God is to be praised for his goodness,
Psalms 33:1 Rejoice in the LORD, O ye righteous: praise is comely for the upright. Psalms 33:2 Give thanks unto the LORD with harp: sing praises unto him with the psaltery of ten strings. Psalms 33:3 Sing unto him a new song; play skilfully with a loud noise. Psalms 33:4 For the word of the LORD is right; and all his work is [done] in faithfulness. Psalms 33:5 He loveth righteousness and judgment: the earth is full of the lovingkindness of the LORD.
for his power,
Psalms 33:6 By the word of the LORD were the heavens made; and all the host of them by the breath of his mouth. Psalms 33:7 He gathereth the waters of the sea together as an heap: he layeth up the deeps in storehouses. Psalms 33:8 Let all the earth fear the LORD: let all the inhabitants of the world stand in awe of him. Psalms 33:9 For he spake, and it was done; he commanded, and it stood fast. Psalms 33:10 The LORD bringeth the counsel of the nations to nought: he maketh the thoughts of the peoples to be of none effect. Psalms 33:11 The counsel of the LORD standeth fast for ever, the thoughts of his heart to all generations.
and for his providence.
Psalms 33:12 Blessed is the nation whose God is the LORD; the people whom he hath chosen for his own inheritance. Psalms 33:13 The LORD looketh from heaven; he beholdeth all the sons of men; Psalms 33:14 From the place of his habitation he looketh forth upon all the inhabitants of the earth; Psalms 33:15 He that fashioneth the hearts of them all, that considereth all their works. Psalms 33:16 There is no king saved by the multitude of an host: a mighty man is not delivered by great strength. Psalms 33:17 An horse is a vain thing for safety: neither shall he deliver any by his great power. Psalms 33:18 Behold, the eye of the LORD is upon them that fear him, upon them that hope in his mercy; Psalms 33:19 To deliver their soul from death, and to keep them alive in famine.
Confidence is to be placed in God.
Psalms 33:20 Our soul hath waited for the LORD: he is our help and our shield. Psalms 33:21 For our heart shall rejoice in him, because we have trusted in his holy name. Psalms 33:22 Let thy mercy, O LORD, be upon us, according as we have hoped in thee.