Observation: The psalmist gives praise to God at all times. From the rising of the sun to the going down of the same.
Application: One of the most important faith formation events of my growing up was attending church camp as a family. It was a time to hear scripture in fun and exciting ways, often through music. One of the songs was an articulation of this very song. It's not as hokey as the below but it is the same version. As soon as I started reading that psalm, I started to sing this song. It is carrying this song in my heart that I appreciate about learning a simple way to praise God!