Passage
I will bless Jehovah, who giveth me counsel; even in the nights my reins instruct me.
I will bless Jehovah, who giveth me counsel; even in the nights my reins instruct me.
Psalms 16:5 Jehovah is the portion of mine inheritance and of my cup: thou maintainest my lot.
Psalms 16:6 The lines are fallen unto me in pleasant places; yea, I have a goodly heritage.
Psalms 16:7 I will bless Jehovah, who giveth me counsel; even in the nights my reins instruct me.
Psalms 16:8 I have set Jehovah continually before me; because [he is] at my right hand, I shall not be moved.
Psalms 16:9 Therefore my heart rejoiceth, and my glory exulteth; my flesh moreover shall dwell in hope.
The verse centers on "bless", "jehovah", "giveth", "counsel", "even", "nights", "reins", and "instruct". It is saying that the verse draws attention to "bless" and "jehovah", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 6's "The lines are fallen unto me in..." into verse 8's "I have set Jehovah continually before me...", so "bless" and "jehovah" belong inside that flow. In Psalms context, the local focus is worship, trust, the LORD's kingship, and covenant mercy.
A plain takeaway is to answer the verse's own emphasis on "bless" and "jehovah" with trust shaped by these words, not by a vague optimism outside the passage.