"continue" in cursor.forEach()

In my opinion the best approach to achieve this by using the filter method as it's meaningless to return in a forEach block; for an example on your snippet:

// Fetch all objects in SomeElements collection
var elementsCollection = SomeElements.find();
elementsCollection
.filter(function(element) {
  return element.shouldBeProcessed;
})
.forEach(function(element){
  doSomeLengthyOperation();
});

This will narrow down your elementsCollection and just keep the filtred elements that should be processed.

Each iteration of the forEach() will call the function that you have supplied. To stop further processing within any given iteration (and continue with the next item) you just have to return from the function at the appropriate point:

elementsCollection.forEach(function(element){
  if (!element.shouldBeProcessed)
    return; // stop processing this iteration

  // This part will be avoided if not neccessary
  doSomeLengthyOperation();
});