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This rune provides success, advancement in career, a turnabout in luck for those in difficulty. The good luck it provides is not permanent, but a single event or a short period of good fortune. After that the charm must be renewed, not only magically but through an act of binding or connection in the social sense. This act can be a gift to charity, help to another, or some other action to like oneself to a social order. This rune is good for areas of money, friendliness, and gaining merit. Fehu is a sign of hope and plenty, success and happiness, but also the responsibilities of those at the top and a social binding at all levels. Cooper, Esoteric Rune Magic.
It is the power of generation at its most basic level. Its energies are totally wild and very useful for magick involving swift, radical changes. To hasten affairs to their next stag use after the "subject " rune in your runescript. To increase monetary wealth. Protection of valuables. The "sending" rune use it to send either your energy or the enrgy of the runes out into the formative spheres. Peschel, A Practical Guide to the Runes.