0 0
KT Corp. (ADS) SPONSORED ADR 48268K101 491 35,163 SH   SOLE   35,163 0 0
Lam Research Corp. COM 512807108 13,035 30,587 SH   SOLE   30,587 0 0
Lennar Corp. (Cl A) CL A 526057104 4,022 56,988 SH   SOLE   56,988 0 0
LKQ Corp. COM 501889208 5,275 107,450 SH   SOLE   107,450 0 0
Louisiana-Pacific Corp. COM 546347105 4,183 79,805 SH   SOLE   79,805 0 0
LPL Financial Holdings Inc. COM 50212V100 506 2,745 SH   SOLE   2,745 0 0
ManpowerGroup Inc. COM 56418H100 2,798 36,620 SH   SOLE   36,620 0 0
Marathon Oil Corp. COM 565849106 4,574 203,465 SH   SOLE   203,465 0 0
Markel Corp. COM 570535104 2,958 2,287 SH   SOLE   2,287 0 0
Marvell Technology Inc. COM 573874104 377 8,657 SH   SOLE   8,657 0 0
Mastercard Inc. Cl A CL A 57636Q104 6,545 20,745 SH   SOLE   20,745 0 0
Materion Corporation COM 576690101 2,353 31,913 SH   SOLE   31,913 0 0
Matson, Inc. COM 57686G105 223 3,061 SH   SOLE   3,061 0 0
Medtronic Plc SHS G5960L103 4,636 51,658 SH   SOLE   51,658 0 0
Merck & Co. Inc. COM 58933Y105 7,708 84,549 SH   SOLE   84,549 0 0
Meritage Homes Corp. COM 59001A102 3,089 42,606 SH   SOLE   42,606 0 0
Microsoft Corp. COM 594918104 16,867 65,672 SH   SOLE   65,672 0 0
MKS Instruments Inc. COM 55306N104 3,859 37,602 SH   SOLE   37,602 0 0
Morgan Stanley COM NEW 617446448 6,768 88,980 SH   SOLE   88,980 0 0
Mosaic Co. COM 61945C103 433 9,174 SH   SOLE   9,174 0 0
MSC Industrial Direct Co. Cl A CL A 553530106 1,489 19,824 SH   SOLE   19,824 0 0
Novartis AG ADS SPONSORED ADR 66987V109 438 5,187 SH   SOLE   5,187 0 0
Nutrien Ltd. COM 67077M108 424 5,325 SH   SOLE   5,325 0 0
Old Republic International Cor COM 680223104 3,139 140,400 SH   SOLE   140,400 0 0
OneMain Holdings, Inc. COM 68268W103 2,432 65,068 SH   SOLE   65,068 0 0
Penske Automotive Grp Inc Com COM 70959W103 4,355 41,603 SH   SOLE   41,603 0 0
Petroleo Brasileiro SA Sponsor SPONSORED ADR 71654V408 294 25,166 SH   SOLE   25,166 0 0
Pfizer Inc. COM 717081103 8,334 158,959 SH   SOLE   158,959 0 0
PNC Financial Services Group I COM 693475105 453 2,871 SH   SOLE   2,871 0 0
ProShares Short Russell2000 SHRT RUSSELL2000 74348A210 16,915 649,572 SH   SOLE   649,572 0 0
PT Telkom Indonesia (Persero) SPONSORED ADR 715684106 404 14,944 SH   SOLE   14,944 0 0
PulteGroup Inc. COM 745867101 5,170 130,462 SH   SOLE   130,462 0 0
Raymond James Financial Inc COM 754730109 3,956 44,249 SH   SOLE   44,249 0 0
Regeneron Pharmaceuticals Inc. COM 75886F107 3,366 5,694 SH   SOLE   5,694 0 0
Reinsurance Group of America I COM NEW 759351604 3,596 30,662 SH   SOLE   30,662 0 0
Rio Tinto PLC ADS SPONSORED ADR 767204100 4,595 75,324 SH   SOLE   75,324 0 0
Robert Half International Inc. COM 770323103 4,493 59,989 SH   SOLE   59,989 0 0
Schwab Fundamental Internation SCHWB FDT INT LG 808524755 261 9,217 SH   SOLE   9,217 0 0
Shell PLC Sponsored ADR SPON ADS 780259305 6,706 128,241 SH   SOLE   128,241 0 0
Skyworks Solutions Inc COM 83088M102 282 3,042 SH   SOLE   3,042 0 0
SolarEdge Technologies, Inc. COM 83417M104 7,098 25,934 SH   SOLE   25,934 0 0
SPDR Barclays International Co BLOMBRG BRC INTL 78464A151 3,376 120,305 SH   SOLE   120,305 0 0
SPDR Barclays Short Term High BLOOMBERG SRT TR 78468R408 10,188 422,382 SH   SOLE   422,382 0 0
