There will be a Blue Moon on New Year's Eve. (Not the color, just the fact that two full moons appear within one calendar month.) Blue moons are not all that common and thus the saying. This moon is interesing in that it will rise as the sun sets (in our area). The moon will reach the top of the arc around 11:30 p.m. If you go outside around midnight you will have the moon directly overhead. If the clouds abate there should be enough light to cast shadows. Should make for some interesting fireworks on the east coast.