Passage
This is the day which the LORD hath made; we will rejoice and be glad in it.
This is the day which the LORD hath made; we will rejoice and be glad in it.
Psalms 118:22 The stone which the builders refused is become the head stone of the corner.
Psalms 118:23 This is the LORD’s doing; it is marvellous in our eyes.
Psalms 118:24 This is the day which the LORD hath made; we will rejoice and be glad in it.
Psalms 118:25 Save now, I beseech thee, O LORD: O LORD, I beseech thee, send now prosperity.
Psalms 118:26 Blessed be he that cometh in the name of the LORD: we have blessed you out of the house of the LORD.
The verse centers on "lord", "hath", "rejoice", and "glad". It is saying that the verse draws attention to "lord" and "hath", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 23's "This is the LORD s doing it..." into verse 25's "Save now I beseech thee O LORD...", so "lord" and "hath" 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 "lord" and "hath" with trust shaped by these words, not by a vague optimism outside the passage.