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
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 14,799 240,940 SH   SOLE   0 0 240,940
ISHARES TR NATIONAL MUN ETF 464288414 1,855 16,286 SH   SOLE   0 0 16,286
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,271 3,949 SH   SOLE   0 0 3,949
SABINE ROYALTY TR UNIT BEN INT 785688102 542 13,438 SH   SOLE   0 0 13,438
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 55,517 1,035,187 SH   SOLE   0 0 1,035,187
ADOBE INC COM 00724F101 528 1,600 SH   SOLE   0 0 1,600
COMERICA INC COM 200340107 426 5,933 SH   SOLE   0 0 5,933
SELECT SECTOR SPDR TR ENERGY 81369Y506 18,672 310,991 SH   SOLE   0 0 310,991
APPLE INC COM 037833100 2,178 7,418 SH   SOLE   0 0 7,418
ISHARES TR MSCI UK ETF NEW 46435G334 24,206 709,848 SH   SOLE   0 0 709,848
PIMCO ETF TR INV GRD CRP BD 72201R817 888 8,077 SH   SOLE   0 0 8,077
SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 1,963 35,743 SH   SOLE   0 0 35,743
ISHARES TR U.S. TECH ETF 464287721 90,188 387,741 SH   SOLE   0 0 387,741
ABERDEEN STD PRECIOUS METALS PHYSCL PM BASKET 003263100 2,248 29,427 SH   SOLE   0 0 29,427
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 8,535 159,734 SH   SOLE   0 0 159,734
ISHARES TR U.S. ENERGY ETF 464287796 4,285 133,404 SH   SOLE   0 0 133,404
SPDR SERIES TRUST PORTFOLIO CRPORT 78464A144 265 7,826 SH   SOLE   0 0 7,826
SPDR SERIES TRUST PORTFOLIO INTRMD 78464A375 57,186 1,619,538 SH   SOLE   0 0 1,619,538
ISHARES TR US TREAS BD ETF 46429B267 1,095 42,231 SH   SOLE   0 0 42,231
EXXON MOBIL CORP COM 30231G102 675 9,667 SH   SOLE   0 0 9,667
INVESCO ACTIVELY MANAGD ETF ULTRA SHRT DUR 46090A887 65,943 1,308,904 SH   SOLE   0 0 1,308,904
SPDR SERIES TRUST BLOOMBERG BRCLYS 78468R622 659 6,019 SH   SOLE   0 0 6,019
VANGUARD WORLD FDS ENERGY ETF 92204A306 1,270 15,585 SH   SOLE   0 0 15,585
JPMORGAN CHASE & CO COM 46625H100 222 1,592 SH   SOLE   0 0 1,592
INVESCO EXCHNG TRADED FD TR EMRNG MKT SVRG 46138E784 1,559 52,691 SH   SOLE   0 0 52,691
ISHARES TR BARCLAYS 7 10 YR 464287440 72,963 661,972 SH   SOLE   0 0 661,972
ISHARES INC CORE MSCI EMKT 46434G103 942 17,531 SH   SOLE   0 0 17,531
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 267 4,969 SH   SOLE   0 0 4,969
SPDR SERIES TRUST PORTFOLIO LR ETF 78464A854 9,431 249,372 SH   SOLE   0 0 249,372
ISHARES TR IBOXX INV CP ETF 464287242 3,364 26,293 SH   SOLE   0 0 26,293
ISHARES TR 3 7 YR TREAS BD 464288661 586 4,659 SH   SOLE   0 0 4,659
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 6,998 208,090 SH   SOLE   0 0 208,090
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 412 7,741 SH   SOLE   0 0 7,741
DBX ETF TR XTRACK USD HIGH 233051432 209 4,142 SH   SOLE   0 0 4,142
ISHARES TR CORE S&P TTL STK 464287150 2,071 28,490 SH   SOLE   0 0 28,490
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 104,591 3,398,008 SH   SOLE   0 0 3,398,008
ISHARES INC MSCI EURZONE ETF 464286608 49,839 1,188,919 SH   SOLE   0 0 1,188,919
AUTOMATIC DATA PROCESSING IN COM 053015103 455 2,667 SH   SOLE   0 0 2,667
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 32,213 168,001 SH   SOLE   0 0 168,001
