Blinking light in the sky with unusual movements.Let the dog out to the yard to go to the bathroom. Was about to bring him inside when I see a light in the sky hovering south of me. There were multiple lights but it was far enough away it looked like a point of light, couldn't quite make out a shape. One white light was constantly on, the other (2 or more) lights were blinking colors. I used a star light to base the movements. It would hover for a few seconds then jerk in any direction and then hover again. Reminded me of the seemingly random movements of an insect. I took a 5 min video on my phone and stayed at least another 5 min holding my dog watching the event. The object stayed in the same area of the sky (between two close trees) from my vantage, and moving away from me southbound slightly. I am familiar with the movements of known aircraft including personal drones. At first, I thought It was a drone, but the movements were inconsistent with a drone because there was no acceleration or deceleration, ! just movement and seemingly perfect hovering. There is an airport in the area. The clouds moved in during the sighting and the unknown light was below the cloud layer. There was twice a smaller/distant light that blinked once near the object similar to a satellite. I went inside because I got cold and the light was still doing it's thing in the sky, never saw it leave the area.