What looked like red stars then a random blinking materialized the a bubble formed around the light and it took off at speed of light

As I Was looking at the Orion constellation and wanted to look at the star Betelgeuse to see if it had indeed gotten dimmer, I saw what looked like a red star start flying across the sky from a stationary position I was facing west towards the Rocky Mountains it flew south until it was out of sight and then turned around and flew the other way until it was out of sight not more than 1 to 2 minutes later just above the mountain line I saw a white light materialize and flash out of nowhere it flashed about every 5 to 7 seconds until it stayed on and when that happened a clear bubble formed around the light and then it shut off to the north faster than I could blink it seem to leave just a small faint bubble kind of like an air planes contrail but much smaller and much much more different looking it was like the object to move so fast that the bubbles that I had formed around it tried to stay with it so it was like an aftermath circular bubble with a tail facing north my dog was also going crazy and staring at this guy he is a two-year-old German shepherd and very smart dog