On Christmas day we saw an orange ball of light with a ring surrounding it in the sky.

I don't exactly remember everything because I was only six years old.  I remember getting out of our car and standing in our apartment complex with my parents.  My dad just started screaming at my mom to get the camera and I didn't understand why.  Then he pointed in the sky.  There was an orange sphere of light with a ring around it.  It was relatively large compared to the small stars behind it.  At the southeastern side of the ball and ring there was a blur almost as if an engine was letting out intense heat.  We just stared at it for a while and then went back inside.  I don't remember if it was moving or not, I just remember being terrified and wanting to go in my home.