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I'd add toy and object attached to balloon. The balloon could be tethered if it's right above a house, I've seen similar reports before where that's what it turned out to be, something attached to a tethered balloon. You might see lights hanging underneath the balloon but not the balloon itself, especially if the lights are LEDs which aren't omnidirectional.
Originally posted by GoodLuckCharm
Only thing I am left with is either: Reflection, Lazer, or UFO.
Originally posted by TeslaandLyne
Just a ball of light in the air and nothing else around it.
Look father up in the sky, something might be up there
suspended on ether sound waves that can light up the
air once in a while.
Even down to the ground as it seems.
Originally posted by GoodLuckCharm
There is no antenna there now, if that is what it was.
Toy on the end of the balloon is interesting, she says no though.