# Sector and Asset Overlays

Use these overlays to avoid generic calendars. Add only the sections relevant to the user's universe.

## Software and SaaS
Track earnings, ARR/NRR disclosures, price increases, product conferences, AI launches, seat expansion commentary, cloud marketplace events, sales reorg updates, and major customer renewals. Watch billings vs revenue timing, cRPO, net retention, sales efficiency, churn, migration cycles, and AI monetization proof points.

## Usage-based software and internet platforms
Track usage disclosures, pricing metric changes, developer conferences, API/platform policy changes, traffic reports, take-rate updates, creator/merchant events, and large customer ramps. Separate usage volume, price, mix, and margin effects.

## Semiconductors and hardware
Track earnings, customer product cycles, wafer starts, foundry capacity, export controls, supply-chain commentary, capex updates, inventory digestion, product launches, and key customer events. Map events to revenue lag and gross margin mix.

## Consumer, retail, restaurants, and staples
Track monthly/quarterly sales, traffic, pricing, promotions, holiday periods, product launches, distributor/channel updates, commodity costs, inventory markdowns, and competitor read-throughs. Watch comp sales, traffic vs ticket, margin bridge, and inventory quality.

## Banks, brokers, and financials
Track earnings, NII/NIM updates, deposit betas, credit costs, CCAR/stress tests, regulatory capital changes, loan growth, trading activity, fee revenues, and macro/rate dates. Watch credit migration and balance sheet duration, not just EPS.

## Insurance
Track catastrophe events, reserve reviews, pricing renewals, regulatory capital, investment income, morbidity/mortality trends, reinsurance renewals, and litigation/regulatory developments. Distinguish current accident year from prior-year development.

## Asset managers and exchanges
Track AUM flows, market levels, fee-rate changes, product launches, volume statistics, regulatory changes, index rebalances, and capital return. Watch flow mix and operating leverage.

## Fintech and payments
Track volume metrics, take rate, credit performance, funding costs, regulatory actions, partner bank events, network updates, product launches, and consumer spend prints. Separate growth quality from credit and fraud risk.

## Biotech and pharma
Track trial enrollment, topline data, full data, conferences, FDA acceptance, PDUFA, advisory committees, label expansions, patent/litigation dates, competitor data, pricing/reimbursement, and launch metrics. Separate clinical, regulatory, commercial, and IP catalysts.

## Healthcare services and medtech
Track reimbursement updates, CMS rules, utilization trends, hospital capex, procedure volumes, regulatory inspections, product approvals, and payer contract renewals. Watch volume, pricing, mix, and labor cost dynamics.

## Energy and E&P
Track OPEC, inventory reports, commodity macro, production updates, reserve reports, hedging updates, capex, regulatory permits, midstream constraints, and M&A. Link events to commodity beta and free cash flow sensitivity.

## Utilities and renewables
Track rate cases, regulatory hearings/orders, wildfire/storm events, project COD dates, tax credit guidance, interconnection milestones, fuel costs, and financing windows. Separate allowed ROE, rate base, capex, and regulatory lag.

## REITs and real estate
Track earnings, leasing updates, rent spreads, occupancy, cap rates, debt maturities, refinancing dates, asset sales, development deliveries, and macro/rate events. Watch AFFO, leverage, liquidity, and tenant concentration.

## Industrials, aerospace, and transportation
Track order books, production rates, deliveries, labor contracts, regulatory approvals, commodity costs, supply-chain disruptions, and customer capex cycles. Separate backlog conversion from new demand.

## Media, telecom, and gaming
Track subscriber updates, content launches, sports rights, spectrum auctions, regulatory approvals, advertising market data, game releases, box office, and streaming profitability milestones. Watch churn, ARPU, content amortization, and capex.

## M&A and special situations
Track announcement date, HSR/antitrust filings, shareholder vote, financing commitment, regulatory approvals, go-shop expiration, tender deadlines, outside date, walk rights, court dates, and closing window. Keep path-dependent milestones visible.

## Macro/rates/cross-asset overlays
Track central bank meetings, CPI, payrolls, PMIs, retail sales, auctions, fiscal deadlines, FX policy, commodity reports, and geopolitical deadlines. Map each event to portfolio exposures: rates duration, credit spreads, dollar, oil/gas, cyclicals, defensives, banks, real estate, and high-multiple growth.