SPDR Bloomberg Barclays Intern BLOMBERG INTL TR 78464A516 4,869 210,235 SH   SOLE   210,235 0 0
SPDR Gold Trust GOLD SHS 78463V107 8,098 48,068 SH   SOLE   48,068 0 0
SPDR S&P Homebuilders ETF S&P HOMEBUILD 78464A888 273 4,985 SH   SOLE   4,985 0 0
SPDR S&P Metals & Mining ETF S&P METALS MNG 78464A755 314 7,228 SH   SOLE   7,228 0 0
SPDR S&P Regional Banking ETF S&P REGL BKG 78464A698 633 10,897 SH   SOLE   10,897 0 0
SPDR S&P Retail ETF S&P RETAIL ETF 78464A714 364 6,258 SH   SOLE   6,258 0 0
SPDR S&P Semiconductor ETF S&P SEMICNDCTR 78464A862 399 2,633 SH   SOLE   2,633 0 0
Star Bulk Carriers Corp. SHS PAR Y8162K204 282 11,288 SH   SOLE   11,288 0 0
Stifel Financial Corp. COM 860630102 3,678 65,660 SH   SOLE   65,660 0 0
Suncor Energy Inc. COM 867224107 4,723 134,677 SH   SOLE   134,677 0 0
Takeda Pharmaceutical Co. Ltd. SPONSORED ADS 874060205 269 19,136 SH   SOLE   19,136 0 0
Target Corp. TECHNOLOGY 87612E106 13,193 93,416 SH   SOLE   93,416 0 0
Technology Select Sector SPDR ADR B SEK 10 81369Y803 4,086 32,139 SH   SOLE   32,139 0 0
Teck Resources Limited Class B CL B 878742204 3,205 104,827 SH   SOLE   104,827 0 0
Telefonica Brasil SA ADR NEW ADR 87936R205 453 50,025 SH   SOLE   50,025 0 0
Ternium S.A. Sponsored ADR COM 880890108 2,391 66,245 SH   SOLE   66,245 0 0
Thermo Fisher Scientific Inc COM 883556102 6,068 11,169 SH   SOLE   11,169 0 0
Toll Brothers Inc. COM 889478103 3,895 87,342 SH   SOLE   87,342 0 0
Travelers Companies, Inc. COM 89417E109 4,892 28,922 SH   SOLE   28,922 0 0
TRI Pointe Group Inc COM 87265H109 316 18,738 SH   SOLE   18,738 0 0
TriNet Group, Inc. COM 896288107 2,217 28,560 SH   SOLE   28,560 0 0
Triton International Ltd. Clas CL A G9078F107 2,393 45,451 SH   SOLE   45,451 0 0
UBS Group AG (new) SHS H42097107 4,026 248,186 SH   SOLE   248,186 0 0
United Rentals Inc. COM 911363109 4,434 18,252 SH   SOLE   18,252 0 0
UnitedHealth Group Inc. COM 91324P102 14,333 27,905 SH   SOLE   27,905 0 0
Univar Solutions, Inc. COM 91336L107 228 9,166 SH   SOLE   9,166 0 0
Valley National Bancorp COM 919794107 210 20,149 SH   SOLE   20,149 0 0
VanEck Vectors J.P. Morgan EM JP MRGAN EM LOC 92189H300 3,685 150,512 SH   SOLE   150,512 0 0
Vanguard Russell 1000 Value ET VNG RUS1000VAL 92206C714 3,264 51,361 SH   SOLE   51,361 0 0
Vanguard Short-Term Corporate SHRT TRM CORP BD 92206C409 1,940 25,439 SH   SOLE   25,439 0 0
Vanguard Short-Term Inflation- STRM INFPROIDX 922020805 20,760 414,202 SH   SOLE   414,202 0 0
Vanguard Short-Term Treasury E SHORT TERM TREAS 92206C102 1,429 24,283 SH   SOLE   24,283 0 0
Visa Inc. COM CL A 92826C839 5,430 27,579 SH   SOLE   27,579 0 0
Walmart Inc. COM 931142103 4,549 37,418 SH   SOLE   37,418 0 0
Wesco International Inc. COM 95082P105 3,324 31,035 SH   SOLE   31,035 0 0
West Fraser Timber Co. Ltd. COM 952845105 3,516 45,829 SH   SOLE   45,829 0 0
Whiting Petroleum Corp. COM NEW 966387508 3,222 47,357 SH   SOLE   47,357 0 0
Williams-Sonoma Inc. COM 969904101 2,592 23,359 SH   SOLE   23,359 0 0
Wipro Ltd. ADS SPON ADR 1 SH 97651M109 262 49,265 SH   SOLE   49,265 0 0
Woodside Energy Group Ltd SPONSORED ADR 980228308 673 31,226 SH   SOLE   31,226 0 0