Actions in FCPX

Is it possible create actions in FCPX?

I found out that I'm doing a lot of expanding audio track and set fades using same settings with multiple clips. It's really time consuming to do it clip by clip. I'm looking for a way to set action to apply same settings to multiple clips... or even pre-defined setting to easily apply to one clip.
Is there any way to do this?

Thanks,
Tomi

You can copy a clip and then paste the associated effects to another clip. This also works with the audio track. If you use the fade in and out handles of the audio and set a level, you can copy that clip and paste those effects to another audio clip.