Glowing orange ball steady on SE course over Atlantic.Sitting on balcony and observed a faint, reddish object in NE sky. Thought it was Mars at first, but realized it was in wrong position. Then the object commenced moving in a Southerly direction and broke out of the clouds as a definite glowing orange ball, travelling at a high rate of speed toward the Southeast. It continued on a Southeasterly course over the ocean until it disappeared from sight. It was a definite fully formed orange ball, reminiscent of a tennis ball. At no time did it blink, flash or change its form or strength while it remained visible.