Orange/Red fireball seen in sky

I was on my way back from walking my kids to the bus stop. It was still dark outside. I got to the third house from the corner when I looked up and saw a orange/red colored light moving fast through the sky. I live near an airport so at first I assumed that that was what it was. There were also other planes flying. Then the light began to zig zag really fast. I knew then that it wasn't a plane or drone. Next it stopped moving and just hovered in that spot for 3 sec, then started moving again . When it got directly over me, it disappeared. I could have sworn I saw a larger craft with no lights sitting/hovering exactly where the smaller light disappeared. I'm not crazy and I know what I saw!