In Mongoose, a sort can be done in any of the following ways:

    Post.find({}).sort('test').exec(function(err, docs) { ... });
    Post.find({}).sort([['date', -1]]).exec(function(err, docs) { ... });
    Post.find({}).sort({test: 1}).exec(function(err, docs) { ... });
    Post.find({}, null, {sort: {date: 1}}, function(err, docs) { ... });

This is how I got sort to work in mongoose 2.3.0 :)

// Find First 10 News Items
News.find({
    deal_id:deal._id // Search Filters
},
['type','date_added'], // Columns to Return
{
    skip:0, // Starting Row
    limit:10, // Ending Row
    sort:{
        date_added: -1 //Sort by Date Added DESC
    }
},
function(err,allNews){
    socket.emit('news-load', allNews); // Do something with the array of 10 objects
})

As of Mongoose 3.8.x:

model.find({ ... }).sort({ field : criteria}).exec(function(err, model){ ... });

Where:

criteria can be asc, desc, ascending, descending, 1, or -1

Note: Use quotation marks or double quote

use "asc", "desc", "ascending", "descending", 1, or -1