Bright deep yellow sphere with red bottom with long yellow trailing tail in appearance of a fireball

At 6:00 am this morning I was out walking my dog as usual. I always find myself looking up at the sky while he is sniffing around. On this particular morning, I looked up and immediately noticed a large bright deep yellow sphere with a thin red bottom, with a long firey tail traveling from the north, heading south. I knew it was not an airplane. I see many planes in the sky coming and going from Midway and O'Hare airports. This object did not have any flashing lights whatsoever. I also knew that it was not a shooting star. I have seen several of those when visiting my parents in Arizona. I immediately thought that it was a comet until it went into a descending diagonal flight, paused very briefly, dropped into a vertical flight, and then flew parallel to the ground heading south. There was absolutely no noise coming from this object.
It was at this point I noticed an area of the sky become distorted and the object flew into it and then disappeared. Special note: This object maintained its original shape and appearance throughout my observation of its flight.