ISHARES GOLD TRUST ISHARES 464285105 1,050 72,420 SH   SOLE   0 0 72,420
JANUS DETROIT STR TR HENDRSN SHRT ETF 47103U886 567 11,428 SH   SOLE   0 0 11,428
ISHARES TR IBOXX HI YD ETF 464288513 1,171 13,315 SH   SOLE   0 0 13,315
ISHARES TR S&P 500 GRWT ETF 464287309 477 2,462 SH   SOLE   0 0 2,462
FRANKLIN TEMPLETON ETF TR FTSE UNTD KGDM 35473P678 3,489 137,533 SH   SOLE   0 0 137,533
MCCORMICK & CO INC COM VTG 579780107 728 4,256 SH   SOLE   0 0 4,256
VERIZON COMMUNICATIONS INC COM 92343V104 425 6,926 SH   SOLE   0 0 6,926
CSX CORP COM 126408103 264 3,653 SH   SOLE   0 0 3,653
HIGHLAND FDS I HI LD IBOXX SRLN 430101774 1,587 90,500 SH   SOLE   0 0 90,500
SPDR SERIES TRUST S&P REGL BKG 78464A698 1,236 21,212 SH   SOLE   0 0 21,212
WISDOMTREE TR EUROPE HEDGED EQ 97717X701 781 11,070 SH   SOLE   0 0 11,070
FIDELITY COVINGTON TR MSCI RL EST ETF 316092857 1,366 49,037 SH   SOLE   0 0 49,037
ISHARES INC MSCI SWITZERLAND 464286749 16,115 396,528 SH   SOLE   0 0 396,528
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 21,348 330,363 SH   SOLE   0 0 330,363
ISHARES TR CORE MSCI EAFE 46432F842 2,095 32,107 SH   SOLE   0 0 32,107
ISHARES TR RUS 1000 ETF 464287622 283 1,584 SH   SOLE   0 0 1,584
SPDR SERIES TRUST PORTFLI TIPS ETF 78464A656 314 10,989 SH   SOLE   0 0 10,989
ISHARES TR CORE S&P MCP ETF 464287507 3,770 18,319 SH   SOLE   0 0 18,319
ISHARES TR RUS MID CAP ETF 464287499 473 7,936 SH   SOLE   0 0 7,936
MICROSOFT CORP COM 594918104 1,066 6,759 SH   SOLE   0 0 6,759
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 19,614 255,358 SH   SOLE   0 0 255,358
ISHARES TR S&P 500 VAL ETF 464287408 257 1,978 SH   SOLE   0 0 1,978
SPDR SERIES TRUST PORTFLI MORTGAGE 78464A383 1,047 40,103 SH   SOLE   0 0 40,103
ISHARES INC MSCI GERMANY ETF 464286806 26,982 917,748 SH   SOLE   0 0 917,748
SPDR SERIES TRUST PORTFOLIO AGRGTE 78464A649 1,440 49,011 SH   SOLE   0 0 49,011
MCDONALDS CORP COM 580135101 349 1,767 SH   SOLE   0 0 1,767
ALPHABET INC CAP STK CL A 02079K305 2,517 1,879 SH   SOLE   0 0 1,879
SPDR INDEX SHS FDS PORTFOLIO EMG MK 78463X509 389 10,356 SH   SOLE   0 0 10,356
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 60,095 589,972 SH   SOLE   0 0 589,972
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 3,893 88,358 SH   SOLE   0 0 88,358
SCHWAB STRATEGIC TR SHT TM US TRES 808524862 57,629 1,141,626 SH   SOLE   0 0 1,141,626
WISDOMTREE TR BLMBG US BULL 97717W471 617 23,132 SH   SOLE   0 0 23,132
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 1,267 28,492 SH   SOLE   0 0 28,492
VANECK VECTORS ETF TRUST GOLD MINERS ETF 92189F106 26,849 916,970 SH   SOLE   0 0 916,970
ISHARES TR U.S. PHARMA ETF 464288836 531 3,315 SH   SOLE   0 0 3,315
BANK AMER CORP COM 060505104 808 22,951 SH   SOLE   0 0 22,951
ISHARES INC MSCI JPN ETF NEW 46434G822 31,253 527,559 SH   SOLE   0 0 527,559
ISHARES TR CRE U S REIT ETF 464288521 490 8,970 SH   SOLE   0 0 8,970
DBX ETF TR XTRACK MSCI JAPN 233051507 1,380 32,352 SH   SOLE   0 0 32,352
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 57,314 456,979 SH   SOLE   0 0 456,979
ISHARES INC MSCI AUST ETF 464286103 19,322 853,447 SH   SOLE   0 0 853,447
