“The Lord’s (Yahweh’s) eyes are everywhere…” starts this parable. God does not miss anything. When I was young there was a funny saying, “My mother has eyes in the back of her head,” meaning when I was doing something she knew disapproved of she knew it and would let me know. This verse isn’t exactly saying this. It continued, “…keeping watch on the wicked and the good.” Not that the wicked and good have the same reaction. Nor that God’s action is different for each. Rather, the action is the same and the reactions can be the same.
The Lord’s eyes are everywhere. What is he looking for and at? For the wicked, he is the Father who is looking to see if his child will turn to him as the father is Jesus’ parable, The Prodigal Son. Then the Father shouts in joy, “‘For this son of mine was dead and is alive again; he was lost and is found.’ So they began to celebrate.” (Luke 15:24)
For the good, “tob” in the original Hebrew meaning “doing good”, he is watching to protect, lead, teach, correct, provide, and bless as a good father does. He is like the father to the other son in Jesus’ parable, The Prodigal Son. The Father corrected and instructed, “‘My son you are always with me, and everything I have is yours. But we had to celebrate and be glad, because this brother of yours was dead and is alive again; he was lost and is found.'” (Luke 15:31-32)