Are Auto Effects intentionally missing from Flash Catalyst Beta 1? I can only see 1 option - "Add Selected Objects to Timeline"
I'm not sure if this is due to an action on my part or if it's just not available yet. I have noticed that FC is automatically creating effects, though.
FC now automatically creates zero duration effects in the Timeline for each group and/or item on the artboard when you duplicate states. A new "Smooth Transition" button in the timeline will add a 1/2 second duration to each effect.
On a related note, Catalyst also adds entries when you create action sequences for selected items (e.g. select an ellipse and click On Load>Play Action Sequence in the HUD). You can add new objects to existing action sequences by highlighting a sequence entry, selecting an object on the artboard and hitting the Add Object button (or Timelines>Add Object to Timeline).