ISHARES INC MSCI PAC JP ETF 464286665 647 13,984 SH   SOLE   0 0 13,984
JOHNSON & JOHNSON COM 478160104 823 5,640 SH   SOLE   0 0 5,640
ISHARES TR INTL TREA BD ETF 464288117 1,511 30,125 SH   SOLE   0 0 30,125
SCHWAB STRATEGIC TR US REIT ETF 808524847 1,700 36,980 SH   SOLE   0 0 36,980
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 1,480 54,063 SH   SOLE   0 0 54,063
PFIZER INC COM 717081103 257 6,553 SH   SOLE   0 0 6,553
CHOICE HOTELS INTL INC COM 169905106 358 3,466 SH   SOLE   0 0 3,466
DISNEY WALT CO COM DISNEY 254687106 300 2,077 SH   SOLE   0 0 2,077
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 235 2,912 SH   SOLE   0 0 2,912
ISHARES TR TIPS BD ETF 464287176 7,090 60,825 SH   SOLE   0 0 60,825
PEPSICO INC COM 713448108 387 2,834 SH   SOLE   0 0 2,834
CVS HEALTH CORP COM 126650100 350 4,712 SH   SOLE   0 0 4,712
SPDR SERIES TRUST BLOMBERG INTL TR 78464A516 1,487 51,598 SH   SOLE   0 0 51,598
NEXTERA ENERGY INC COM 65339F101 265 1,096 SH   SOLE   0 0 1,096
SPDR SERIES TRUST PORTFOLIO SM ETF 78468R853 2,640 80,895 SH   SOLE   0 0 80,895
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 32,396 514,382 SH   SOLE   0 0 514,382
AT&T INC COM 00206R102 774 19,810 SH   SOLE   0 0 19,810
AMAZON COM INC COM 023135106 353 191 SH   SOLE   0 0 191
SPDR SERIES TRUST BLOMBRG BRC INTL 78464A151 273 8,006 SH   SOLE   0 0 8,006
GOLDMAN SACHS ETF TR ACCESS INVT GR 381430479 28,201 536,133 SH   SOLE   0 0 536,133
COLGATE PALMOLIVE CO COM 194162103 260 3,779 SH   SOLE   0 0 3,779
UBS AG JERSEY BRH DJ COMMD ETN39 902641679 2,355 155,286 SH   SOLE   0 0 155,286
PRICE T ROWE GROUP INC COM 74144T108 290 2,378 SH   SOLE   0 0 2,378
SPDR SERIES TRUST PORTFOLIO SH TSR 78468R101 9,690 323,436 SH   SOLE   0 0 323,436
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 968 9,711 SH   SOLE   0 0 9,711
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 4,798 63,436 SH   SOLE   0 0 63,436
BOEING CO COM 097023105 700 2,150 SH   SOLE   0 0 2,150
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 510 3,165 SH   SOLE   0 0 3,165
ISHARES TR US HLTHCARE ETF 464287762 2,048 9,495 SH   SOLE   0 0 9,495
ISHARES TR JPMORGAN USD EMG 464288281 1,174 10,252 SH   SOLE   0 0 10,252
JANUS DETROIT STR TR HENDERSON MTG 47103U852 34,258 658,433 SH   SOLE   0 0 658,433
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 42,125 517,061 SH   SOLE   0 0 517,061
ISHARES TR CORE S&P SCP ETF 464287804 3,401 40,564 SH   SOLE   0 0 40,564
CISCO SYS INC COM 17275R102 221 4,599 SH   SOLE   0 0 4,599
ISHARES TR 1 3 YR TREAS BD 464287457 2,612 30,859 SH   SOLE   0 0 30,859
ISHARES TR US HOME CONS ETF 464288752 1,493 33,604 SH   SOLE   0 0 33,604
ISHARES INC MSCI FRNTR100ETF 464286145 2,037 67,127 SH   SOLE   0 0 67,127
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 564 2,492 SH   SOLE   0 0 2,492
PROCTER & GAMBLE CO COM 742718109 718 5,745 SH   SOLE   0 0 5,745
VANGUARD WORLD FDS FINANCIALS ETF 92204A405 1,381 18,110 SH   SOLE   0 0 18,110
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 1,135 12,235 SH   SOLE   0 0 12,235
SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608 201 4,308 SH   SOLE   0 0 4,308
GLOBAL X FDS US INFR DEV ETF 37954Y673 25,565 1,435,444 SH   SOLE   0 0 1,435,444
VISA INC COM CL A 92826C839 323 1,719 SH   SOLE   0 0 1,719
FACEBOOK INC CL A 30303M102 227 1,105 SH   SOLE   0 0 1,105
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 78,683 858,333 SH   SOLE   0 0 858,333
ISHARES TR PHLX SEMICND ETF 464287523 203 810 SH   SOLE   0 0 810
NORFOLK SOUTHERN CORP COM 655844108 253 1,304 SH   SOLE   0 0 1,304
ISHARES TR CORE US AGGBD ET 464287226 8,308 73,935 SH   SOLE   0 0 73,935
FIRST TR EXCHANGE TRADED FD SENIOR LN FD 33738D309 321 6,707 SH   SOLE   0 0 6,707
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 25,728 1,126,449 SH   SOLE   0 0 1,126,449
PNC FINL SVCS GROUP INC COM 693475105 412 2,583 SH   SOLE   0 0 2,583
VANGUARD INDEX FDS TOTAL STK MKT 922908769 720 4,402 SH   SOLE   0 0 4,402
VANGUARD WHITEHALL FDS INC EMERG MKT BD ETF 921946885 673 8,272 SH   SOLE   0 0 8,272
SMITH A O CORP COM 831865209 229 4,800 SH   SOLE   0 0 4,800
SOUTHERN CO COM 842587107 420 6,596 SH   SOLE   0 0 6,596
FIRST TR EXCHANGE TRADED FD FST LOW OPPT EFT 33739Q200 668 12,888 SH   SOLE   0 0 12,888
INTERNATIONAL BUSINESS MACHS COM 459200101 282 2,105 SH   SOLE   0 0 2,105
ABERDEEN STD INVTS ETFS BBRG ALL COMD K1 003261104 1,564 68,979 SH   SOLE   0 0 68,979
SCHWAB STRATEGIC TR US TIPS ETF 808524870 17,609 310,947 SH   SOLE   0 0 310,947
GLOBAL X FDS GLB X MLP ENRG I 37950E226 1,141 92,911 SH   SOLE   0 0 92,911
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 979 3,308 SH   SOLE   0 0 3,308
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 13,540 350,139 SH   SOLE   0 0 350,139
FRANKLIN TEMPLETON ETF TR FTSE JAPAN ETF 35473P744 10,496 401,369 SH   SOLE   0 0 401,369
MERCK & CO INC COM 58933Y105 390 4,283 SH   SOLE   0 0 4,283
ISHARES TR RUS 1000 GRW ETF 464287614 251 1,425 SH   SOLE   0 0 1,425
ISHARES TR RUSSELL 2000 ETF 464287655 572 3,454 SH   SOLE   0 0 3,454
VANGUARD WORLD FDS COMM SRVC ETF 92204A884 1,117 11,893 SH   SOLE   0 0 11,893
SPDR SERIES TRUST PORTFOLIO MD ETF 78464A847 2,540 70,120 SH   SOLE   0 0 70,120
MCCORMICK & CO INC COM NON VTG 579780206 1,018 6,000 SH   SOLE   0 0 6,000
ISHARES TR MBS ETF 464288588 3,473 32,142 SH   SOLE   0 0 32,142
ISHARES TR 20 YR TR BD ETF 464287432 43,453 320,732 SH   SOLE   0 0 320,732
ISHARES TR BROAD USD HIGH 46435U853 338 8,227 SH   SOLE   0 0 8,227
SPDR INDEX SHS FDS PORTFOLIO DEVLPD 78463X889 1,602 51,107 SH   SOLE   0 0 51,107
ALPHABET INC CAP STK CL C 02079K107 2,617 1,957 SH   SOLE   0 0 1,957
SPDR SERIES TRUST NUVEEN BLMBRG SR 78468R739 374 7,612 SH   SOLE   0 0 7,612
PIMCO ETF TR ENHAN SHRT MA AC 72201R833 1,846 18,172 SH   SOLE   0 0 18,172
ISHARES TR CORE S&P500 ETF 464287200 22,634 70,024 SH   SOLE   0 0 70,024
VANECK VECTORS ETF TRUST BIOTECH ETF 92189F726 267 1,914 SH   SOLE   0 0 1,914
SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 3,906 64,933 SH   SOLE   0 0 64,933
INVESCO EXCHNG TRADED FD TR SR LN ETF 46138G508 1,194 52,329 SH   SOLE   0 0 52,329
SPDR SERIES TRUST PORTFOLIO LN TSR 78464A664 842 21,660 SH   SOLE   0 0 21,660